Retirement plan

PSR VOCATIONAL TRAINING CENTERS

Name: P. STEVE RAMIREZ VOCATIONAL TRAINING CENTERS - PSR VOCATIONAL TRAINING CENTERS (2024) Form 5500
Creator: P. STEVE RAMIREZ VOCATIONAL TRAINING CENTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PSR VOCATIONAL TRAINING CENTERS, P. STEVE RAMIREZ VOCATIONAL TRAINING CENTERS

P. STEVE RAMIREZ VOCATIONAL TRAINING CENTERSEIN 45-2423269Plan #006PY 2024

1300 W. SHAW AVE., STE. 1A - FRESNO, CA 93711866-478-0609

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$179K

-8.3% from 2023

Total participants

+72.7% from 2023

Average account balance

No prior year

Annual return

-42.00%

-12.69 pp from 2023

Benchmarks

See 8,071 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort8,071 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$179K

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

-42.00%

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 codes2E2J2F2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$72,396-100.0%

$67,511-100.0%

$145,959-100.0%

Participation rate

0.0%

76.9%-76.9pp

72.9%-72.9pp

80.3%-80.3pp

Annual return

-42.00%

7194.07%-7236.1pp

3517.41%-3559.4pp

561.95%-604.0pp

Employer contribution / active EE

$2,831

$3,071-7.8%

$2,733+3.6%

$4,661-39.3%

Participant deferral / active EE

$6,562

$4,781+37.2%

$4,000+64.0%

$6,689-1.9%

Admin fee / account holder

$5,538-100.0%

$3,999-100.0%

$13,398-100.0%

PSR VOCATIONAL TRAINING CENTERS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PSR VOCATIONAL TRAINING CENTERS

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