Retirement plan

UNIVERSAL ACADEMY OF FLORIDA I 401(K) PROFIT SHARING PLAN & TRUST

Name: UNIVERSAL ACADEMY OF FLORIDA I - UNIVERSAL ACADEMY OF FLORIDA I 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: UNIVERSAL ACADEMY OF FLORIDA I
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSAL ACADEMY OF FLORIDA I 401(K) PROFIT SHARING PLAN & TRUST, UNIVERSAL ACADEMY OF FLORIDA I

UNIVERSAL ACADEMY OF FLORIDA IEIN 59-3119396Plan #001PY 2024

6801 ORIENT RD - TAMPA, FL 336109445813-664-0695

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1M

+13.7% from 2023

Total participants

100

-2.0% from 2023

Average account balance

$10,491

+14.8% from 2023

Annual return

15.44%

-2.18 pp from 2023

Benchmarks

See 4,462 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,462 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.05M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

100

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.

123.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$178K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2023

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 codes2E2F2G2J2T3D

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).
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$202K

$2497 / participant

Other / not subdivided$202K100.0%

% of EOY assets

19.280%

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

$10,491

$48,337-78.3%

$67,560-84.5%

$80,959-87.0%

Participation rate

100.0%

66.4%+33.6pp

72.9%+27.1pp

67.7%+32.3pp

Annual return

15.44%

18.26%-2.8pp

3533.50%-3518.1pp

35.67%-20.2pp

Employer contribution / active EE

$937

$2,023-53.7%

$2,737-65.8%

$2,757-66.0%

Participant deferral / active EE

$1,261

$2,928-56.9%

$4,004-68.5%

$4,300-70.7%

Admin fee / account holder

$2,023

$3,695-45.3%

$3,994-49.4%

$6,925-70.8%

UNIVERSAL ACADEMY OF FLORIDA I 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSAL ACADEMY OF FLORIDA I 401(K) PROFIT SHARING PLAN & TRUST

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