Retirement plan

MIDWEST EDUCATION CONSULTANTS 401(K) PROFIT SHARING PLAN 2409 S 56TH SUITE 117 FORT SMITH AR 72903

Name: MIDWEST EDUCATION CONSULTANTS, INC. - MIDWEST EDUCATION CONSULTANTS 401(K) PROFIT SHARING PLAN 2409 S 56TH SUITE 117 FORT SMITH AR 72903 (2015) Form 5500
Creator: MIDWEST EDUCATION CONSULTANTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDWEST EDUCATION CONSULTANTS 401(K) PROFIT SHARING PLAN 2409 S 56TH SUITE 117 FORT SMITH AR 72903, MIDWEST EDUCATION CONSULTANTS, INC.

MIDWEST EDUCATION CONSULTANTS, INC.EIN 73-1297195Plan #001PY 2015

2409 SOUTH 56TH STE. 117 - FORT SMITH, AR 72903479-484-6799LinkedIn1-10 employeese-learning

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$19K

No prior year

Total participants

No prior year

Average account balance

$3,103

No prior year

Annual return

2.20%

No prior year

Benchmarks

See 4,198 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort4,198 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$228K

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

38.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18K

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

+10.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$558

$93 / participant

Other / not subdivided$558100.0%

% of EOY assets

2.997%

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

$3,103

$64,311-95.2%

$57,356-94.6%

$125,389-97.5%

Participation rate

100.0%

78.6%+21.4pp

75.1%+24.9pp

83.2%+16.8pp

Annual return

2.20%

25.14%-22.9pp

24.41%-22.2pp

282.24%-280.0pp

Employer contribution / active EE

$795

$3,193-75.1%

$2,689-70.4%

$4,866-83.7%

Participant deferral / active EE

$1,150

$3,846-70.1%

$3,162-63.6%

$5,352-78.5%

Admin fee / account holder

$93

$5,243-98.2%

$3,357-97.2%

$9,541-99.0%

MIDWEST EDUCATION CONSULTANTS 401(K) PROFIT SHARING PLAN 2409 S 56TH SUITE 117 FORT SMITH AR 72903

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDWEST EDUCATION CONSULTANTS 401(K) PROFIT SHARING PLAN 2409 S 56TH SUITE 117 FORT SMITH AR 72903

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