Retirement plan

NORTH CAROLINA EARLY CHILDHOOD FOUNDATION RETIREMENT PLAN

Name: NORTH CAROLINA EARLY CHILDHOOD FOUNDATION - NORTH CAROLINA EARLY CHILDHOOD FOUNDATION RETIREMENT PLAN (2017) Form 5500
Creator: NORTH CAROLINA EARLY CHILDHOOD FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH CAROLINA EARLY CHILDHOOD FOUNDATION RETIREMENT PLAN, NORTH CAROLINA EARLY CHILDHOOD FOUNDATION

NORTH CAROLINA EARLY CHILDHOOD FOUNDATIONEIN 45-3971534Plan #001PY 2017

907 GLENWOOD AVENUE - RALEIGH, NC 27605919-987-1370buildthefoundation.orgLinkedIn1-10 employeespublic policy

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$332K

+49.8% from 2016

Total participants

+33.3% from 2016

Average account balance

$41,535

-6.3% from 2016

Annual return

25.37%

+17.41 pp from 2016

Benchmarks

See 5,617 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,617 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$938K

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

157.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1274

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 codes2E2F2J2T3D

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).
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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$41,535

$73,518-43.5%

$63,003-34.1%

$147,585-71.9%

Participation rate

100.0%

77.9%+22.1pp

74.8%+25.2pp

82.8%+17.2pp

Annual return

25.37%

175.46%-150.1pp

87.59%-62.2pp

578.57%-553.2pp

Employer contribution / active EE

$4,022

$3,322+21.1%

$2,760+45.7%

$4,876-17.5%

Participant deferral / active EE

$6,833

$4,183+63.3%

$3,329+105.2%

$5,439+25.6%

Admin fee / account holder

$5,952-100.0%

$3,600-100.0%

$10,885-100.0%

NORTH CAROLINA EARLY CHILDHOOD FOUNDATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NORTH CAROLINA EARLY CHILDHOOD FOUNDATION RETIREMENT PLAN

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