Retirement plan

CHILD DEVELOPMENT PROFIT SHARING PLAN AND TRUST

Name: CHILD DEVELOPMENT AND EDUCATION, INC. - CHILD DEVELOPMENT PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: CHILD DEVELOPMENT AND EDUCATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHILD DEVELOPMENT PROFIT SHARING PLAN AND TRUST, CHILD DEVELOPMENT AND EDUCATION, INC.

CHILD DEVELOPMENT AND EDUCATION, INC.EIN 04-3156875Plan #002PY 2015

10 CABOT RD., 2ND FLOOR - MEDFORD, MA 021555177781-393-5100

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$3.4M

No prior year

Total participants

153

No prior year

Average account balance

$27,158

No prior year

Annual return

0.26%

No prior year

Benchmarks

See 801 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort801 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.18M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

141

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.

72.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$895K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22

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

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 codes2E2F2G2J3D2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

$2K

$22 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.071%

all-in expense ratio

Categories reported

0 / 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: KEVIN P. MARTIN & ASSOCIATES
Auditor EIN: 043097400
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,158

$26,805+1.3%

$59,496-54.4%

$52,331-48.1%

Participation rate

77.0%

39.3%+37.7pp

54.6%+22.4pp

68.1%+8.9pp

Annual return

0.26%

2.61%-2.3pp

182.05%-181.8pp

4.54%-4.3pp

Employer contribution / active EE

$1,509

$450+235.4%

$1,153+30.9%

$1,882-19.8%

Participant deferral / active EE

$2,472

$916+169.8%

$1,829+35.1%

$3,022-18.2%

Admin fee / account holder

$19

$305-93.6%

$2,232-99.1%

$592-96.7%

CHILD DEVELOPMENT PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHILD DEVELOPMENT PROFIT SHARING PLAN AND TRUST

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