Retirement plan

DAYS OF DISCOVERY CASH BALANCE PLAN

Name: DAYS OF DISCOVERY, INC. - DAYS OF DISCOVERY CASH BALANCE PLAN (2024) Form 5500
Creator: DAYS OF DISCOVERY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAYS OF DISCOVERY CASH BALANCE PLAN, DAYS OF DISCOVERY, INC.

DAYS OF DISCOVERY, INC.EIN 46-1293991Plan #002PY 2024

575 CHURCH STREET - NEW BEDFORD, MA 02745508-998-9567

Other plans on this EIN

1 filing

#001Retirement-$2.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$672K

+65.2% from 2023

Total participants

-12.5% from 2023

Average account balance

No prior year

Annual return

9.79%

+3.97 pp from 2023

Benchmarks

See 44 peers

Peer group

Industry61 - Educational Services

Plan typeDefined benefit

Participants25-99

Cohort44 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$672K

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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

$225K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.79%

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

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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.

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1C3H3D

Plan features

1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$168 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.699%

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

$51,275-100.0%

$250,061-100.0%

$52,198-100.0%

Participation rate

0.0%

44.4%-44.4pp

46.0%-46.0pp

11.0%-11.0pp

Annual return

9.79%

8.93%+0.9pp

7.82%+2.0pp

8.21%+1.6pp

Employer contribution / active EE

$8,050

$10,201-21.1%

$31,823-74.7%

$13,841-41.8%

Participant deferral / active EE

$958-100.0%

$365-100.0%

$62-100.0%

Admin fee / account holder

$2,259-100.0%

$18,503-100.0%

$1,652-100.0%

DAYS OF DISCOVERY CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAYS OF DISCOVERY CASH BALANCE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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