Retirement plan

BELLE CHASSE ACADEMY INC. 401 K PLAN

Name: BELLE CHASSE ACADEMY INC. - BELLE CHASSE ACADEMY INC. 401 K PLAN (2020) Form 5500
Creator: BELLE CHASSE ACADEMY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELLE CHASSE ACADEMY INC. 401 K PLAN, BELLE CHASSE ACADEMY INC.

BELLE CHASSE ACADEMY INC.EIN 72-1493224Plan #001PY 2020

100 FIFTH STREET, NAS-JRB - BELLE CHASSE, LA 70037504-433-5850bellechasseacademy.orgLinkedIn1-10 employeeseducation management

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$6.4M

+15.4% from 2019

Total participants

276

-2.8% from 2019

Average account balance

$31,104

+18.2% from 2019

Annual return

14.11%

-6.73 pp from 2019

Benchmarks

See 1,462 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,462 peers

Snapshot2020

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Analytics

Total assets (EOY)

Plan-year ending balance

$8.63M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

194

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.

58.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$687K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39

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 2 by compensation

Provider	Service type	Compensation
401K GENERATION6+ years Service code 27 195 INTERNATIONAL PKWY · LAKE MARY, FL 32746	Advisory (Plan)	$27,325
EPLAN ADVISORS, LLC5 years Service code 17 · EIN 36-1543746	Pension Consulting	$14,710

Reportable transactions (Schedule G)

4 rows

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

Category	Counterparty	Relationship / Terms	Address	Amount
Part 1 Loan in default	Counterparty name	Party in interest Five-year promissory note	1234 Example Ave City, ST 00000	$XXX,XXX
Part 1 Loan in default	Counterparty name	Party in interest Five-year promissory note	1234 Example Ave City, ST 00000	$XXX,XXX
Part 1 Loan in default	Counterparty name	Party in interest Five-year promissory note	1234 Example Ave City, ST 00000	$XXX,XXX

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Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$45K

$235 / participant

Investment mgmt$42K94.3%
Contract admin$3K5.7%

% of EOY assets

0.693%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BRUNO & TERVALON LLP, CPA'S
Auditor EIN: 720877929
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,104

$65,322-52.4%

$70,494-55.9%

$73,497-57.7%

Participation rate

63.7%

77.0%-13.3pp

75.1%-11.4pp

70.7%-7.0pp

Annual return

14.11%

15.71%-1.6pp

109.16%-95.0pp

28.51%-14.4pp

Employer contribution / active EE

$610

$2,460-75.2%

$2,738-77.7%

$2,270-73.1%

Participant deferral / active EE

$2,204

$3,375-34.7%

$3,711-40.6%

$3,740-41.1%

Admin fee / account holder

$215

$214+0.6%

$3,848-94.4%

$513-58.0%

Provider

Service type

Compensation

401K GENERATION6+ years

Service code 27

195 INTERNATIONAL PKWY · LAKE MARY, FL 32746

Advisory (Plan)

$27,325

EPLAN ADVISORS, LLC5 years

Service code 17 · EIN 36-1543746

Pension Consulting

$14,710

BELLE CHASSE ACADEMY INC. 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELLE CHASSE ACADEMY INC. 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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