Retirement plan

EDUCATIONAL DEVELOPMENT CORPORATION EMPLOYEE 401K PLAN

Name: EDUCATIONAL DEVELOPMENT CORPORATION - EDUCATIONAL DEVELOPMENT CORPORATION EMPLOYEE 401K PLAN (2017) Form 5500
Creator: EDUCATIONAL DEVELOPMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDUCATIONAL DEVELOPMENT CORPORATION EMPLOYEE 401K PLAN, EDUCATIONAL DEVELOPMENT CORPORATION

EDUCATIONAL DEVELOPMENT CORPORATIONEIN 73-0750007Plan #001PY 2017

PO BOX 470663 - TULSA, OK 741470663918-622-4522edcpub.comLinkedIn51-200 employeespublishing

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$7M

-3.3% from 2016

Total participants

100

+19.0% from 2016

Average account balance

$88,503

-16.7% from 2016

Annual return

-5.80%

-108.56 pp from 2016

Benchmarks

See 2,040 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,040 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.69M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

58.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$480K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

-14.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19

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

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 codes2E2F2G2J3D

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$143 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.172%

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

$88,503

$56,110+57.7%

$94,993-6.8%

$70,126+26.2%

Participation rate

75.0%

65.0%+10.0pp

73.9%+1.1pp

69.5%+5.5pp

Annual return

-5.80%

51.02%-56.8pp

27.14%-32.9pp

73.15%-78.9pp

Employer contribution / active EE

$737

$1,442-48.9%

$2,603-71.7%

$2,343-68.5%

Participant deferral / active EE

$1,590

$2,391-33.5%

$3,317-52.1%

$3,332-52.3%

Admin fee / account holder

$152

$3,456-95.6%

$4,960-96.9%

$4,645-96.7%

EDUCATIONAL DEVELOPMENT CORPORATION EMPLOYEE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDUCATIONAL DEVELOPMENT CORPORATION EMPLOYEE 401K 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