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 (2019) 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 2019

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

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.7M

+7.2% from 2018

Total participants

-2.6% from 2018

Average account balance

$45,895

+10.0% from 2018

Annual return

3.00%

-4.19 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$116K

$3147 / participant

Other / not subdivided$116K100.0%

% of EOY assets

6.857%

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

$45,895

$85,171-46.1%

$172,752-73.4%

$72,975-37.1%

Participation rate

100.0%

70.1%+29.9pp

82.6%+17.4pp

69.5%+30.5pp

Annual return

3.00%

27.32%-24.3pp

802.97%-800.0pp

81.01%-78.0pp

Employer contribution / active EE

$3,178

$3,324-4.4%

$5,144-38.2%

$2,440+30.2%

Participant deferral / active EE

$1,613

$3,260-50.5%

$5,198-69.0%

$3,608-55.3%

Admin fee / account holder

$3,147

$5,880-46.5%

$13,955-77.4%

$5,124-38.6%

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