Retirement plan

THE MAX WARBURG COURAGE CURRICULUM,INC. MAXCOURAGE 401(K) PLAN

Name: THE MAX WARBURG COURAGE CURRICULUM,INC. - THE MAX WARBURG COURAGE CURRICULUM,INC. MAXCOURAGE 401(K) PLAN (2024) Form 5500
Creator: THE MAX WARBURG COURAGE CURRICULUM,INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MAX WARBURG COURAGE CURRICULUM,INC. MAXCOURAGE 401(K) PLAN, THE MAX WARBURG COURAGE CURRICULUM,INC.

THE MAX WARBURG COURAGE CURRICULUM,INC.EIN 04-3256902Plan #001PY 2024

263 HUNTINGTON AVE, #366 - BOSTON, MA 02115617-373-7399maxcourage.orgLinkedIn1-10 employeesprimary/secondary education

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$64K

+13.0% from 2023

Total participants

0.0% from 2023

Average account balance

$31,936

+13.0% from 2023

Annual return

13.01%

-4.96 pp from 2023

Benchmarks

See 50,137 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,137 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$64K

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$260

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 codes2T2J2F2G3D

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).
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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

$519

$260 / participant

Other / not subdivided$519100.0%

% of EOY assets

0.813%

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

$31,936

$88,710-64.0%

$81,783-61.0%

$145,959-78.1%

Participation rate

50.0%

75.0%-25.0pp

72.4%-22.4pp

80.3%-30.3pp

Annual return

13.01%

1027.26%-1014.3pp

775.05%-762.0pp

561.95%-548.9pp

Employer contribution / active EE

$3,083-100.0%

$2,913-100.0%

$4,661-100.0%

Participant deferral / active EE

$4,645-100.0%

$4,320-100.0%

$6,689-100.0%

Admin fee / account holder

$260

$8,407-96.9%

$7,380-96.5%

$13,398-98.1%

THE MAX WARBURG COURAGE CURRICULUM,INC. MAXCOURAGE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MAX WARBURG COURAGE CURRICULUM,INC. MAXCOURAGE 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