Retirement plan

EARLY LEARNING COALITION OF THE NATURE COAST 403(B) PLAN

Name: EARLY LEARNING COALITION OF THE NATURE - EARLY LEARNING COALITION OF THE NATURE COAST 403(B) PLAN (2018) Form 5500
Creator: EARLY LEARNING COALITION OF THE NATURE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EARLY LEARNING COALITION OF THE NATURE COAST 403(B) PLAN, EARLY LEARNING COALITION OF THE NATURE

EARLY LEARNING COALITION OF THE NATUREEIN 59-3736503Plan #001PY 2018

382 N SUNCOAST BLVD - CRYSTAL RIVER, FL 34429352-563-9939elc-naturecoast.orgLinkedIn1-10 employees

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+7.4% from 2017

Total participants

-9.5% from 2017

Average account balance

$41,704

+18.7% from 2017

Annual return

7.18%

-4.97 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.29M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$296K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+9.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1207

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 codes2G2L

Plan features

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.

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

$152K

$4003 / participant

Other / not subdivided$152K100.0%

% of EOY assets

9.599%

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

$41,704

$75,962-45.1%

$154,108-72.9%

$64,173-35.0%

Participation rate

100.0%

70.4%+29.6pp

83.0%+17.0pp

69.6%+30.4pp

Annual return

7.18%

30.32%-23.1pp

735.21%-728.0pp

7.63%-0.5pp

Employer contribution / active EE

$2,568

$3,350-23.3%

$5,298-51.5%

$2,381+7.9%

Participant deferral / active EE

$1,367

$3,175-56.9%

$5,081-73.1%

$3,470-60.6%

Admin fee / account holder

$4,003

$5,589-28.4%

$13,411-70.1%

$4,887-18.1%

EARLY LEARNING COALITION OF THE NATURE COAST 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EARLY LEARNING COALITION OF THE NATURE COAST 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