Retirement plan

EMPLOYEE BENEFIT PLAN OF WESTSIDE INFANT-FAMILY NETWORK

Name: WESTSIDE INFANT-FAMILY NETWORK - EMPLOYEE BENEFIT PLAN OF WESTSIDE INFANT-FAMILY NETWORK (2021) Form 5500
Creator: WESTSIDE INFANT-FAMILY NETWORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF WESTSIDE INFANT-FAMILY NETWORK, WESTSIDE INFANT-FAMILY NETWORK

WESTSIDE INFANT-FAMILY NETWORKEIN 27-4018980Plan #001PY 2021

3701 STOCKER ST STE 204 - VIEW PARK, CA 900085144310-846-4100

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$830K

-9.4% from 2020

Total participants

-19.7% from 2020

Average account balance

$19,771

-28.8% from 2020

Annual return

13.68%

-9.39 pp from 2020

Benchmarks

See 8,923 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,923 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.26M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

97.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2095

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$411K

$15790 / participant

Other / not subdivided$411K100.0%

% of EOY assets

49.440%

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

$19,771

$65,423-69.8%

$98,477-79.9%

$85,856-77.0%

Participation rate

73.1%

65.0%+8.1pp

73.3%-0.3pp

69.3%+3.8pp

Annual return

13.68%

21.76%-8.1pp

1493.59%-1479.9pp

318.58%-304.9pp

Employer contribution / active EE

$2,488

$2,168+14.7%

$2,961-16.0%

$2,565-3.0%

Participant deferral / active EE

$5,156

$3,167+62.8%

$4,276+20.6%

$3,952+30.5%

Admin fee / account holder

$9,775

$4,594+112.8%

$5,951+64.3%

$6,261+56.1%

EMPLOYEE BENEFIT PLAN OF WESTSIDE INFANT-FAMILY NETWORK

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF WESTSIDE INFANT-FAMILY NETWORK

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