Retirement plan

ECHO SPRINGS 401(K) PLAN

Name: ECHO SPRINGS, INC. - ECHO SPRINGS 401(K) PLAN (2022) Form 5500
Creator: ECHO SPRINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ECHO SPRINGS 401(K) PLAN, ECHO SPRINGS, INC.

ECHO SPRINGS, INC.EIN 46-5007236Plan #001PY 2022

672 HOPKINS RD - SANDPOINT, ID 83864208-267-1111LinkedIn11-50 employeese-learning

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1M

-0.9% from 2021

Total participants

+9.4% from 2021

Average account balance

$28,814

-9.4% from 2021

Annual return

-17.69%

-31.51 pp from 2021

Benchmarks

See 4,251 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,251 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.32M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

288.2%

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

$4K

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

+12.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1855

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$9K

$355 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.879%

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

$28,814

$42,909-32.8%

$60,906-52.7%

$68,486-57.9%

Participation rate

100.0%

66.8%+33.2pp

73.1%+26.9pp

67.9%+32.1pp

Annual return

-17.69%

-13.99%-3.7pp

16.94%-34.6pp

-7.85%-9.8pp

Employer contribution / active EE

$1,830

$1,979-7.5%

$2,703-32.3%

$2,597-29.5%

Participant deferral / active EE

$5,002

$2,866+74.5%

$3,814+31.1%

$4,028+24.2%

Admin fee / account holder

$253

$3,104-91.8%

$3,227-92.2%

$5,404-95.3%

ECHO SPRINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ECHO SPRINGS 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