Retirement plan

ACADEMIA SAN IGNACIO DE LOYOLA RETIREMENT PLAN

Name: ACADEMIA SAN IGNACIO DE LOYOLA - ACADEMIA SAN IGNACIO DE LOYOLA RETIREMENT PLAN (2023) 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 2023

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.2M

+31.6% from 2022

Total participants

+4.5% from 2022

Average account balance

$13,978

+31.6% from 2022

Annual return

17.21%

+34.11 pp from 2022

Benchmarks

See 4,424 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,424 peers

Snapshot2023

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$24K

$333 / participant

Other / not subdivided$24K100.0%

% of EOY assets

2.068%

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

$13,978

$46,596-70.0%

$64,099-78.2%

$75,181-81.4%

Participation rate

87.5%

65.9%+21.6pp

72.3%+15.2pp

67.2%+20.3pp

Annual return

17.21%

26.04%-8.8pp

33.70%-16.5pp

160.69%-143.5pp

Employer contribution / active EE

$827

$1,975-58.1%

$2,748-69.9%

$2,671-69.1%

Participant deferral / active EE

$1,241

$2,837-56.3%

$3,881-68.0%

$4,126-69.9%

Admin fee / account holder

$289

$2,954-90.2%

$3,070-90.6%

$5,650-94.9%

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