Retirement plan

THE OPEN WINDOW SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN

Name: THE OPEN WINDOW SCHOOL - THE OPEN WINDOW SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN (2024) Form 5500
Creator: THE OPEN WINDOW SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE OPEN WINDOW SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN, THE OPEN WINDOW SCHOOL

THE OPEN WINDOW SCHOOLEIN 91-1303536Plan #002PY 2024

6128 168TH PLACE SE - BELLEVUE, WA 980065679425-747-2911openwindowschool.orgLinkedIn51-200 employeesprimary/secondary education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.5M

+20.5% from 2023

Total participants

214

+6.5% from 2023

Average account balance

$58,515

+13.1% from 2023

Annual return

15.32%

-2.80 pp from 2023

Benchmarks

See 4,475 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,475 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.46M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

213

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$992K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$111

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
TIAA10+ years Service code 64 · EIN 13-1624203	Recordkeeping Fees	$23,701

Plan features & details

Pension benefit codes2M2F2L2G2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$24K

$293 / participant

Contract admin$24K100.0%

% of EOY assets

0.190%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLARK NUBER P.S.
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,515

$48,314+21.1%

$67,561-13.4%

$80,925-27.7%

Participation rate

98.8%

66.4%+32.4pp

72.9%+25.9pp

67.7%+31.1pp

Annual return

15.32%

18.28%-3.0pp

3525.44%-3510.1pp

35.65%-20.3pp

Employer contribution / active EE

$4,804

$2,022+137.6%

$2,735+75.7%

$2,756+74.3%

Participant deferral / active EE

$7,440

$2,927+154.2%

$4,003+85.9%

$4,299+73.1%

Admin fee / account holder

$111

$3,690-97.0%

$4,006-97.2%

$6,940-98.4%

Provider

Service type

Compensation

TIAA10+ years

Service code 64 · EIN 13-1624203

Recordkeeping Fees

$23,701

THE OPEN WINDOW SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE OPEN WINDOW SCHOOL DEFINED CONTRIBUTION 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