Retirement plan

NATIONAL CENTER FOR FAMILIES LEARNING, INC. RETIREMENT PLAN

Name: NATIONAL CENTER FOR FAMILIES LEARNING, INC. - NATIONAL CENTER FOR FAMILIES LEARNING, INC. RETIREMENT PLAN (2024) Form 5500
Creator: NATIONAL CENTER FOR FAMILIES LEARNING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL CENTER FOR FAMILIES LEARNING, INC. RETIREMENT PLAN, NATIONAL CENTER FOR FAMILIES LEARNING, INC.

NATIONAL CENTER FOR FAMILIES LEARNING, INC.EIN 61-1159549Plan #001PY 2024

325 WEST MAIN STREET, SUITE 300 - LOUISVILLE, KY 402024237502-584-1133familieslearning.orgLinkedIn11-50 employeeseducation management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.3M

+6.8% from 2023

Total participants

152

+4.8% from 2023

Average account balance

$42,247

+3.2% from 2023

Annual return

11.49%

-2.33 pp from 2023

Benchmarks

See 4,471 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,471 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.34M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

150

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$416K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 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 codes2F2G2M2T3D

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$50

$1 / participant

Other / not subdivided$50100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CHERRY BEKAERT LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,247

$48,327-12.6%

$67,575-37.5%

$80,935-47.8%

Participation rate

96.7%

66.4%+30.3pp

72.9%+23.8pp

67.7%+29.1pp

Annual return

11.49%

18.31%-6.8pp

3528.98%-3517.5pp

35.66%-24.2pp

Employer contribution / active EE

$3,834

$2,022+89.6%

$2,736+40.2%

$2,757+39.1%

Participant deferral / active EE

$2,989

$2,927+2.1%

$4,003-25.3%

$4,299-30.5%

Admin fee / account holder

$3,692-100.0%

$3,993-100.0%

$6,924-100.0%

NATIONAL CENTER FOR FAMILIES LEARNING, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL CENTER FOR FAMILIES LEARNING, INC. RETIREMENT 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