Retirement plan

EMPLOYEE BENEFIT PLAN OF FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL H

Name: FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL HILL SCHOOL - EMPLOYEE BENEFIT PLAN OF FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL H (2015) Form 5500
Creator: FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL HILL SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL H, FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL HILL SCHOOL

FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL HILL SCHOOLEIN 11-2380980Plan #001PY 2015

201 OLD TOWN RD - EAST SETAUKET, NY 11733631-751-1154

Prospect flagsHigh feesLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$3.1M

No prior year

Total participants

No prior year

Average account balance

$58,954

No prior year

Annual return

0.43%

No prior year

Benchmarks

See 2,453 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort2,453 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.73M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

113.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$98K

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

+21.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$422

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 codes2E

Plan features

2E
Profit-sharing
Profit-sharing plan.

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.)
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

$430K

$9563 / participant

Other / not subdivided$430K100.0%

% of EOY assets

14.037%

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

$58,954

$40,275+46.4%

$57,356+2.8%

$59,633-1.1%

Participation rate

100.0%

69.1%+30.9pp

75.1%+24.9pp

68.7%+31.3pp

Annual return

0.43%

27.52%-27.1pp

24.41%-24.0pp

2041.45%-2041.0pp

Employer contribution / active EE

$1,921-100.0%

$2,689-100.0%

$2,203-100.0%

Participant deferral / active EE

$1,344

$2,400-44.0%

$3,162-57.5%

$3,192-57.9%

Admin fee / account holder

$8,276

$2,820+193.4%

$3,357+146.5%

$4,297+92.6%

EMPLOYEE BENEFIT PLAN OF FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL H

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF FIRST STEPS PRE-SCHOOL CENTER, INC. D/B/A LAUREL H

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