Retirement plan

TEACHSTONE 401(K) PLAN

Name: TEACHSTONE TRAINING, LLC - TEACHSTONE 401(K) PLAN (2024) Form 5500
Creator: TEACHSTONE TRAINING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEACHSTONE 401(K) PLAN, TEACHSTONE TRAINING, LLC

TEACHSTONE TRAINING, LLCEIN 80-0560774Plan #001PY 2024

675 PETER JEFFERSON PARKWAY, STE 400 - CHARLOTTESVILLE, VA 22911434-293-3909

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$10.4M

+23.9% from 2023

Total participants

265

+4.7% from 2023

Average account balance

$46,524

+15.6% from 2023

Annual return

13.90%

-6.36 pp from 2023

Benchmarks

See 1,573 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,573 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.42M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

224

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.

80.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108

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 3 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1 year Service code 33 · EIN 11-3665754	Recordkeeping fees; Other fees; Direc...	$10,863
UNITED OF OMAHA1 year Filed as: MUTUAL OF OMAHA INVESTOR SERVICES, Service code 27 3300 MUTUAL OF OMAHA PLAZA · OMAHA, NE 68175	Advisory (Plan)	$10,524
UNITED OF OMAHA9 years Service code 15 · EIN 47-0322111	Recordkeeping	$2,099

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$24K

$117 / participant

Investment mgmt$11K46.6%
Contract admin$13K53.4%

% of EOY assets

0.233%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SMITH-LEONARD
Auditor EIN: 205907591
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,524

$69,708-33.3%

$67,560-31.1%

$74,478-37.5%

Participation rate

80.2%

71.4%+8.8pp

72.9%+7.3pp

67.2%+13.0pp

Annual return

13.90%

-40.67%+54.6pp

3533.50%-3519.6pp

1370.56%-1356.7pp

Employer contribution / active EE

$3,117

$2,715+14.8%

$2,737+13.9%

$2,626+18.7%

Participant deferral / active EE

$6,201

$3,637+70.5%

$4,004+54.9%

$4,350+42.5%

Admin fee / account holder

$108

$887-87.8%

$3,994-97.3%

$1,946-94.4%

Provider

Service type

Compensation

ASCENSUS LLC1 year

Service code 33 · EIN 11-3665754

Recordkeeping fees; Other fees; Direc...

$10,863

UNITED OF OMAHA1 year

Filed as: MUTUAL OF OMAHA INVESTOR SERVICES,

Service code 27

3300 MUTUAL OF OMAHA PLAZA · OMAHA, NE 68175

Advisory (Plan)

$10,524

UNITED OF OMAHA9 years

Service code 15 · EIN 47-0322111

Recordkeeping

$2,099

TEACHSTONE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEACHSTONE 401(K) 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