Retirement plan

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

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 HILL SCHOOL (2019) 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 HILL SCHOOL, 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 2019

201 OLD TOWN RD - EAST SETAUKET, NY 117332670631-751-1154

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.5M

+31.7% from 2018

Total participants

+46.2% from 2018

Average account balance

$61,243

-8.0% from 2018

Annual return

28.99%

+35.69 pp from 2018

Benchmarks

See 3,902 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,902 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.14M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

71.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$135

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

+14.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23670

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 codes2F2G2T

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.
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.

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

$31K

$540 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.689%

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

$61,243

$45,079+35.9%

$69,461-11.8%

$72,983-16.1%

Participation rate

94.7%

68.5%+26.2pp

74.6%+20.1pp

69.5%+25.2pp

Annual return

28.99%

22.65%+6.3pp

28.97%0pp

81.01%-52.0pp

Employer contribution / active EE

$524

$2,055-74.5%

$2,779-81.1%

$2,440-78.5%

Participant deferral / active EE

$1,640

$2,603-37.0%

$3,536-53.6%

$3,608-54.5%

Admin fee / account holder

$422

$3,056-86.2%

$3,840-89.0%

$5,124-91.8%

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

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 HILL SCHOOL

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