Retirement plan

SAFETY COUNCIL OF SWLA 401(K) PROFIT SHARING PLAN

Name: SAFETY COUNCIL OF SWLA - SAFETY COUNCIL OF SWLA 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: SAFETY COUNCIL OF SWLA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAFETY COUNCIL OF SWLA 401(K) PROFIT SHARING PLAN, SAFETY COUNCIL OF SWLA

SAFETY COUNCIL OF SWLAEIN 72-0506995Plan #001PY 2021

1201 RYAN STREET - LAKE CHARLES, LA 70601337-436-3354safetycouncilswla.orgLinkedIn1-10 employeescomputer software

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+22.5% from 2020

Total participants

+9.5% from 2020

Average account balance

$17,472

-6.2% from 2020

Annual return

17.79%

-2.24 pp from 2020

Benchmarks

See 3,974 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,974 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.28%

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

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$64K

$2454 / participant

Other / not subdivided$64K100.0%

% of EOY assets

5.707%

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

$17,472

$53,837-67.5%

$75,714-76.9%

$85,847-79.6%

Participation rate

80.8%

69.1%+11.7pp

74.8%+5.9pp

69.3%+11.5pp

Annual return

17.79%

24.54%-6.7pp

104.62%-86.8pp

318.61%-300.8pp

Employer contribution / active EE

$1,883

$2,017-6.7%

$2,744-31.4%

$2,565-26.6%

Participant deferral / active EE

$2,197

$2,895-24.1%

$3,820-42.5%

$3,952-44.4%

Admin fee / account holder

$997

$3,339-70.1%

$3,619-72.4%

$6,261-84.1%

SAFETY COUNCIL OF SWLA 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAFETY COUNCIL OF SWLA 401(K) 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