Retirement plan

YOUTHBUILD DC PUBLIC CHARTER SCHOOL, INC. 401(K) PLAN

Name: YOUTHBUILD DC PUBLIC CHARTER SCHOOL INC. - YOUTHBUILD DC PUBLIC CHARTER SCHOOL, INC. 401(K) PLAN (2021) Form 5500
Creator: YOUTHBUILD DC PUBLIC CHARTER SCHOOL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YOUTHBUILD DC PUBLIC CHARTER SCHOOL, INC. 401(K) PLAN, YOUTHBUILD DC PUBLIC CHARTER SCHOOL INC.

YOUTHBUILD DC PUBLIC CHARTER SCHOOL INC.EIN 20-1818541Plan #001PY 2021

3220 16TH STREET, NW - WASHINGTON, DC 20010202-319-0141youthbuildpcs.orgLinkedIn11-50 employeeseducation management

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$873K

+25.7% from 2020

Total participants

+4.3% from 2020

Average account balance

$48,482

+4.7% from 2020

Annual return

12.94%

-1.40 pp from 2020

Benchmarks

See 6,471 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,471 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.06M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

84.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$85K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3812

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 codes2E2F2G2J3D

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.
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

$21

$1 / participant

Other / not subdivided$21100.0%

% of EOY assets

0.002%

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

$48,482

$84,708-42.8%

$75,714-36.0%

$167,536-71.1%

Participation rate

68.4%

77.8%-9.4pp

74.8%-6.4pp

82.1%-13.7pp

Annual return

12.94%

199.62%-186.7pp

104.62%-91.7pp

478.82%-465.9pp

Employer contribution / active EE

$1,722

$3,231-46.7%

$2,744-37.2%

$4,839-64.4%

Participant deferral / active EE

$2,931

$4,577-36.0%

$3,820-23.3%

$6,342-53.8%

Admin fee / account holder

$5,358-100.0%

$3,619-100.0%

$12,315-100.0%

YOUTHBUILD DC PUBLIC CHARTER SCHOOL, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YOUTHBUILD DC PUBLIC CHARTER SCHOOL, INC. 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