Retirement plan

THE PUERTO RICO 401(K) SAVINGS AND PROFIT SHARING PLAN OF MCGRAW-HILL INTERAMERICANA, INC.

Name: MCGRAW-HILL INTERAMERICANA, INC. - THE PUERTO RICO 401(K) SAVINGS AND PROFIT SHARING PLAN OF MCGRAW-HILL INTERAMERICANA, INC. (2018) Form 5500
Creator: MCGRAW-HILL INTERAMERICANA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PUERTO RICO 401(K) SAVINGS AND PROFIT SHARING PLAN OF MCGRAW-HILL INTERAMERICANA, INC., MCGRAW-HILL INTERAMERICANA, INC.

MCGRAW-HILL INTERAMERICANA, INC.EIN 13-3546793Plan #010PY 2018

C/O MCGRAW-HILL ED ATT BENEFITS DEP, 2 PENN PLAZA - NEW YORK, NY 10121646-766-2000

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$829K

-7.1% from 2017

Total participants

-7.1% from 2017

Average account balance

$63,751

+0.1% from 2017

Annual return

-5.34%

-22.75 pp from 2017

Benchmarks

See 8,369 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,369 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.40M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

157.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$35K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G2S2T3C

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

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

$60K

$7455 / participant

Other / not subdivided$60K100.0%

% of EOY assets

7.196%

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

$63,751

$97,020-34.3%

$83,327-23.5%

$135,380-52.9%

Participation rate

100.0%

80.4%+19.6pp

77.8%+22.2pp

82.6%+17.4pp

Annual return

-5.34%

12.31%-17.6pp

10.64%-16.0pp

519.81%-525.1pp

Employer contribution / active EE

$2,349

$4,144-43.3%

$3,379-30.5%

$4,779-50.9%

Participant deferral / active EE

$3,176

$5,964-46.8%

$5,565-42.9%

$5,609-43.4%

Admin fee / account holder

$4,587

$8,426-45.6%

$7,540-39.2%

$10,828-57.6%

THE PUERTO RICO 401(K) SAVINGS AND PROFIT SHARING PLAN OF MCGRAW-HILL INTERAMERICANA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PUERTO RICO 401(K) SAVINGS AND PROFIT SHARING PLAN OF MCGRAW-HILL INTERAMERICANA, INC.

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