Retirement plan

EMPLOYEE BENEFIT PLAN OF PARENTS FOUNDATION FOR TRANSITIONAL LIVING, INC.

Name: PARENTS FOUNDATION FOR TRANSITIONAL LIVING, INC. - EMPLOYEE BENEFIT PLAN OF PARENTS FOUNDATION FOR TRANSITIONAL LIVING, INC. (2019) Form 5500
Creator: PARENTS FOUNDATION FOR TRANSITIONAL LIVING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF PARENTS FOUNDATION FOR TRANSITIONAL LIVING, INC., PARENTS FOUNDATION FOR TRANSITIONAL LIVING, INC.

PARENTS FOUNDATION FOR TRANSITIONAL LIVING, INC.EIN 06-1308203Plan #001PY 2019

100 BROADWAY - NEW HAVEN, CT 065113412203-776-3236parentsfoundation.orgLinkedIn11-50 employeesmental health care

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$291K

+30.2% from 2018

Total participants

+4.3% from 2018

Average account balance

$12,669

+30.2% from 2018

Annual return

21.12%

+24.49 pp from 2018

Benchmarks

See 104,312 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$397K

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$651

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 codes2F2G2T3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$36K

$2769 / participant

Other / not subdivided$36K100.0%

% of EOY assets

12.354%

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

$12,669

$202,345-93.7%

$172,755-92.7%

$152,885-91.7%

Participation rate

92.3%

87.1%+5.2pp

82.6%+9.7pp

82.5%+9.9pp

Annual return

21.12%

1029.77%-1008.7pp

802.94%-781.8pp

345.39%-324.3pp

Employer contribution / active EE

$1,247

$5,858-78.7%

$5,144-75.8%

$4,763-73.8%

Participant deferral / active EE

$3,089

$5,948-48.1%

$5,198-40.6%

$5,851-47.2%

Admin fee / account holder

$1,565

$17,111-90.9%

$13,955-88.8%

$11,598-86.5%

EMPLOYEE BENEFIT PLAN OF PARENTS FOUNDATION FOR TRANSITIONAL LIVING, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF PARENTS FOUNDATION FOR TRANSITIONAL LIVING, 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