Retirement plan

EASTSIDE PREPARATORY SCHOOL RETIREMENT PLAN (002)

Name: EASTSIDE PREPARATORY SCHOOL - EASTSIDE PREPARATORY SCHOOL RETIREMENT PLAN (002) (2022) Form 5500
Creator: EASTSIDE PREPARATORY SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EASTSIDE PREPARATORY SCHOOL RETIREMENT PLAN (002), EASTSIDE PREPARATORY SCHOOL

EASTSIDE PREPARATORY SCHOOLEIN 37-1430960Plan #002PY 2022

10613 NE 38TH PLACE - KIRKLAND, WA 98033425-822-5668eastsideprep.orgLinkedIn51-200 employeesprimary/secondary education

Other plans on this EIN

1 filing

#001Retirement-$8.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+8.3% from 2021

Total participants

+11.4% from 2021

Average account balance

$38,953

+0.1% from 2021

Annual return

-5.18%

-40.15 pp from 2021

Benchmarks

See 4,251 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,251 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.34M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$626K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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 codes2F2G2J2L3D

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.
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.
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

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

$84K

$1790 / participant

Other / not subdivided$84K100.0%

% of EOY assets

3.273%

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

$38,953

$42,909-9.2%

$60,906-36.0%

$68,486-43.1%

Participation rate

74.5%

66.8%+7.7pp

73.1%+1.4pp

67.9%+6.6pp

Annual return

-5.18%

-13.99%+8.8pp

16.94%-22.1pp

-7.85%+2.7pp

Employer contribution / active EE

$2,677

$1,979+35.3%

$2,703-1.0%

$2,597+3.1%

Participant deferral / active EE

$5,889

$2,866+105.5%

$3,814+54.4%

$4,028+46.2%

Admin fee / account holder

$1,275

$3,104-58.9%

$3,227-60.5%

$5,404-76.4%

EASTSIDE PREPARATORY SCHOOL RETIREMENT PLAN (002)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EASTSIDE PREPARATORY SCHOOL RETIREMENT PLAN (002)

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