Retirement plan

BODY & BRAIN YOGA AND HEALTH CENTERS, INC. 401K PLAN AND TRUST

Name: BODY & BRAIN YOGA AND HEALTH CENTERS, INC - BODY & BRAIN YOGA AND HEALTH CENTERS, INC. 401K PLAN AND TRUST (2015) Form 5500
Creator: BODY & BRAIN YOGA AND HEALTH CENTERS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BODY & BRAIN YOGA AND HEALTH CENTERS, INC. 401K PLAN AND TRUST, BODY & BRAIN YOGA AND HEALTH CENTERS, INC

BODY & BRAIN YOGA AND HEALTH CENTERS, INCEIN 86-0891834Plan #001PY 2015

1223 S CLEARVIEW AVE, SUITE 101 - MESA, AZ 85209928-205-8279

Prospect flagsLow returnsHigh cashLow participationLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$158K

No prior year

Total participants

233

No prior year

Average account balance

$3,505

No prior year

Annual return

-9.83%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.10M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

28.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$135K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$745

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

+16.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$414

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.1+ years Service code 59	Shareholder Servicing	$141
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO., INC Service code 59	Shareholder Servicing	$100
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST Service code 33 · EIN 42-1558009 211 MAIN STREET · SAN FRANCISCO, CA 94105	Securities brokerage	$0
WELLINGTON CONSULTING SERVICES, INC1+ years Filed as: WELLINGTON CONSULTING SERVICES Service code 26 · EIN 54-1620949 14325 WILLARD ROAD · CHANTILLY, VA 20151	Advisory (Participants)	$0

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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Plan features & details

Pension benefit codes2E2J2K3D2F2G2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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

$2K

$10 / participant

Investment mgmt$2K100.0%

% of EOY assets

1.385%

all-in expense ratio

Categories reported

1 / 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: TULL, FORSBERG AND OLSON
Auditor EIN: 860130568
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,505

$46,360-92.4%

$147,617-97.6%

$52,331-93.3%

Participation rate

16.8%

64.9%-48.1pp

84.6%-67.8pp

68.1%-51.3pp

Annual return

-9.83%

1.62%-11.4pp

61.98%-71.8pp

4.54%-14.4pp

Employer contribution / active EE

$2,126-100.0%

$5,564-100.0%

$1,882-100.0%

Participant deferral / active EE

$400

$2,258-82.3%

$4,895-91.8%

$3,022-86.8%

Admin fee / account holder

$49

$766-93.7%

$11,612-99.6%

$592-91.8%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.1+ years

Service code 59

Shareholder Servicing

$141

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO., INC

Service code 59

Shareholder Servicing

$100

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB TRUST

Service code 33 · EIN 42-1558009

211 MAIN STREET · SAN FRANCISCO, CA 94105

Securities brokerage

WELLINGTON CONSULTING SERVICES, INC1+ years

Filed as: WELLINGTON CONSULTING SERVICES

Service code 26 · EIN 54-1620949

14325 WILLARD ROAD · CHANTILLY, VA 20151

Advisory (Participants)

BODY & BRAIN YOGA AND HEALTH CENTERS, INC. 401K PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BODY & BRAIN YOGA AND HEALTH CENTERS, INC. 401K PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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