Retirement plan

EMPLOYEE RETIREMENT PLAN OF CHILDREN'S DAY SCHOOL INC.

Name: CHILDREN'S DAY SCHOOL, INC. - EMPLOYEE RETIREMENT PLAN OF CHILDREN'S DAY SCHOOL INC. (2018) Form 5500
Creator: CHILDREN'S DAY SCHOOL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE RETIREMENT PLAN OF CHILDREN'S DAY SCHOOL INC., CHILDREN'S DAY SCHOOL, INC.

CHILDREN'S DAY SCHOOL, INC.EIN 22-2618520Plan #001PY 2018

8 RIVERSIDE AVE - RIVERSIDE, CT 06878203-637-1122childrensdayschool.netLinkedIn11-50 employeesprimary/secondary education

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$899K

+11.0% from 2017

Total participants

+34.4% from 2017

Average account balance

$15,506

-15.8% from 2017

Annual return

6.88%

-1.72 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 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)

$23K

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.

113.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5281

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 codes2F2G2L2M2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

2 tripped

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

$88K

$1352 / participant

Other / not subdivided$88K100.0%

% of EOY assets

9.773%

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

$15,506

$75,962-79.6%

$154,111-89.9%

$64,173-75.8%

Participation rate

63.1%

70.4%-7.3pp

83.0%-20.0pp

69.6%-6.5pp

Annual return

6.88%

30.32%-23.4pp

735.18%-728.3pp

7.63%-0.8pp

Employer contribution / active EE

$515

$3,350-84.6%

$5,298-90.3%

$2,381-78.4%

Participant deferral / active EE

$1,249

$3,175-60.7%

$5,081-75.4%

$3,470-64.0%

Admin fee / account holder

$1,515

$5,589-72.9%

$13,411-88.7%

$4,887-69.0%

EMPLOYEE RETIREMENT PLAN OF CHILDREN'S DAY SCHOOL INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE RETIREMENT PLAN OF CHILDREN'S DAY SCHOOL 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