Retirement plan

TIMPANOGOS ACADEMY FOUNDATION RETIREMENT PLAN

Name: TIMPANOGOS ACADEMY FOUNDATION - TIMPANOGOS ACADEMY FOUNDATION RETIREMENT PLAN (2018) Form 5500
Creator: TIMPANOGOS ACADEMY FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TIMPANOGOS ACADEMY FOUNDATION RETIREMENT PLAN, TIMPANOGOS ACADEMY FOUNDATION

TIMPANOGOS ACADEMY FOUNDATIONEIN 87-0673635Plan #002PY 2018

55 SOUTH 100 EAST - LINDON, UT 84042801-785-4979timpacademy.orgLinkedIn11-50 employeeseducation management

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.9M

+20.9% from 2017

Total participants

+6.4% from 2017

Average account balance

$38,155

+13.5% from 2017

Annual return

12.82%

+0.23 pp from 2017

Benchmarks

See 3,833 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,833 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$4.15M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$94K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

68.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$271K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.76%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1631

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$115 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.209%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,155

$43,338-12.0%

$59,887-36.3%

$64,173-40.5%

Participation rate

97.1%

69.2%+27.9pp

74.7%+22.4pp

69.6%+27.5pp

Annual return

12.82%

-1.55%+14.4pp

3.46%+9.4pp

7.63%+5.2pp

Employer contribution / active EE

$2,549

$2,030+25.6%

$2,722-6.4%

$2,381+7.1%

Participant deferral / active EE

$1,246

$2,547-51.1%

$3,402-63.4%

$3,470-64.1%

Admin fee / account holder

$80

$3,007-97.4%

$3,591-97.8%

$4,887-98.4%

TIMPANOGOS ACADEMY FOUNDATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TIMPANOGOS ACADEMY FOUNDATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion