Retirement plan

EDGEWOOD 403(B) PLAN

Name: EDGEWOOD CENTER FOR CHILDREN AND FAMILIES - EDGEWOOD 403(B) PLAN (2024) Form 5500
Creator: EDGEWOOD CENTER FOR CHILDREN AND FAMILIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDGEWOOD 403(B) PLAN, EDGEWOOD CENTER FOR CHILDREN AND FAMILIES

EDGEWOOD CENTER FOR CHILDREN AND FAMILIESEIN 94-1186168Plan #002PY 2024

1801 VICENTE STREET - SAN FRANCISCO, CA 94116415-681-3211LinkedIn1-10 employeesmental health care

Other plans on this EIN

1 filing

#001Retirement-$9.3M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$12.3M

+13.2% from 2023

Total participants

377

+0.5% from 2023

Average account balance

$56,855

+7.4% from 2023

Annual return

11.63%

-5.38 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.34M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

217

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.

47.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$324

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
PRIMARK BENEFITS9+ years Service code 10 · EIN 94-2320862 1810 GATEWAY DRIVE, SUITE230 · SAN MATEO, CA 94404	Accounting	$43,171
GLOBAL RETIREMENT PARTNERS LLC9+ years Filed as: GLOBAL RETIREMENT PARTNERS Service code 28 · EIN 47-1411118 4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903	Investment Management	$22,888
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB TRUST CO Service code 18 · EIN 82-3967259 211 MAIN ST. · SAN FRANCISCO, CA 94105	Custodial (other than securities)	$4,155

Plan features & details

Pension benefit codes2F2G2K2M2T3D

Plan features

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.
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

$70K

$232 / participant

Recordkeeping$43K61.5%
Trustee / custodial$4K5.9%
Investment mgmt$23K32.6%

% of EOY assets

0.569%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,855

$50,919+11.7%

$155,556-63.5%

$77,762-26.9%

Participation rate

47.2%

63.1%-15.9pp

78.2%-31.0pp

70.6%-23.4pp

Annual return

11.63%

34.84%-23.2pp

64.84%-53.2pp

31.27%-19.6pp

Employer contribution / active EE

$1,158

$1,991-41.8%

$4,675-75.2%

$2,728-57.5%

Participant deferral / active EE

$2,522

$2,824-10.7%

$5,631-55.2%

$4,651-45.8%

Admin fee / account holder

$324

$437-25.9%

$15,885-98.0%

$433-25.3%

Provider

Service type

Compensation

PRIMARK BENEFITS9+ years

Service code 10 · EIN 94-2320862

1810 GATEWAY DRIVE, SUITE230 · SAN MATEO, CA 94404

Accounting

$43,171

GLOBAL RETIREMENT PARTNERS LLC9+ years

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 28 · EIN 47-1411118

4340 REDWOOD HIGHWAY · SAN RAFAEL, CA 94903

Investment Management

$22,888

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB TRUST CO

Service code 18 · EIN 82-3967259

211 MAIN ST. · SAN FRANCISCO, CA 94105

Custodial (other than securities)

$4,155

EDGEWOOD 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDGEWOOD 403(B) 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