Retirement plan

RAINBOW CHILDHOOD DEV. CENTER RETIREMENT PLAN

Name: RAINBOW CHILDHOOD DEVELOPMENT CENTER - RAINBOW CHILDHOOD DEV. CENTER RETIREMENT PLAN (2023) Form 5500
Creator: RAINBOW CHILDHOOD DEVELOPMENT CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RAINBOW CHILDHOOD DEV. CENTER RETIREMENT PLAN, RAINBOW CHILDHOOD DEVELOPMENT CENTER

RAINBOW CHILDHOOD DEVELOPMENT CENTEREIN 46-5029043Plan #001PY 2023

227 S. MAIN ST. - MILPITAS, CA 95035408-781-8428

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$46K

+156.3% from 2022

Total participants

+100.0% from 2022

Average account balance

$9,158

+105.1% from 2022

Annual return

14.81%

+14.81 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

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.87%

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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

$9,158

$69,248-86.8%

$64,101-85.7%

$139,466-93.4%

Participation rate

40.0%

75.6%-35.6pp

72.3%-32.3pp

80.3%-40.3pp

Annual return

14.81%

45.95%-31.1pp

33.72%-18.9pp

373.66%-358.9pp

Employer contribution / active EE

$1,492

$3,185-53.1%

$2,749-45.7%

$4,754-68.6%

Participant deferral / active EE

$3,564

$4,682-23.9%

$3,881-8.2%

$6,712-46.9%

Admin fee / account holder

-$307

$4,247-107.2%

$3,070-110.0%

$11,409-102.7%

RAINBOW CHILDHOOD DEV. CENTER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RAINBOW CHILDHOOD DEV. CENTER RETIREMENT 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