Retirement plan

BRAILLE INSTITUTE OF AMERICA INC TAX SHELTERED 401(M) SAVINGS PLAN

Name: BRAILLE INSTITUTE OF AMERICA, INC. - BRAILLE INSTITUTE OF AMERICA INC TAX SHELTERED 401(M) SAVINGS PLAN (2021) Form 5500
Creator: BRAILLE INSTITUTE OF AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRAILLE INSTITUTE OF AMERICA INC TAX SHELTERED 401(M) SAVINGS PLAN, BRAILLE INSTITUTE OF AMERICA, INC.

BRAILLE INSTITUTE OF AMERICA, INC.EIN 95-1641426Plan #003PY 2021

741 N VERMONT AVE - LOS ANGELES, CA 90029323-663-1111brailleinstitute.orgLinkedIn201-500 employeesnon-profit organization management

Other plans on this EIN

1 filing

#004Retirement-$26.2M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed December 5, 2024

Plan administrator

Plan administrator name— Sign in and upgrade to view

741 N. Vermont Ave

Los Angeles, CA 90029

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Plans declared (1)

Braille Institute of America, Inc. 457(b) Plan11 emp

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Total assets (EOY)

$21.1M

+13.2% from 2020

Total participants

378

+1.9% from 2020

Average account balance

$56,794

+12.0% from 2020

Annual return

16.44%

+5.96 pp from 2020

Benchmarks

See 1,462 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,462 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930	Recordkeeping	$900

Plan features & details

Pension benefit codes2E2F2G2K

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$900

$5 / participant

Other / not subdivided$900100.0%

% of EOY assets

0.004%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRANT THORNTON, LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,794

$74,706-24.0%

$75,714-25.0%

$79,391-28.5%

Participation rate

97.0%

75.3%+21.6pp

74.8%+22.1pp

70.7%+26.2pp

Annual return

16.44%

18.52%-2.1pp

104.62%-88.2pp

116.88%-100.4pp

Employer contribution / active EE

$3,432

$2,590+32.5%

$2,744+25.1%

$2,428+41.4%

Participant deferral / active EE

$3,533-100.0%

$3,820-100.0%

$4,046-100.0%

Admin fee / account holder

$374-99.4%

$3,619-99.9%

$627-99.6%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.1 year

Service code 15 · EIN 23-1945930

Recordkeeping

$900

BRAILLE INSTITUTE OF AMERICA INC TAX SHELTERED 401(M) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRAILLE INSTITUTE OF AMERICA INC TAX SHELTERED 401(M) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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