Retirement plan

EMPLOYEE BENEFIT PLAN OF CONSORTIUM FOR EARLY LEARNING SERVICES

Name: CONSORTIUM FOR EARLY LEARNING SERVICES - EMPLOYEE BENEFIT PLAN OF CONSORTIUM FOR EARLY LEARNING SERVICES (2020) Form 5500
Creator: CONSORTIUM FOR EARLY LEARNING SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF CONSORTIUM FOR EARLY LEARNING SERVICES, CONSORTIUM FOR EARLY LEARNING SERVICES

CONSORTIUM FOR EARLY LEARNING SERVICESEIN 33-0265253Plan #001PY 2020

21250 BOX SPRINGS RD STE 111 - MORENO VALLEY, CA 925578707951-778-5003consortiumels.orgLinkedIn11-50 employeesindividual & family services

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$525K

+6.0% from 2019

Total participants

+9.1% from 2019

Average account balance

$47,723

-3.6% from 2019

Annual return

5.98%

-9.42 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$388K

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26K

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

+8.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2544

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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$34K

$4897 / participant

Other / not subdivided$34K100.0%

% of EOY assets

6.529%

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

$47,723

$209,422-77.2%

$178,503-73.3%

$158,982-70.0%

Participation rate

85.7%

86.4%-0.6pp

81.9%+3.8pp

82.0%+3.7pp

Annual return

5.98%

188.81%-182.8pp

151.12%-145.1pp

302.99%-297.0pp

Employer contribution / active EE

$1,180

$5,707-79.3%

$5,011-76.5%

$4,763-75.2%

Participant deferral / active EE

$1,797

$5,955-69.8%

$5,202-65.5%

$5,983-70.0%

Admin fee / account holder

$3,116

$17,079-81.8%

$13,987-77.7%

$11,252-72.3%

EMPLOYEE BENEFIT PLAN OF CONSORTIUM FOR EARLY LEARNING SERVICES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF CONSORTIUM FOR EARLY LEARNING SERVICES

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