Retirement plan

EASTSIDE PREPARATORY SCHOOL RETIREMENT PLAN (002)

Name: EASTSIDE PREPARATORY SCHOOL - EASTSIDE PREPARATORY SCHOOL RETIREMENT PLAN (002) (2023) 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 2023

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

Other plans on this EIN

1 filing

#001Retirement-$10.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+27.1% from 2022

Total participants

+7.7% from 2022

Average account balance

$45,400

+16.6% from 2022

Annual return

19.19%

+24.37 pp from 2022

Benchmarks

See 4,420 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,420 peers

Snapshot2023

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

$257K

$4429 / participant

Other / not subdivided$257K100.0%

% of EOY assets

7.859%

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

$45,400

$46,599-2.6%

$64,101-29.2%

$75,173-39.6%

Participation rate

79.3%

65.9%+13.4pp

72.3%+7.0pp

67.2%+12.1pp

Annual return

19.19%

26.06%-6.9pp

33.72%-14.5pp

160.72%-141.5pp

Employer contribution / active EE

$2,646

$1,975+34.0%

$2,749-3.7%

$2,671-0.9%

Participant deferral / active EE

$5,299

$2,837+86.8%

$3,881+36.5%

$4,126+28.4%

Admin fee / account holder

$3,568

$2,956+20.7%

$3,070+16.2%

$5,651-36.9%

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