Retirement plan

LEE ENTREPRENEURIAL ENTERPRISES, INC. 401(K) PLAN

Name: LEE ENTREPRENEURIAL ENTERPRISES, INC. - LEE ENTREPRENEURIAL ENTERPRISES, INC. 401(K) PLAN (2020) Form 5500
Creator: LEE ENTREPRENEURIAL ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEE ENTREPRENEURIAL ENTERPRISES, INC. 401(K) PLAN, LEE ENTREPRENEURIAL ENTERPRISES, INC.

LEE ENTREPRENEURIAL ENTERPRISES, INC.EIN 55-0796725Plan #001PY 2020

2041 HAROBI DRIVE - TUCKER, GA 30084404-325-3683

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$600K

+36.2% from 2019

Total participants

+11.6% from 2019

Average account balance

$19,341

+27.4% from 2019

Annual return

14.05%

-8.23 pp from 2019

Benchmarks

See 3,929 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,929 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.53M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

114.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

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

+17.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1005

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 codes2E2F2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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).
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.
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

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

Admin total

$6K

$157 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.942%

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

$19,341

$49,249-60.7%

$70,476-72.6%

$79,852-75.8%

Participation rate

52.8%

69.2%-16.4pp

75.1%-22.3pp

69.6%-16.9pp

Annual return

14.05%

30.09%-16.0pp

109.12%-95.1pp

31.72%-17.7pp

Employer contribution / active EE

$709

$2,100-66.2%

$2,738-74.1%

$2,471-71.3%

Participant deferral / active EE

$2,155

$2,769-22.2%

$3,710-41.9%

$3,740-42.4%

Admin fee / account holder

$182

$2,878-93.7%

$3,847-95.3%

$5,306-96.6%

LEE ENTREPRENEURIAL ENTERPRISES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEE ENTREPRENEURIAL ENTERPRISES, INC. 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