Retirement plan

EDUCATIONAL OPPORTUNITIES TOURS, INC. 401K PLAN

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

EDUCATIONAL OPPORTUNITIES TOURS, INC.EIN 59-3329435Plan #002PY 2020

5725 IMPERIAL LAKES BOULEVARD - LAKELAND, FL 33807863-644-2456travelwithus.comLinkedIn51-200 employeesleisure, travel & tourism

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.2M

+12.6% from 2019

Total participants

113

-0.9% from 2019

Average account balance

$41,202

+22.4% from 2019

Annual return

13.87%

-3.95 pp from 2019

Benchmarks

See 9,207 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,207 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.46M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

102

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.

154.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$298K

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

+11.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2735

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 codes2E2F2G2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$289K

$4453 / participant

Other / not subdivided$289K100.0%

% of EOY assets

6.820%

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

$41,202

$91,559-55.0%

$133,978-69.2%

$79,856-48.4%

Participation rate

84.6%

73.3%+11.3pp

79.8%+4.8pp

69.6%+15.0pp

Annual return

13.87%

61.85%-48.0pp

45.10%-31.2pp

31.71%-17.8pp

Employer contribution / active EE

$1,539

$2,384-35.5%

$3,919-60.7%

$2,471-37.7%

Participant deferral / active EE

$1,705

$3,734-54.3%

$5,047-66.2%

$3,741-54.4%

Admin fee / account holder

$2,810

$6,321-55.5%

$8,930-68.5%

$5,306-47.0%

EDUCATIONAL OPPORTUNITIES TOURS, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDUCATIONAL OPPORTUNITIES TOURS, INC. 401K 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