Retirement plan

403(B) THRIFT PLAN OF NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC.

Name: NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC. - 403(B) THRIFT PLAN OF NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC. (2021) Form 5500
Creator: NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC., NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC.

NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC.EIN 39-1031440Plan #001PY 2021

N4W22000 BLUEMOUND RD - WAUKESHA, WI 531862700262-548-8080LinkedIn11-50 employees

Prospect flagsHigh feesLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$599K

+22.1% from 2020

Total participants

+194.4% from 2020

Average account balance

$11,525

-57.7% from 2020

Annual return

14.77%

+3.60 pp from 2020

Benchmarks

See 18,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,805 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.64M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

123.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$269K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1327

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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$32K

$706 / participant

Other / not subdivided$32K100.0%

% of EOY assets

5.304%

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

$11,525

$95,406-87.9%

$185,849-93.8%

$85,847-86.6%

Participation rate

97.8%

68.8%+29.0pp

81.7%+16.1pp

69.3%+28.5pp

Annual return

14.77%

23.59%-8.8pp

122.10%-107.3pp

318.61%-303.8pp

Employer contribution / active EE

$640

$3,314-80.7%

$5,169-87.6%

$2,565-75.0%

Participant deferral / active EE

$860

$3,424-74.9%

$5,569-84.6%

$3,952-78.3%

Admin fee / account holder

$611

$7,214-91.5%

$16,244-96.2%

$6,261-90.2%

403(B) THRIFT PLAN OF NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF NATIONAL CENTERS FOR LEARNING EXCELLENCE, INC.

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