Retirement plan

THE CHILD CENTER OF NY, INC. 401(K) PLAN

Name: THE CHILD CENTER OF NY, INC. - THE CHILD CENTER OF NY, INC. 401(K) PLAN (2019) Form 5500
Creator: THE CHILD CENTER OF NY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CHILD CENTER OF NY, INC. 401(K) PLAN, THE CHILD CENTER OF NY, INC.

THE CHILD CENTER OF NY, INC.EIN 11-1733454Plan #003PY 2019

118-35 QUEENS BLVD - FOREST HILLS, NY 11375718-651-7770childcenterny.orgLinkedIn501-1000 employeescivic & social organization

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$13.7M

No prior year

Total participants

988

No prior year

Average account balance

$38,803

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 3,878 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,878 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.66M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

553

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.

35.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$199

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
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE Service code 19 4211 S. 102ND ST · OMAHA, NE 68127	Securities Custodian	$28,374

Plan features & details

Pension benefit codes2E2G2J2T3D

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$28K

$33 / participant

Contract admin$28K99.6%
Other / not subdivided$1000.4%

% of EOY assets

0.208%

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: PKF O'CONNOR DAVIES
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,803

$62,928-38.3%

$172,752-77.5%

$67,579-42.6%

Participation rate

27.4%

64.5%-37.0pp

82.6%-55.2pp

71.3%-43.8pp

Annual return

0.00%

30.36%-30.4pp

802.97%-803.0pp

378.56%-378.6pp

Employer contribution / active EE

$1,636

$1,6360%

$5,144-68.2%

$2,148-23.8%

Participant deferral / active EE

$673

$2,145-68.6%

$5,198-87.1%

$3,539-81.0%

Admin fee / account holder

$81

$167-51.6%

$13,955-99.4%

$142-43.3%

Provider

Service type

Compensation

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE

Service code 19

4211 S. 102ND ST · OMAHA, NE 68127

Securities Custodian

$28,374

THE CHILD CENTER OF NY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CHILD CENTER OF NY, INC. 401(K) 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