Retirement plan

CHILD DEVELOPMENT PROFIT SHARING PLAN AND TRUST

Name: CHILD DEVELOPMENT AND EDUCATION, INC. - CHILD DEVELOPMENT PROFIT SHARING PLAN AND TRUST (2016) 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 2016

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

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4M

+14.6% from 2015

Total participants

159

+3.9% from 2015

Average account balance

$29,289

+7.8% from 2015

Annual return

7.01%

+6.75 pp from 2015

Benchmarks

See 875 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort875 peers

Snapshot2016

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

$3K

$21 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.066%

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, P.C.
Auditor EIN: 043097400
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,289

$25,723+13.9%

$69,182-57.7%

$55,167-46.9%

Participation rate

80.8%

39.4%+41.4pp

55.1%+25.7pp

69.0%+11.8pp

Annual return

7.01%

9.56%-2.5pp

-21.93%+28.9pp

169.23%-162.2pp

Employer contribution / active EE

$1,480

$480+208.1%

$1,206+22.7%

$1,963-24.6%

Participant deferral / active EE

$2,452

$963+154.5%

$1,897+29.3%

$3,054-19.7%

Admin fee / account holder

$19

$365-94.7%

$2,697-99.3%

$504-96.2%

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