Back to filter
Original filing (PDF)20250307153656NAL0007292323001
DEMOCRACY PREP PUBLIC SCHOOLS, INC.
Form 5500
FILING_RECEIVED
DEMOCRACY PREP PUBLIC SCHOOLS, 403(B) RETIREMENT PLAN
Employee benefit plan
Signals · 3
Late filing · 21.7 mo30% in single holdingNo recordkeeper disclosed
Active participants
767
Accounts w/ balance
—
Plan assets (EOY)
$34.3M
Net assets (EOY)
$34.3M
How this plan invests
This plan
30 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
79
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
75
Concentration risk
85
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Filed 21.7 months past the 10.5-month grace window.
- Top holding "S SHARES * American Funds 2050 Target Date" is 30% of plan.
- 59 bps in Schedule C fees — 104% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for DEMOCRACY PREP PUBLIC SCHOOLS, INC..
Plan sponsor
Name
DEMOCRACY PREP PUBLIC SCHOOLS, INC.
EIN
20-2629354
Address
1767 PARK AVENUE, 4TH FLOOR · NEW YORK, NY · 10035
Phone
(212) 281-1248
Industry
Educational Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2021-07-01
Tax period
2022-06-30
Filed
2025-03-07
Audit & trust (Schedule H)
Auditor
PKF O'CONNOR DAVIES, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsOther
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE DAVID YVARS GROUP | — | VALHALLA, NY | NONE | $144K | — |
| CAPITAL GROUP RETIREMENT PLAN SVCS | 20-3691658 | — | NONE | $45K | — |
| UNITED BENEFIT PENSIONS INC. | — | MELVILLE, NY | NONE | $14K | — |
Investments
30 direct securities· $31.8M(93% of reported assets)
Uncategorized
$22.4M
29 holdings
Mutual Funds
$9.4M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| S SHARES * American Funds 2050 Target Date | Mutual Funds | — | $565K | $9.4M | 27.5% | |
| American Funds 2045 Target Date | — | — | $342K | $5.8M | 17.0% | |
| American Funds 2040 Target Date | — | — | $248K | $4.1M | 12.1% | |
| American Funds 2055 Target Date | — | — | $177K | $3.7M | 10.7% | |
| American Funds 2035 Target Date | — | — | $100K | $1.6M | 4.7% | |
| Late to Plan Not Corrected Outside VFCP in VFCP | — | — | $2.7M | $1.3M | 3.7% | |
| American Funds 2030 Target Date | — | — | $76K | $1.1M | 3.3% | |
| The Growth Fund of America | — | — | $21K | $1.1M | 3.2% | |
| MONEY MARKET FUND * American Funds Money Market Fund | — | — | $838K | $838K | 2.4% | |
| 6.50% with maturities through 2051 | — | — | — | $489K | 1.4% | |
| American Funds 2025 Target Date | — | — | $27K | $375K | 1.1% | |
| American Funds New Perspective Fund | — | — | $7K | $363K | 1.1% | |
| The Income Fund of America | — | — | $13K | $303K | 0.9% | |
| American Balanced Fund | — | — | $9K | $244K | 0.7% | |
| American Funds 2020 Target Date | — | — | $13K | $164K | 0.5% | |
| Capital World Gain and Loss Fund | — | — | $3K | $161K | 0.5% | |
| American Funds 2060 Target Date | — | — | $10K | $137K | 0.4% | |
| American Funds Europacific Growth Fund | — | — | $3K | $127K | 0.4% | |
| American Funds American Mutual Fund | — | — | $3K | $123K | 0.4% | |
| Capital Income Builders | — | — | $2K | $101K | 0.3% | |
| American Funds Small Cap World Fund 746 | — | — | — | $43K | 0.1% | |
| American Funds 2015 Target Date | — | — | $3K | $40K | 0.1% | |
| The Bond Fund of America | — | — | $3K | $32K | <0.1% | |
| American Funds Capital World Bond Fund | — | — | $2K | $28K | <0.1% | |
| American Funds Conservative Gain and Loss Portfolio Fund | — | — | $2K | $25K | <0.1% | |
| American Funds New World Fund 364 | — | — | — | $24K | <0.1% | |
| American Funds Short Term Bond Fund | — | — | $1K | $10K | <0.1% | |
| American Funds 2065 Target Date 628 | — | — | — | $8K | <0.1% | |
| American Funds US Gov't Sec 611 | — | — | — | $8K | <0.1% | |
| American Funds 2010 Target Date 262 | — | — | — | $3K | <0.1% |