Retirement plan

STRADA EDUCATION NETWORK, INC. SAVINGS INVESTMENT PLAN

Name: STRADA EDUCATION NETWORK, INC. - STRADA EDUCATION NETWORK, INC. SAVINGS INVESTMENT PLAN (2017) Form 5500
Creator: STRADA EDUCATION NETWORK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRADA EDUCATION NETWORK, INC. SAVINGS INVESTMENT PLAN, STRADA EDUCATION NETWORK, INC.

STRADA EDUCATION NETWORK, INC.EIN 47-3044430Plan #001PY 2017

9998 CROSSPOINT BLVD STE 400 - INDIANAPOLIS, IN 462563323317-806-1231strada.orgLinkedIn501-1000 employeeshigher education

Other plans on this EIN

1 filing

#002Retirement-$9.8M assets

Prospect flagsFailed to provide benefit

How to read this page

Total assets (EOY)

$30.3M

No prior year

Total participants

204

No prior year

Average account balance

$154,812

No prior year

Annual return

17.58%

No prior year

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$87.76M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

876

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.

44.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-33

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
PROCOURSE FIDUCIARY ADVISORS, LLC1+ years Service code 27 · EIN 45-5291215	Advisory (Plan)	$14,000
DELOITTE & TOUCHE LLP1+ years Service code 10 · EIN 13-3891517	Accounting	$10,000
STRATEGIC ADVISORS, INC.1+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$6,090
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	-$15,193

Plan features & details

Pension benefit codes2E2G2J2T

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.
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.

Opportunity flags

1 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$15K

$110 / participant

Investment mgmt$6K40.9%
Other / not subdivided$9K59.1%

% of EOY assets

0.049%

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: DELOITTE & TOUCHE, LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$154,812

$57,976+167.0%

$63,018+145.7%

$62,293+148.5%

Participation rate

94.1%

75.9%+18.1pp

74.8%+19.3pp

69.5%+24.6pp

Annual return

17.58%

17.54%0pp

87.62%-70.0pp

28.90%-11.3pp

Employer contribution / active EE

$5,368

$2,415+122.3%

$2,761+94.4%

$2,042+162.8%

Participant deferral / active EE

$9,045

$2,956+206.0%

$3,330+171.7%

$3,169+185.4%

Admin fee / account holder

$76

$276-72.4%

$3,601-97.9%

$479-84.1%

Provider

Service type

Compensation

PROCOURSE FIDUCIARY ADVISORS, LLC1+ years

Service code 27 · EIN 45-5291215

Advisory (Plan)

$14,000

DELOITTE & TOUCHE LLP1+ years

Service code 10 · EIN 13-3891517

Accounting

$10,000

STRATEGIC ADVISORS, INC.1+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$6,090

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$15,193

STRADA EDUCATION NETWORK, INC. SAVINGS INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRADA EDUCATION NETWORK, INC. SAVINGS INVESTMENT 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