Retirement plan

403(B) THRIFT PLAN OF ESCUELA DEL SOL MONTESSORI, INC.

Name: ESCUELA DEL SOL MONTESSORI, INC. - 403(B) THRIFT PLAN OF ESCUELA DEL SOL MONTESSORI, INC. (2022) Form 5500
Creator: ESCUELA DEL SOL MONTESSORI, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF ESCUELA DEL SOL MONTESSORI, INC., ESCUELA DEL SOL MONTESSORI, INC.

ESCUELA DEL SOL MONTESSORI, INC.EIN 23-7088029Plan #003PY 2022

1114 7TH ST NW - ALBUQUERQUE, NM 871022051505-242-3033escueladelsol.orgLinkedIn51-200 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

-22.5% from 2021

Total participants

+6.3% from 2021

Average account balance

$28,736

-28.6% from 2021

Annual return

-7.57%

-32.62 pp from 2021

Benchmarks

See 4,257 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,257 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.80M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

95.2%

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

$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

+10.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5127

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

See the 9-year trajectory. $4.99 for your first month.

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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 codes2F2G2S2T3D

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.
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.
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

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

$361K

$13365 / participant

Other / not subdivided$361K100.0%

% of EOY assets

24.623%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,736

$42,894-33.0%

$60,874-52.8%

$68,494-58.0%

Participation rate

100.0%

66.8%+33.2pp

73.1%+26.9pp

67.9%+32.1pp

Annual return

-7.57%

-13.98%+6.4pp

16.90%-24.5pp

-7.84%+0.3pp

Employer contribution / active EE

$876

$1,978-55.7%

$2,701-67.6%

$2,596-66.2%

Participant deferral / active EE

$1,982

$2,867-30.9%

$3,817-48.1%

$4,027-50.8%

Admin fee / account holder

$7,076

$3,101+128.2%

$3,224+119.4%

$5,403+31.0%

403(B) THRIFT PLAN OF ESCUELA DEL SOL MONTESSORI, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF ESCUELA DEL SOL MONTESSORI, 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