Retirement plan

COURSERA 401(K) PLAN

Name: COURSERA INC. - COURSERA 401(K) PLAN (2017) Form 5500
Creator: COURSERA INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COURSERA 401(K) PLAN, COURSERA INC.

COURSERA INC.EIN 45-3560292Plan #001PY 2017

381 EAST EVELYN AVENUE - MOUNTAIN VIEW, CA 94041650-897-4556LinkedIn201-500 employeese-learning

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.9M

+86.4% from 2016

Total participants

318

+18.2% from 2016

Average account balance

$31,768

+35.3% from 2016

Annual return

34.75%

+20.64 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$72.39M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

1,003

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+19.45%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
EDWARD JONES2 years Service code 27 12555 MANCHESTER RD · ST LOUIS, MO 63131	Advisory (Plan)	$8,017
FARMER & BETTS1 year Filed as: FARMER BETTS Service code 13 · EIN 94-3322438 6050 20TH ST E · FIFE, WA 984242038	Contract Administrator	$2,009
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 64 · EIN 95-1411037 COMPANY, INC. · LOS ANGELES, CA 90071	Recordkeeping Fees	$475
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: NA NA Service code 13 10933 TRADE CENTER DR STE 100 · RANCHO CORDOVA, CA 956706181	Contract Administrator	$339

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$11K

$40 / participant

Investment mgmt$2K23.6%
Other / not subdivided$8K76.4%

% of EOY assets

0.178%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SILICON VALLEY ACCOUNTANCY CORP
Auditor EIN: 770573994
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,768

$155,795-79.6%

$136,298-76.7%

$69,631-54.4%

Participation rate

50.0%

75.2%-25.2pp

81.9%-31.9pp

70.7%-20.7pp

Annual return

34.75%

232464.33%-232429.6pp

5156.27%-5121.5pp

27571.02%-27536.3pp

Employer contribution / active EE

$2,991-100.0%

$4,696-100.0%

$2,032-100.0%

Participant deferral / active EE

$8,238

$5,394+52.7%

$6,247+31.9%

$3,224+155.5%

Admin fee / account holder

$56

$128-56.0%

$9,244-99.4%

$110-48.9%

Provider

Service type

Compensation

EDWARD JONES2 years

Service code 27

12555 MANCHESTER RD · ST LOUIS, MO 63131

Advisory (Plan)

$8,017

FARMER & BETTS1 year

Filed as: FARMER BETTS

Service code 13 · EIN 94-3322438

6050 20TH ST E · FIFE, WA 984242038

Contract Administrator

$2,009

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 64 · EIN 95-1411037

COMPANY, INC. · LOS ANGELES, CA 90071

Recordkeeping Fees

$475

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: NA NA

Service code 13

10933 TRADE CENTER DR STE 100 · RANCHO CORDOVA, CA 956706181

Contract Administrator

$339

COURSERA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COURSERA 401(K) PLAN

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