Retirement plan

EMPLOYEE BENEFIT PLAN OF HELIOS NEW SCHOOL, INC.

Name: HELIOS NEW SCHOOL, INC. - EMPLOYEE BENEFIT PLAN OF HELIOS NEW SCHOOL, INC. (2020) Form 5500
Creator: HELIOS NEW SCHOOL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF HELIOS NEW SCHOOL, INC., HELIOS NEW SCHOOL, INC.

HELIOS NEW SCHOOL, INC.EIN 26-0753386Plan #001PY 2020

597 CENTRAL AVE - SUNNYVALE, CA 940866336650-223-8690heliosns.orgLinkedIn11-50 employeesprimary/secondary education

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

+54.8% from 2019

Total participants

-3.3% from 2019

Average account balance

$36,740

+21.8% from 2019

Annual return

26096.39%

+26070.57 pp from 2019

Benchmarks

See 8,772 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,772 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.69M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

176.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$309K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1581

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 codes2F2G2T3D

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.
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

$286K

$5505 / participant

Other / not subdivided$286K100.0%

% of EOY assets

16.578%

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

$36,740

$60,119-38.9%

$90,430-59.4%

$79,858-54.0%

Participation rate

78.8%

65.0%+13.9pp

72.7%+6.2pp

69.6%+9.2pp

Annual return

26096.39%

71.94%+26024.5pp

1293.73%+24802.7pp

31.72%+26064.7pp

Employer contribution / active EE

$864

$2,068-58.2%

$3,262-73.5%

$2,471-65.0%

Participant deferral / active EE

$4,591

$2,938+56.3%

$3,963+15.9%

$3,740+22.7%

Admin fee / account holder

$6,091

$3,976+53.2%

$5,613+8.5%

$5,306+14.8%

EMPLOYEE BENEFIT PLAN OF HELIOS NEW SCHOOL, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF HELIOS NEW 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