Retirement plan

NEW ROADS SCHOOL 403(B) PLAN

Name: NEW ROADS SCHOOL - NEW ROADS SCHOOL 403(B) PLAN (2017) Form 5500
Creator: NEW ROADS SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW ROADS SCHOOL 403(B) PLAN, NEW ROADS SCHOOL

NEW ROADS SCHOOLEIN 95-4823489Plan #001PY 2017

3131 OLYMPIC BLVD. - SANTA MONICA, CA 90404310-828-5582newroads.orgLinkedIn51-200 employeesprimary/secondary education

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.9M

+19.1% from 2016

Total participants

189

+22.7% from 2016

Average account balance

$34,707

+11.5% from 2016

Annual return

14.69%

+12.53 pp from 2016

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.94M

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.

202

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.

56.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$913K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$163

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 2 by compensation

Provider	Service type	Compensation
DIGITAL RETIREMENT SOLUTIONS, INC.2+ years Service code 12 · EIN 84-1477138	Sub-transfer agency fees; Participant...	$435
NEWPORT GROUP, INC.2+ years Filed as: MATRIX FINANCIAL SOLUTIONS, INC. Service code 18 · EIN 20-1591048	Shareholder servicing fees; Float rev...	$60

Plan features & details

Pension benefit codes2A2F2G2M2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$495

$4 / participant

Contract admin$43587.9%
Other / not subdivided$6012.1%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ARMANINO LLP
Auditor EIN: 946214841
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,707

$57,976-40.1%

$63,018-44.9%

$62,293-44.3%

Participation rate

63.2%

75.9%-12.8pp

74.8%-11.6pp

69.5%-6.4pp

Annual return

14.69%

17.54%-2.9pp

87.62%-72.9pp

28.90%-14.2pp

Employer contribution / active EE

$2,357

$2,415-2.4%

$2,761-14.6%

$2,042+15.4%

Participant deferral / active EE

$2,130

$2,956-27.9%

$3,330-36.0%

$3,169-32.8%

Admin fee / account holder

$276-98.7%

$3,601-99.9%

$479-99.3%

Provider

Service type

Compensation

DIGITAL RETIREMENT SOLUTIONS, INC.2+ years

Service code 12 · EIN 84-1477138

Sub-transfer agency fees; Participant...

$435

NEWPORT GROUP, INC.2+ years

Filed as: MATRIX FINANCIAL SOLUTIONS, INC.

Service code 18 · EIN 20-1591048

Shareholder servicing fees; Float rev...

$60

NEW ROADS SCHOOL 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW ROADS SCHOOL 403(B) 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