Retirement plan

INTERNATIONAL SCHOOL OF LOUISIANA 401(K) PLAN

Name: INTERNATIONAL SCHOOL OF LOUISIANA - INTERNATIONAL SCHOOL OF LOUISIANA 401(K) PLAN (2023) Form 5500
Creator: INTERNATIONAL SCHOOL OF LOUISIANA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERNATIONAL SCHOOL OF LOUISIANA 401(K) PLAN, INTERNATIONAL SCHOOL OF LOUISIANA

INTERNATIONAL SCHOOL OF LOUISIANAEIN 72-1461891Plan #002PY 2023

1400 CAMP STREET - NEW ORLEANS, LA 70130504-654-1088isl-edu.orgLinkedIn51-200 employeeseducation management

Prospect flagsLow assets / participantLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$2.3M

+80.5% from 2022

Total participants

226

+7.6% from 2022

Average account balance

$10,679

+70.4% from 2022

Annual return

27.59%

+27.59 pp from 2022

Benchmarks

See 1,531 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,531 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.27M

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

229

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$854K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$180

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$11,045
NFP RETIREMENT INC2+ years Service code 27 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689	Advisory (Plan)	$8,454
ECONOMIC GROUP PENSION SERVICES2+ years Filed as: ECONOMIC GROUP PENSION SERVICES INC Service code 13 917 WESTERN AMERICA CIRCLE · MOBILE, AL 36609	Contract Administrator	$1,670
FLEXPATH STRATEGIES, LLC2+ years Filed as: FLEXPATH STRATEGIES LLC Service code 99 120 VANTIS STE 400 · ALISO VIEJO, CA 92656	Other Fees	$769

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$19K

$91 / participant

Contract admin$19K100.0%

% of EOY assets

0.839%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CARR, RIGGS AND INGRAM
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,679

$65,557-83.7%

$64,056-83.3%

$71,457-85.1%

Participation rate

95.3%

73.2%+22.1pp

72.3%+23.0pp

67.9%+27.4pp

Annual return

27.59%

18.94%+8.6pp

33.69%-6.1pp

28.85%-1.3pp

Employer contribution / active EE

$2,665

$2,669-0.1%

$2,747-3.0%

$2,588+3.0%

Participant deferral / active EE

$1,056

$3,626-70.9%

$3,880-72.8%

$4,289-75.4%

Admin fee / account holder

$90

$616-85.5%

$3,068-97.1%

$1,587-94.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$11,045

NFP RETIREMENT INC2+ years

Service code 27

120 VANTIS STE 400 · ALISO VIEJO, CA 926562689

Advisory (Plan)

$8,454

ECONOMIC GROUP PENSION SERVICES2+ years

Filed as: ECONOMIC GROUP PENSION SERVICES INC

Service code 13

917 WESTERN AMERICA CIRCLE · MOBILE, AL 36609

Contract Administrator

$1,670

FLEXPATH STRATEGIES, LLC2+ years

Filed as: FLEXPATH STRATEGIES LLC

Service code 99

120 VANTIS STE 400 · ALISO VIEJO, CA 92656

Other Fees

$769

INTERNATIONAL SCHOOL OF LOUISIANA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERNATIONAL SCHOOL OF LOUISIANA 401(K) 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