Original filing (PDF)20251003070812NAL0001892368001

VARIETY CHILD LEARNING CENTER

Name: VARIETY CHILD LEARNING CENTER — 403(B) TAX DEFERRED ANNUITY PLAN FOR EMPLOYEES OF VARIETY CHILD LEARNING CENTER, Form 5500 (2024)
Creator: VARIETY CHILD LEARNING CENTER

Form 5500

FILING_RECEIVED

403(B) TAX DEFERRED ANNUITY PLAN FOR EMPLOYEES OF VARIETY CHILD LEARNING CENTER

403(b) retirement plan

Active participants

388

Accounts w/ balance

283

Plan assets (EOY)

$18.3M

Net assets (EOY)

$18.3M

How this plan invests

This plan

1 pooled trust

Schedule D

42 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

100

Participation health

100

Knocking points off

44 bps in Schedule C fees — 52% above peer band of 29 bps.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for VARIETY CHILD LEARNING CENTER.

Plan sponsor

Name

VARIETY CHILD LEARNING CENTER

EIN

11-2157326

Address

47 HUMPHREY DRIVE · SYOSSET, NY · 11791

Phone

(516) 921-7171

Industry

Health Care & Social Assistancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

003

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-03

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2L · 403(b)(1) annuity

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

CERINI & ASSOCIATES LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

3 rows

Custodian

Name	EIN	Location	Relation	Direct comp	Indirect comp
CHARLES SCHWAB & CO., INC.	94-1737782	—	CUSTODIAN TRUSTEE	$6K	—

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
SENTINEL BENEFITS GROUP, LLC	20-5916766	WAKEFIELD, MA	RECORDKEEPER	$30K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
SENTINEL PENSION ADVISORS	04-3422848	WAKEFIELD, MA	INVESTMENT ADVISOR	$45K	—

Investments

42 direct securities · 1 pooled fund· $19.3M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.

Uncategorized

$18.3M

42 holdings

Pooled Separate Account

$994K

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
Vanguard Target Retirement 2025 Fund {+}	—	—	—	$2.4M	13.3%
Vanguard 500 Index FD Admiral Shares {+}	—	—	—	$2.4M	12.9%
New York Life Guaranteed Interest Account Guaranteed Interest Account - Fully Benefit-Responsive {+}	—	—	—	$2.0M	10.8%
Principal Blue Chip CL R6 {+}	—	—	—	$1.8M	10.1%
Vanguard Target Retirement 2035 Fund {+}	—	—	—	$1.6M	9.0%
Vanguard Target Retirement 2030 Fund {+}	—	—	—	$1.3M	7.3%
Mutual of America Life Insurance Company Mutual of America General Account Fund {+}	—	—	—	$1.2M	6.7%
SEPARATE ACCOUNT NUMBER FS2 MUTUAL OF AMERICA · EIN 13-1614399 / PN 000	Pooled Separate Account	—	—	$994K	5.4%
Vanguard Target Retirement 2040 Fund {+}	—	—	—	$776K	4.2%
Vanguard Target Retirement 2045 Fund {+}	—	—	—	$754K	4.1%
Vanguard Target Retirement 2020 Fund {+}	—	—	—	$523K	2.9%
Vanguard Target Retirement 2050 Fund {+}	—	—	—	$430K	2.4%
Vanguard Equity Inc Fd Admiral Shs {+}	—	—	—	$332K	1.8%
Vanguard Target Retirement 2055 Fund {+}	—	—	—	$255K	1.4%
Fidelity VIP Contrafund Portfolio {+}	—	—	—	$243K	1.3%
Janus Enterprise Janus Enterprise Fund CL N {+}	—	—	—	$214K	1.2%
Calvert Balanced Port CL I {+}	—	—	—	$182K	1.0%
Vanguard Mid Cap Index Fund Admiral {+}	—	—	—	$175K	1.0%
Fidelity Total Bond K6 {+}	—	—	—	$170K	0.9%
Mutual of America Life Insurance Company Mutual of America Equity Index Fund {+}	—	—	—	$162K	0.9%
Vanguard Target Retirement 2060 Fund {+}	—	—	—	$143K	0.8%
Vanguard Intl Stock Index Admiral {+}	—	—	—	$121K	0.7%
DWS Deutsche VSI Capital Growth VIP {+}	—	—	—	$120K	0.7%
Mutual of America Life Insurance Company Mutual of America 2020 Retirement Fund {+}	—	—	—	$116K	0.6%
Fidelity VIP Asset Manager Portfolio {+}	—	—	—	$107K	0.6%
Vanguard Small Cap Growth Index Admiral {+}	—	—	—	$91K	0.5%
Vanguard Small Cap Value Index Admiral {+}	—	—	—	$60K	0.3%
Vanguard Real Estate Index Admiral {+}	—	—	—	$57K	0.3%
Cash - interest bearing {+} 108 * Note receivable from participant Interest rate of 9.5% {+}	—	—	—	$55K	0.3%
MFS Mid Cap Value FD CL R6 {+}	—	—	—	$54K	0.3%
Blackrock Strat Incm Oppty Port K {+}	—	—	—	$47K	0.3%
Vanguard VIF International {+}	—	—	—	$46K	0.3%
Mutual of America Life Insurance Company Mutual of America Moderate Allocation Fund {+}	—	—	—	$39K	0.2%
Mutual of America Life Insurance Company Mutual of America Mid-Cap Equity Index Fund {+}	—	—	—	$37K	0.2%
Mutual of America Life Insurance Company Mutual of America Small-Cap Growth Fund {+}	—	—	—	$35K	0.2%
Mutual of America Life Insurance Company Mutual of America Composite Fund {+}	—	—	—	$29K	0.2%
Mutual of America Life Insurance Company Mutual of America Small-Cap Value Fund {+}	—	—	—	$28K	0.2%
Mutual of America Life Insurance Company Mutual of America Bond Fund {+}	—	—	—	$19K	0.1%
Vanguard Vanguart Target Retirement 2070 Fund {+} 70 * Vanguard Target Retirement Income Fund {+}	—	—	—	$19K	0.1%
Vanguard Target Retirement 2065 Fund {+}	—	—	—	$18K	<0.1%
Mutual of America Life Insurance Company Mutual of America All America Fund {+}	—	—	—	$7K	<0.1%
Mutual of America Life Insurance Company Mutual of America Mid-Term Bond Fund {+}	—	—	—	$4K	<0.1%
Fidelity VIP Equity Income Portfolio {+}	—	—	—	$2K	<0.1%