Retirement plan

403(B) THRIFT PLAN OF EARLY LEARNING CENTERS OF LUBBOCK, INC.

Name: EARLY LEARNING CENTERS OF LUBBOCK, INC. - 403(B) THRIFT PLAN OF EARLY LEARNING CENTERS OF LUBBOCK, INC. (2018) Form 5500
Creator: EARLY LEARNING CENTERS OF LUBBOCK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF EARLY LEARNING CENTERS OF LUBBOCK, INC., EARLY LEARNING CENTERS OF LUBBOCK, INC.

EARLY LEARNING CENTERS OF LUBBOCK, INC.EIN 75-0940023Plan #003PY 2018

1639 MAIN ST - LUBBOCK, TX 794013103806-765-9981elclubbock.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$716K

+92.3% from 2017

Total participants

+15.4% from 2017

Average account balance

$17,058

+69.4% from 2017

Annual return

88.29%

+84.38 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.02M

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.

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.

176.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+42.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2883

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 codes2F2T3D

Plan features

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).
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$66K

$2124 / participant

Other / not subdivided$66K100.0%

% of EOY assets

9.192%

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

$17,058

$75,962-77.5%

$154,111-88.9%

$64,173-73.4%

Participation rate

90.3%

70.4%+19.9pp

83.0%+7.3pp

69.6%+20.8pp

Annual return

88.29%

30.32%+58.0pp

735.18%-646.9pp

7.63%+80.7pp

Employer contribution / active EE

$895

$3,350-73.3%

$5,298-83.1%

$2,381-62.4%

Participant deferral / active EE

$964

$3,175-69.6%

$5,081-81.0%

$3,470-72.2%

Admin fee / account holder

$1,568

$5,589-71.9%

$13,411-88.3%

$4,887-67.9%

403(B) THRIFT PLAN OF EARLY LEARNING CENTERS OF LUBBOCK, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF EARLY LEARNING CENTERS OF LUBBOCK, INC.

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