Retirement plan

LINDAMOOD-BELL LEARNING PROCESSES 401(K) PROFIT SHARING PLAN

Name: LINDAMOOD-BELL LEARNING PROCESSES - LINDAMOOD-BELL LEARNING PROCESSES 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: LINDAMOOD-BELL LEARNING PROCESSES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LINDAMOOD-BELL LEARNING PROCESSES 401(K) PROFIT SHARING PLAN, LINDAMOOD-BELL LEARNING PROCESSES

LINDAMOOD-BELL LEARNING PROCESSESEIN 77-0140920Plan #001PY 2016

416 HIGUERA STREET - SAN LUIS OBISPO, CA 93401805-541-3836lindamoodbell.comLinkedIn501-1000 employeeshigher education

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$9M

+16.0% from 2015

Total participants

582

+10.6% from 2015

Average account balance

$28,545

+3.8% from 2015

Annual return

9.13%

+10.14 pp from 2015

Benchmarks

See 936 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort936 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.73M

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.

396

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.

45.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.42M

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

+13.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$117

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

Top 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP INC. Service code 12 · EIN 27-2037969	Claims processing; Participant loan p...	$22,385
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143	Advisory (Plan)	$13,724

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

$32K

$66 / participant

Investment mgmt$14K42.3%
Contract admin$19K57.7%

% of EOY assets

0.362%

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: GLEN, BURDETTE, PHILLIPS & BRYSON
Auditor EIN: 952772601
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,545

$68,408-58.3%

$57,196-50.1%

$57,658-50.5%

Participation rate

45.2%

79.1%-33.9pp

75.3%-30.1pp

70.2%-25.0pp

Annual return

9.13%

8.51%+0.6pp

14.59%-5.5pp

5.13%+4.0pp

Employer contribution / active EE

$114

$2,869-96.0%

$2,683-95.8%

$1,974-94.2%

Participant deferral / active EE

$1,403

$2,903-51.7%

$3,096-54.7%

$3,061-54.2%

Admin fee / account holder

$103

$70+48.5%

$3,141-96.7%

$95+9.4%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT GROUP INC.

Service code 12 · EIN 27-2037969

Claims processing; Participant loan p...

$22,385

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 27 · EIN 26-0058143

Advisory (Plan)

$13,724

LINDAMOOD-BELL LEARNING PROCESSES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LINDAMOOD-BELL LEARNING PROCESSES 401(K) PROFIT SHARING 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