Retirement plan

TODDLE INN CHILD CARE 401(K) PLAN

Name: TODDLE INN CHILD CARE, INC. - TODDLE INN CHILD CARE 401(K) PLAN (2019) Form 5500
Creator: TODDLE INN CHILD CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TODDLE INN CHILD CARE 401(K) PLAN, TODDLE INN CHILD CARE, INC.

TODDLE INN CHILD CARE, INC.EIN 01-0468978Plan #002PY 2019

P.O. BOX 40 - SCARBOROUGH, ME 04070207-883-6094LinkedIn51-200 employeeseducation management

Prospect flagsHigh feesLow participationLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$669K

+37.5% from 2018

Total participants

118

-12.6% from 2018

Average account balance

$12,630

+92.0% from 2018

Annual return

22.11%

+32.80 pp from 2018

Benchmarks

See 5,341 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,341 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.40M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

72.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$135K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+19.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2292

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

Top 5 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 10 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Accounting	$9,183
PENSION ASSURANCE LLP3+ years Filed as: THE PENSION SERVICE, INC. Service code 10 · EIN 16-0874395 THE EDWARDS BLOCK · WESTBROOK, ME 04092	Accounting	$8,472
RAYMOND JAMES FINANCIAL SERVICES3+ years Service code 22	Insurance Broker	$4,356
TPS GROUP 3(16) SERVICES, LLC2 years Filed as: TPS GROUP 3(16) SERVICES LLC Service code 14 · EIN 82-3348747 127 WASHINGTON AVENUE · NORTH HAVEN, CT 06473	Plan Administrator	$4,155
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES Service code 14 P.O. BOX 14527 · ST. PETERSBURG, FL 33733	Plan Administrator	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$22K

$208 / participant

Investment mgmt$13K58.3%
Other / not subdivided$9K41.7%

% of EOY assets

3.259%

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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,630

$52,967-76.2%

$172,753-92.7%

$65,186-80.6%

Participation rate

38.1%

66.2%-28.1pp

82.6%-44.6pp

70.2%-32.1pp

Annual return

22.11%

30.12%-8.0pp

803.00%-780.9pp

29.39%-7.3pp

Employer contribution / active EE

$481

$2,190-78.0%

$5,144-90.6%

$2,177-77.9%

Participant deferral / active EE

$824

$2,471-66.6%

$5,198-84.1%

$3,514-76.5%

Admin fee / account holder

$412

$472-12.8%

$13,956-97.1%

$847-51.4%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 10

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Accounting

$9,183

PENSION ASSURANCE LLP3+ years

Filed as: THE PENSION SERVICE, INC.

Service code 10 · EIN 16-0874395

THE EDWARDS BLOCK · WESTBROOK, ME 04092

Accounting

$8,472

RAYMOND JAMES FINANCIAL SERVICES3+ years

Service code 22

Insurance Broker

$4,356

TPS GROUP 3(16) SERVICES, LLC2 years

Filed as: TPS GROUP 3(16) SERVICES LLC

Service code 14 · EIN 82-3348747

127 WASHINGTON AVENUE · NORTH HAVEN, CT 06473

Plan Administrator

$4,155

RAYMOND JAMES FINANCIAL SERVICES3+ years

Filed as: RAYMOND JAMES

Service code 14

P.O. BOX 14527 · ST. PETERSBURG, FL 33733

Plan Administrator

TODDLE INN CHILD CARE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TODDLE INN CHILD CARE 401(K) 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