Retirement plan

EXCELLENT EDUCATION DEVELOPMENT, INC. ERISA 403(B) PLAN

Name: EXCELLENT EDUCATION DEVELOPMENT, INC. - EXCELLENT EDUCATION DEVELOPMENT, INC. ERISA 403(B) PLAN (2016) Form 5500
Creator: EXCELLENT EDUCATION DEVELOPMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXCELLENT EDUCATION DEVELOPMENT, INC. ERISA 403(B) PLAN, EXCELLENT EDUCATION DEVELOPMENT, INC.

EXCELLENT EDUCATION DEVELOPMENT, INC.EIN 95-4766001Plan #002PY 2016

11858 LAGRANGE AVE, 2ND FLOOR - LOS ANGELES, CA 90025310-394-1152LinkedIn51-200 employeescivic & social organization

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3M

+25.1% from 2015

Total participants

104

+7.2% from 2015

Average account balance

$34,229

+15.2% from 2015

Annual return

9.40%

+12.00 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.53M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

114

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.

117.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$956K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1074

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 codes2F2G2M2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$42K

$593 / participant

Other / not subdivided$42K100.0%

% of EOY assets

1.398%

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

$34,229

$76,551-55.3%

$123,894-72.4%

$62,881-45.6%

Participation rate

77.5%

73.0%+4.5pp

81.4%-3.9pp

69.3%+8.2pp

Annual return

9.40%

18.68%-9.3pp

47.52%-38.1pp

20.14%-10.7pp

Employer contribution / active EE

$1,393

$2,882-51.7%

$4,617-69.8%

$2,281-38.9%

Participant deferral / active EE

$4,451

$4,840-8.0%

$5,984-25.6%

$3,203+39.0%

Admin fee / account holder

$479

$4,826-90.1%

$8,357-94.3%

$4,296-88.9%

EXCELLENT EDUCATION DEVELOPMENT, INC. ERISA 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXCELLENT EDUCATION DEVELOPMENT, INC. ERISA 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