Retirement plan

LONDON ACHIEVEMENT PROCESSES, LLC 401(K) PLAN

Name: LONDON ACHIEVEMENT PROCESSES, LLC - LONDON ACHIEVEMENT PROCESSES, LLC 401(K) PLAN (2024) Form 5500
Creator: LONDON ACHIEVEMENT PROCESSES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LONDON ACHIEVEMENT PROCESSES, LLC 401(K) PLAN, LONDON ACHIEVEMENT PROCESSES, LLC

LONDON ACHIEVEMENT PROCESSES, LLCEIN 36-4620913Plan #001PY 2024

5582 NE 4TH COURT, SUITE 5 - MIAMI, FL 33137786-223-7414LinkedIn1-10 employees

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$107K

+2.5% from 2023

Total participants

+33.3% from 2023

Average account balance

$17,816

+2.5% from 2023

Annual return

2.46%

+1.18 pp from 2023

Benchmarks

See 8,041 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort8,041 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$107K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$17,816

$72,465-75.4%

$67,575-73.6%

$145,884-87.8%

Participation rate

66.7%

76.9%-10.2pp

72.9%-6.2pp

80.3%-13.6pp

Annual return

2.46%

7222.56%-7220.1pp

3528.98%-3526.5pp

551.85%-549.4pp

Employer contribution / active EE

$3,074-100.0%

$2,736-100.0%

$4,662-100.0%

Participant deferral / active EE

$4,786-100.0%

$4,003-100.0%

$6,690-100.0%

Admin fee / account holder

$5,515-100.0%

$3,993-100.0%

$13,392-100.0%

LONDON ACHIEVEMENT PROCESSES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LONDON ACHIEVEMENT PROCESSES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion