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 (2019) 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 2019

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$75K

+49.3% from 2018

Total participants

0.0% from 2018

Average account balance

$15,093

+49.3% from 2018

Annual return

22.41%

+31.41 pp from 2018

Benchmarks

See 6,052 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,052 peers

Snapshot2019

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$446

$112 / participant

Other / not subdivided$446100.0%

% of EOY assets

0.591%

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

$15,093

$77,416-80.5%

$69,464-78.3%

$152,897-90.1%

Participation rate

100.0%

78.1%+21.9pp

74.6%+25.4pp

82.5%+17.5pp

Annual return

22.41%

39.08%-16.7pp

28.98%-6.6pp

345.43%-323.0pp

Employer contribution / active EE

$1,275

$3,315-61.5%

$2,779-54.1%

$4,764-73.2%

Participant deferral / active EE

$2,121

$4,413-51.9%

$3,536-40.0%

$5,851-63.8%

Admin fee / account holder

$89

$6,208-98.6%

$3,840-97.7%

$11,599-99.2%

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