Retirement plan

GRIMM FAMILY EDUCATION FOUNDATION 403(B) PLAN

Name: GRIMM FAMILY EDUCATION FOUNDATION - GRIMM FAMILY EDUCATION FOUNDATION 403(B) PLAN (2020) Form 5500
Creator: GRIMM FAMILY EDUCATION FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRIMM FAMILY EDUCATION FOUNDATION 403(B) PLAN, GRIMM FAMILY EDUCATION FOUNDATION

GRIMM FAMILY EDUCATION FOUNDATIONEIN 27-3194151Plan #001PY 2020

5151 N. PALM AVENUE, SUITE 920 - FRESNO, CA 93704559-224-7656grimmeducation.orgLinkedIn51-200 employeeseducation management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$490K

+34.1% from 2018

Total participants

0.0% from 2018

Average account balance

$25,785

+20.0% from 2018

Annual return

6.67%

-9.26 pp from 2018

Benchmarks

See 6,194 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,194 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$371K

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55K

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

+15.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2668

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 codes2K2L3D

Plan features

2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$4K

$386 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.866%

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

$25,785

$81,696-68.4%

$70,494-63.4%

$158,982-83.8%

Participation rate

100.0%

77.7%+22.3pp

75.1%+24.9pp

82.0%+18.0pp

Annual return

6.67%

208.70%-202.0pp

109.16%-102.5pp

302.99%-296.3pp

Employer contribution / active EE

$2,099

$3,220-34.8%

$2,738-23.3%

$4,763-55.9%

Participant deferral / active EE

$5,023

$4,558+10.2%

$3,711+35.4%

$5,983-16.0%

Admin fee / account holder

$223

$6,200-96.4%

$3,848-94.2%

$11,252-98.0%

GRIMM FAMILY EDUCATION FOUNDATION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRIMM FAMILY EDUCATION FOUNDATION 403(B) 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