Retirement plan

ACADEMY FOR THE LOVE OF LEARNING DEFINED CONTRIBUTION RETIREMENT PLAN

Name: ACADEMY FOR THE LOVE OF LEARNING, INC. - ACADEMY FOR THE LOVE OF LEARNING DEFINED CONTRIBUTION RETIREMENT PLAN (2021) Form 5500
Creator: ACADEMY FOR THE LOVE OF LEARNING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACADEMY FOR THE LOVE OF LEARNING DEFINED CONTRIBUTION RETIREMENT PLAN, ACADEMY FOR THE LOVE OF LEARNING, INC.

ACADEMY FOR THE LOVE OF LEARNING, INC.EIN 86-0945282Plan #001PY 2021

133 SETON VILLAGE RD - SANTA FE, NM 875088101505-995-1860aloveoflearning.orgLinkedIn11-50 employeesprogram development

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

+13.5% from 2020

Total participants

0.0% from 2020

Average account balance

$92,212

+13.5% from 2020

Annual return

9.96%

-0.56 pp from 2020

Benchmarks

See 6,475 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,475 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.37M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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.

325.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$106K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2477

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 codes2C2G2L2M

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

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

$15K

$1857 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.537%

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

$92,212

$84,713+8.9%

$75,717+21.8%

$167,518-45.0%

Participation rate

100.0%

77.8%+22.2pp

74.8%+25.2pp

82.1%+17.9pp

Annual return

9.96%

199.49%-189.5pp

104.58%-94.6pp

478.71%-468.7pp

Employer contribution / active EE

$4,104

$3,229+27.1%

$2,743+49.6%

$4,838-15.2%

Participant deferral / active EE

$7,000

$4,578+52.9%

$3,821+83.2%

$6,342+10.4%

Admin fee / account holder

$495

$5,357-90.8%

$3,619-86.3%

$12,312-96.0%

ACADEMY FOR THE LOVE OF LEARNING DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACADEMY FOR THE LOVE OF LEARNING DEFINED CONTRIBUTION RETIREMENT 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