Retirement plan

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

Name: EXCELLENT EDUCATION DEVELOPMENT, INC. - EXCELLENT EDUCATION DEVELOPMENT, INC. ERISA 403(B) PLAN (2017) 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 2017

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)

$3.8M

+25.9% from 2016

Total participants

103

-1.0% from 2016

Average account balance

$44,604

+30.3% from 2016

Annual return

14.67%

+5.27 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

$124K

$1507 / participant

Other / not subdivided$124K100.0%

% of EOY assets

3.260%

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

$44,604

$85,766-48.0%

$136,298-67.3%

$70,126-36.4%

Participation rate

78.0%

74.2%+3.9pp

81.9%-3.9pp

69.5%+8.5pp

Annual return

14.67%

31.46%-16.8pp

5156.27%-5141.6pp

73.15%-58.5pp

Employer contribution / active EE

$1,245

$2,966-58.0%

$4,696-73.5%

$2,343-46.8%

Participant deferral / active EE

$4,295

$5,051-15.0%

$6,247-31.2%

$3,332+28.9%

Admin fee / account holder

$1,454

$5,421-73.2%

$9,244-84.3%

$4,645-68.7%

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