Retirement plan

THE CHILDREN'S STUDY HOME, INC. 401(K) RETIREMENT PLAN

Name: THE CHILDREN'S STUDY HOME, INC. - THE CHILDREN'S STUDY HOME, INC. 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: THE CHILDREN'S STUDY HOME, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CHILDREN'S STUDY HOME, INC. 401(K) RETIREMENT PLAN, THE CHILDREN'S STUDY HOME, INC.

THE CHILDREN'S STUDY HOME, INC.EIN 04-2105939Plan #001PY 2022

44 SHERMAN ST. - SPRINGFIELD, MA 011093517413-739-5626helixhumanservices.orgLinkedIn51-200 employeesindividual & family services

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.3M

-13.5% from 2021

Total participants

255

-2.3% from 2021

Average account balance

$18,674

-15.5% from 2021

Annual return

-11.56%

-37.60 pp from 2021

Benchmarks

See 1,742 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,742 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.73M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

185

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.

46.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$216K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+15.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$65

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 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.6 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$12,590
TBS AGENCY INC6 years Service code 53 · EIN 52-1473914	Insurance Commissions	$5,386
ADP BROKER-DEALER6 years Filed as: PENSION CONSULTANTS Service code 13 · EIN 06-1504963	Contract Administrator	$1,760

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$13K

$89 / participant

Investment mgmt$10K77.0%
Contract admin$3K23.0%

% of EOY assets

0.383%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MP P.C.
Auditor EIN: 043191789
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,674

$51,226-63.5%

$82,744-77.4%

$66,938-72.1%

Participation rate

44.0%

67.9%-23.9pp

72.6%-28.6pp

69.8%-25.8pp

Annual return

-11.56%

-9.61%-2.0pp

702.22%-713.8pp

1.58%-13.1pp

Employer contribution / active EE

$780

$2,612-70.1%

$3,008-74.1%

$2,545-69.3%

Participant deferral / active EE

$547

$3,460-84.2%

$4,395-87.5%

$4,238-87.1%

Admin fee / account holder

$72

$416-82.8%

$5,325-98.7%

$594-87.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.6 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$12,590

TBS AGENCY INC6 years

Service code 53 · EIN 52-1473914

Insurance Commissions

$5,386

ADP BROKER-DEALER6 years

Filed as: PENSION CONSULTANTS

Service code 13 · EIN 06-1504963

Contract Administrator

$1,760

THE CHILDREN'S STUDY HOME, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CHILDREN'S STUDY HOME, INC. 401(K) RETIREMENT 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