Retirement plan

SOUTHWESTERN EDUCATIONAL SOCIETY CASH & DEFERRED ARRANGEMENT PROFIT SHARING PLAN

Name: SOUTHWESTERN EDUCATIONAL SOCIETY - SOUTHWESTERN EDUCATIONAL SOCIETY CASH & DEFERRED ARRANGEMENT PROFIT SHARING PLAN (2017) Form 5500
Creator: SOUTHWESTERN EDUCATIONAL SOCIETY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWESTERN EDUCATIONAL SOCIETY CASH & DEFERRED ARRANGEMENT PROFIT SHARING PLAN, SOUTHWESTERN EDUCATIONAL SOCIETY

SOUTHWESTERN EDUCATIONAL SOCIETYEIN 66-0320885Plan #001PY 2017

PO BOX 40 - MAYAGUEZ, PR 006810040787-834-2150

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+14.9% from 2016

Total participants

-3.9% from 2016

Average account balance

$26,404

+14.9% from 2016

Annual return

11.73%

+12.54 pp from 2016

Benchmarks

See 3,768 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,768 peers

Snapshot2017

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.

86.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$78K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+10.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2475

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 codes2E2F2G2T3C

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

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$75K

$1178 / participant

Other / not subdivided$75K100.0%

% of EOY assets

4.681%

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

$26,404

$45,050-41.4%

$63,018-58.1%

$70,126-62.3%

Participation rate

81.3%

69.5%+11.7pp

74.8%+6.4pp

69.5%+11.7pp

Annual return

11.73%

18.76%-7.0pp

87.62%-75.9pp

73.15%-61.4pp

Employer contribution / active EE

$629

$2,052-69.3%

$2,761-77.2%

$2,343-73.1%

Participant deferral / active EE

$985

$2,466-60.1%

$3,330-70.4%

$3,332-70.4%

Admin fee / account holder

$1,236

$2,834-56.4%

$3,601-65.7%

$4,645-73.4%

SOUTHWESTERN EDUCATIONAL SOCIETY CASH & DEFERRED ARRANGEMENT PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWESTERN EDUCATIONAL SOCIETY CASH & DEFERRED ARRANGEMENT PROFIT SHARING 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