Retirement plan

EMPLOYEE BENEFIT PLAN OF SHREWSBURY CHILDREN'S CENTER, INC.

Name: SHREWSBURY CHILDREN'S CENTER, INC. - EMPLOYEE BENEFIT PLAN OF SHREWSBURY CHILDREN'S CENTER, INC. (2016) Form 5500
Creator: SHREWSBURY CHILDREN'S CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SHREWSBURY CHILDREN'S CENTER, INC., SHREWSBURY CHILDREN'S CENTER, INC.

SHREWSBURY CHILDREN'S CENTER, INC.EIN 04-2771570Plan #001PY 2016

138 N QUINSIGAMOND AVE - SHREWSBURY, MA 01545508-755-3922shrewsburychildrenscenter.comLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$471K

No prior year

Total participants

No prior year

Average account balance

$12,738

No prior year

Annual return

6.78%

No prior year

Benchmarks

See 5,384 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,384 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$778K

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

178.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

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

+13.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$199K

$9061 / participant

Other / not subdivided$199K100.0%

% of EOY assets

42.296%

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

$12,738

$65,712-80.6%

$57,196-77.7%

$273,972-95.4%

Participation rate

95.5%

78.3%+17.1pp

75.3%+20.1pp

83.0%+12.4pp

Annual return

6.78%

22.01%-15.2pp

14.59%-7.8pp

41.46%-34.7pp

Employer contribution / active EE

$717

$3,280-78.2%

$2,683-73.3%

$4,869-85.3%

Participant deferral / active EE

$872

$3,782-76.9%

$3,096-71.8%

$5,287-83.5%

Admin fee / account holder

$5,388

$4,838+11.4%

$3,141+71.5%

$10,133-46.8%

EMPLOYEE BENEFIT PLAN OF SHREWSBURY CHILDREN'S CENTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SHREWSBURY CHILDREN'S CENTER, 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