Retirement plan

ACADEMIA SAN IGNACIO DE LOYOLA RETIREMENT PLAN

Name: ACADEMIA SAN IGNACIO DE LOYOLA - ACADEMIA SAN IGNACIO DE LOYOLA RETIREMENT PLAN (2024) Form 5500
Creator: ACADEMIA SAN IGNACIO DE LOYOLA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACADEMIA SAN IGNACIO DE LOYOLA RETIREMENT PLAN, ACADEMIA SAN IGNACIO DE LOYOLA

ACADEMIA SAN IGNACIO DE LOYOLAEIN 66-0256437Plan #001PY 2024

URB. SANTA MARIA, #1908 CALLE NARCISO - SAN JUAN, PR 00927787-765-8190

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+18.3% from 2023

Total participants

103

+12.0% from 2023

Average account balance

$16,951

+21.3% from 2023

Annual return

12.11%

-5.10 pp from 2023

Benchmarks

See 4,475 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,475 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

102.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$141K

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

+12.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$884

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 codes2E2F2G2J3C

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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

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

$72K

$906 / participant

Other / not subdivided$72K100.0%

% of EOY assets

5.214%

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

$16,951

$48,314-64.9%

$67,561-74.9%

$80,925-79.1%

Participation rate

72.2%

66.4%+5.8pp

72.9%-0.8pp

67.7%+4.5pp

Annual return

12.11%

18.28%-6.2pp

3525.44%-3513.3pp

35.65%-23.5pp

Employer contribution / active EE

$696

$2,022-65.6%

$2,735-74.5%

$2,756-74.7%

Participant deferral / active EE

$1,089

$2,927-62.8%

$4,003-72.8%

$4,299-74.7%

Admin fee / account holder

$884

$3,690-76.0%

$4,006-77.9%

$6,940-87.3%

ACADEMIA SAN IGNACIO DE LOYOLA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACADEMIA SAN IGNACIO DE LOYOLA 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