Retirement plan

WONDERS EARLY LEARNING AND EXTENDED DAY 403(B) PLAN

Name: WONDERS EARLY LEARNING EXTENDED DAY - WONDERS EARLY LEARNING AND EXTENDED DAY 403(B) PLAN (2024) Form 5500
Creator: WONDERS EARLY LEARNING EXTENDED DAY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WONDERS EARLY LEARNING AND EXTENDED DAY 403(B) PLAN, WONDERS EARLY LEARNING EXTENDED DAY

WONDERS EARLY LEARNING EXTENDED DAYEIN 52-1055687Plan #001PY 2024

5272 RIVER RD SUITE 530 - BETHESDA, MD 20816301-654-5339wonderslearning.orgLinkedIn51-200 employeeseducation management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.7M

+15.3% from 2023

Total participants

0.0% from 2023

Average account balance

$29,085

+23.1% from 2023

Annual return

11.22%

-3.65 pp from 2023

Benchmarks

See 21,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

196.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$138K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1314

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 codes2F2G2L3D

Plan features

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).
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$78K

$2584 / participant

Other / not subdivided$78K100.0%

% of EOY assets

4.517%

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

$29,085

$81,331-64.2%

$155,534-81.3%

$80,935-64.1%

Participation rate

86.7%

66.3%+20.4pp

78.2%+8.4pp

67.7%+19.0pp

Annual return

11.22%

33.37%-22.1pp

64.92%-53.7pp

35.66%-24.4pp

Employer contribution / active EE

$2,069

$3,105-33.4%

$4,675-55.7%

$2,757-24.9%

Participant deferral / active EE

$2,547

$3,454-26.3%

$5,630-54.8%

$4,299-40.8%

Admin fee / account holder

$1,314

$7,999-83.6%

$15,900-91.7%

$6,924-81.0%

WONDERS EARLY LEARNING AND EXTENDED DAY 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WONDERS EARLY LEARNING AND EXTENDED DAY 403(B) 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