Retirement plan

PSR VOCATIONAL TRAINING CENTERS

Name: P. STEVE RAMIREZ VOCATIONAL TRAINING CENTERS - PSR VOCATIONAL TRAINING CENTERS (2023) 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 2023

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

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$195K

-4.7% from 2022

Total participants

-8.3% from 2022

Average account balance

-100.0% from 2022

Annual return

-29.31%

+2.86 pp from 2022

Benchmarks

See 7,486 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort7,486 peers

Snapshot2023

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

$69,248-100.0%

$64,101-100.0%

$139,466-100.0%

Participation rate

0.0%

75.6%-75.6pp

72.3%-72.3pp

80.3%-80.3pp

Annual return

-29.31%

45.95%-75.3pp

33.72%-63.0pp

373.66%-403.0pp

Employer contribution / active EE

$1,324

$3,185-58.4%

$2,749-51.8%

$4,754-72.1%

Participant deferral / active EE

$4,282

$4,682-8.6%

$3,881+10.3%

$6,712-36.2%

Admin fee / account holder

$4,247-100.0%

$3,070-100.0%

$11,409-100.0%

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