Retirement plan

403(B) THRIFT PLAN OF VISUALLY IMPAIRED PRESCHOOL SERVICES, INC.

Name: VISUALLY IMPAIRED PRESCHOOL SERVICES, INC. - 403(B) THRIFT PLAN OF VISUALLY IMPAIRED PRESCHOOL SERVICES, INC. (2020) Form 5500
Creator: VISUALLY IMPAIRED PRESCHOOL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF VISUALLY IMPAIRED PRESCHOOL SERVICES, INC., VISUALLY IMPAIRED PRESCHOOL SERVICES, INC.

VISUALLY IMPAIRED PRESCHOOL SERVICES, INC.EIN 61-1061973Plan #005PY 2020

1906 GOLDSMITH LN - LOUISVILLE, KY 402182066502-636-3207LinkedIn1-10 employeesprimary/secondary education

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1M

+25.3% from 2019

Total participants

+30.4% from 2019

Average account balance

$22,916

+28.2% from 2019

Annual return

14.00%

-4.70 pp from 2019

Benchmarks

See 18,636 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,636 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.86M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

74.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$120K

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

+14.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$148

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 codes2F2G2S2T3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$8K

$176 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.803%

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

$22,916

$91,167-74.9%

$178,498-87.2%

$79,858-71.3%

Participation rate

65.2%

69.2%-4.0pp

81.9%-16.7pp

69.6%-4.4pp

Annual return

14.00%

24.19%-10.2pp

151.09%-137.1pp

31.72%-17.7pp

Employer contribution / active EE

$982

$3,255-69.8%

$5,011-80.4%

$2,471-60.2%

Participant deferral / active EE

$1,174

$3,236-63.7%

$5,202-77.4%

$3,740-68.6%

Admin fee / account holder

$184

$6,747-97.3%

$13,985-98.7%

$5,306-96.5%

403(B) THRIFT PLAN OF VISUALLY IMPAIRED PRESCHOOL SERVICES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF VISUALLY IMPAIRED PRESCHOOL SERVICES, INC.

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