Retirement plan

PANORAMA EDUCATION, INC. RETIREMENT TRUST

Name: PANORAMA EDUCATION, INC. - PANORAMA EDUCATION, INC. RETIREMENT TRUST (2020) Form 5500
Creator: PANORAMA EDUCATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PANORAMA EDUCATION, INC. RETIREMENT TRUST, PANORAMA EDUCATION, INC.

PANORAMA EDUCATION, INC.EIN 90-0995958Plan #001PY 2020

24 SCHOOL STREET, 4TH FLOOR - BOSTON, MA 02108617-356-8123panoramaed.comLinkedIn201-500 employeeseducation management

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.4M

+67.1% from 2019

Total participants

234

+18.8% from 2019

Average account balance

$43,395

+44.6% from 2019

Annual return

27.38%

-4.53 pp from 2019

Benchmarks

See 909 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort909 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.86M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

563

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.

90.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+19.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45

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
LT TRUST COMPANY1 year Service code 15 · EIN 61-1607607 PO BOX 5508 · DENVER, CO 80217	Recordkeeping	$7,719
HUMAN INTEREST ADVISOR LLC1 year Filed as: HUMAN INTEREST, INC. Service code 13 · EIN 47-4307706 300 MONTGOMERY ST. SUITE 350 · SAN FRANCISCO, CA 94104	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$8K

$42 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.082%

all-in expense ratio

Categories reported

0 / 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: ASSURANCE DIMENSIONS
Auditor EIN: 263429295
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,395

$66,813-35.0%

$100,528-56.8%

$73,493-41.0%

Participation rate

90.2%

77.5%+12.7pp

79.4%+10.7pp

70.7%+19.5pp

Annual return

27.38%

25.70%+1.7pp

30.90%-3.5pp

28.51%-1.1pp

Employer contribution / active EE

$3,840

$2,147+78.9%

$3,419+12.3%

$2,270+69.2%

Participant deferral / active EE

$9,211

$5,883+56.6%

$6,271+46.9%

$3,740+146.3%

Admin fee / account holder

$36

$512-93.0%

$8,084-99.6%

$513-93.0%

Provider

Service type

Compensation

LT TRUST COMPANY1 year

Service code 15 · EIN 61-1607607

PO BOX 5508 · DENVER, CO 80217

Recordkeeping

$7,719

HUMAN INTEREST ADVISOR LLC1 year

Filed as: HUMAN INTEREST, INC.

Service code 13 · EIN 47-4307706

300 MONTGOMERY ST. SUITE 350 · SAN FRANCISCO, CA 94104

Contract Administrator

PANORAMA EDUCATION, INC. RETIREMENT TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PANORAMA EDUCATION, INC. RETIREMENT TRUST

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