Retirement plan

EMPLOYEE BENEFIT PLAN OF SECRET HARBOR SCHOOL

Name: SECRET HARBOR SCHOOL - EMPLOYEE BENEFIT PLAN OF SECRET HARBOR SCHOOL (2019) Form 5500
Creator: SECRET HARBOR SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SECRET HARBOR SCHOOL, SECRET HARBOR SCHOOL

SECRET HARBOR SCHOOLEIN 91-1025997Plan #002PY 2019

225 N WALNUT ST - BURLINGTON, WA 982331137360-755-5700secretharbor.orgLinkedIn11-50 employeesinvestment banking

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$412K

-28.2% from 2018

Total participants

+7.4% from 2018

Average account balance

$14,201

-33.2% from 2018

Annual return

16.66%

+23.26 pp from 2018

Benchmarks

See 332 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants<25

Cohort332 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$449K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

157.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1234

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 codes2F2G2T3D

Plan features

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$300K

$16657 / participant

Other / not subdivided$300K100.0%

% of EOY assets

72.803%

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

$14,201

$66,704-78.7%

$152,909-90.7%

Participation rate

100.0%

72.5%+27.5pp

82.5%+17.5pp

Annual return

16.66%

27.69%-11.0pp

345.46%-328.8pp

Employer contribution / active EE

$693

$2,786-75.1%

$4,764-85.5%

Participant deferral / active EE

$1,624

$4,168-61.0%

$5,851-72.2%

Admin fee / account holder

$10,339

$4,701+119.9%

$11,601-10.9%

EMPLOYEE BENEFIT PLAN OF SECRET HARBOR SCHOOL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SECRET HARBOR SCHOOL

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