Retirement plan

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.

Name: NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. - 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. (2018) Form 5500
Creator: NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC., NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.

NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.EIN 04-2680339Plan #001PY 2018

203 EAST ST - EASTHAMPTON, MA 01027413-529-7777LinkedIn1-10 employeesprimary/secondary education

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$3.3M

+9.9% from 2017

Total participants

253

+21.1% from 2017

Average account balance

$13,927

-25.5% from 2017

Annual return

7.68%

-3.48 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.30M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

182

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.

71.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$239K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$76

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 1 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK2 years Service code 99 · EIN 04-2675571	Other Fees	$13,773

Plan features & details

Pension benefit codes2F2S2T3D

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).
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$34 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.130%

all-in expense ratio

Categories reported

0 / 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: MEYERS BROTHERS KALICKA, P.C.
Auditor EIN: 042713795
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,927

$47,977-71.0%

$154,108-91.0%

$56,289-75.3%

Participation rate

89.1%

66.2%+22.9pp

83.0%+6.0pp

69.9%+19.2pp

Annual return

7.68%

3.54%+4.1pp

735.21%-727.5pp

-9.96%+17.6pp

Employer contribution / active EE

$432

$2,169-80.1%

$5,298-91.8%

$2,111-79.5%

Participant deferral / active EE

$2,011

$2,392-15.9%

$5,081-60.4%

$3,350-40.0%

Admin fee / account holder

$18

$438-95.9%

$13,411-99.9%

$521-96.5%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK2 years

Service code 99 · EIN 04-2675571

Other Fees

$13,773

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, 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