Retirement plan

SAFE-HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC.

Name: PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC. - SAFE-HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC. (2024) Form 5500
Creator: PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAFE-HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC., PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC.

PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC.EIN 95-2955858Plan #002PY 2024

13300 CROSSROADS PKWY N STE 440 - CITY OF INDUSTRY, CA 917463440562-776-1301plazadelarazacds.orgLinkedIn201-500 employeeseducation management

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$44.2M

+9.0% from 2023

Total participants

443

-8.1% from 2023

Average account balance

$101,650

+18.5% from 2023

Annual return

12.96%

+2.39 pp from 2023

Benchmarks

See 1,581 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,581 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.20M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

350

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP5 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Claims processing; Recordkeeping and ...	$4,429

Plan features & details

Pension benefit codes2G2J3D2E2F

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.
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

$4K

$23 / participant

Recordkeeping$4K100.0%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PENSION ASSURANCE, LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,650

$69,745+45.7%

$67,511+50.6%

$74,546+36.4%

Participation rate

95.9%

71.3%+24.5pp

72.9%+23.0pp

67.2%+28.6pp

Annual return

12.96%

-40.37%+53.3pp

3517.41%-3504.4pp

1366.03%-1353.1pp

Employer contribution / active EE

$4,583

$2,705+69.4%

$2,733+67.7%

$2,624+74.6%

Participant deferral / active EE

$1,503

$3,636-58.7%

$4,000-62.4%

$4,347-65.4%

Admin fee / account holder

$10

$894-98.9%

$3,999-99.7%

$1,944-99.5%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP5 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Claims processing; Recordkeeping and ...

$4,429

SAFE-HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAFE-HARBOR 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PLAZA DE LA RAZA CHILD DEVELOPMENT SERVICES, INC.

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