Retirement plan

EMPLOYEE BENEFIT PLAN OF ELLIS MEMORIAL AND ELDREDGE HOUSE, INC.

Name: ELLIS MEMORIAL AND ELDREDGE HOUSE, INC. - EMPLOYEE BENEFIT PLAN OF ELLIS MEMORIAL AND ELDREDGE HOUSE, INC. (2018) Form 5500
Creator: ELLIS MEMORIAL AND ELDREDGE HOUSE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF ELLIS MEMORIAL AND ELDREDGE HOUSE, INC., ELLIS MEMORIAL AND ELDREDGE HOUSE, INC.

ELLIS MEMORIAL AND ELDREDGE HOUSE, INC.EIN 04-2104168Plan #001PY 2018

58 BERKELEY ST - BOSTON, MA 021166215617-695-9307ellisearlylearning.orgLinkedIn51-200 employeesnon-profit organization management

Other plans on this EIN

1 filing

#002Retirement-$63K assets

Prospect flagsHigh feesLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$285K

-66.5% from 2017

Total participants

+75.6% from 2017

Average account balance

$4,322

-79.7% from 2017

Annual return

2.05%

-13.59 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$685K

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

48.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$142K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+18.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4382

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 codes2F2S2T3D

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).
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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.

Expense breakdown

Schedule H Part II

Admin total

$649K

$12241 / participant

Other / not subdivided$649K100.0%

% of EOY assets

227.441%

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

$4,322

$75,962-94.3%

$154,108-97.2%

$64,173-93.3%

Participation rate

88.7%

70.4%+18.3pp

83.0%+5.6pp

69.6%+19.1pp

Annual return

2.05%

30.32%-28.3pp

735.21%-733.2pp

7.63%-5.6pp

Employer contribution / active EE

$149

$3,350-95.6%

$5,298-97.2%

$2,381-93.7%

Participant deferral / active EE

$921

$3,175-71.0%

$5,081-81.9%

$3,470-73.5%

Admin fee / account holder

$9,830

$5,589+75.9%

$13,411-26.7%

$4,887+101.1%

EMPLOYEE BENEFIT PLAN OF ELLIS MEMORIAL AND ELDREDGE HOUSE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF ELLIS MEMORIAL AND ELDREDGE HOUSE, INC.

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