Retirement plan

THE LAKES REGION MENTAL HEALTH CENTER, INC.

Name: THE LAKES REGION MENTAL HEALTH CENTER, INC. - THE LAKES REGION MENTAL HEALTH CENTER, INC. (2016) Form 5500
Creator: THE LAKES REGION MENTAL HEALTH CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LAKES REGION MENTAL HEALTH CENTER, INC., THE LAKES REGION MENTAL HEALTH CENTER, INC.

THE LAKES REGION MENTAL HEALTH CENTER, INC.dba GENESIS BEHAVIORAL HEALTHEIN 02-0272138Plan #001PY 2016

111 CHURCH ST. - LACONIA, NH 032463432603-524-1100lrmhc.orgLinkedIn51-200 employeesmental health care

Other plans on this EIN

1 filing

#002Retirement-$1.9M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.3M

+7.5% from 2015

Total participants

228

-4.2% from 2015

Average account balance

$25,346

+20.3% from 2015

Annual return

6.63%

+6.40 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.73M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

241

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.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$871K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$153

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 2 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP2+ years Service code 12 · EIN 93-1253576	Direct payment from the plan; Custodi...	$24,733
SECURITIES AMERICA INC2+ years Filed as: SECURITIES AMERICA ADVISORS,INC. Service code 27 · EIN 47-0648506	Advisory (Plan)	$8,059

Plan features & details

Pension benefit codes2F2G2L2T2M

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$31K

$161 / participant

Contract admin$31K100.0%

% of EOY assets

0.734%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KITTELL BRANAGAN & SARGENT CPA
Auditor EIN: 030302296
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,346

$46,732-45.8%

$156,551-83.8%

$55,167-54.1%

Participation rate

69.1%

65.8%+3.3pp

84.0%-14.9pp

69.0%+0.1pp

Annual return

6.63%

17.72%-11.1pp

32.23%-25.6pp

169.23%-162.6pp

Employer contribution / active EE

$418

$2,105-80.1%

$5,501-92.4%

$1,963-78.7%

Participant deferral / active EE

$1,871

$2,204-15.1%

$4,871-61.6%

$3,054-38.8%

Admin fee / account holder

$186

$418-55.5%

$13,028-98.6%

$504-63.1%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP2+ years

Service code 12 · EIN 93-1253576

Direct payment from the plan; Custodi...

$24,733

SECURITIES AMERICA INC2+ years

Filed as: SECURITIES AMERICA ADVISORS,INC.

Service code 27 · EIN 47-0648506

Advisory (Plan)

$8,059

THE LAKES REGION MENTAL HEALTH CENTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LAKES REGION MENTAL HEALTH CENTER, 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