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 (2021) 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 2021

118-35 QUEENS BLVD, 6TH FLOOR - FOREST HILLS, NY 11375718-651-7770childcenterny.orgLinkedIn501-1000 employeescivic & social organization

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$21.1M

+37.3% from 2020

Total participants

1,146

+11.5% from 2020

Average account balance

$40,982

-6.0% from 2020

Annual return

22.66%

+19.51 pp from 2020

Benchmarks

See 3,802 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,802 peers

Snapshot2021

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.3+ years Filed as: TD AMERITRADE Service code 19 4211 S. 102ND ST · OMAHA, NE 68127	Securities Custodian	$70,239

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

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

$70K

$77 / participant

Contract admin$70K100.0%

% of EOY assets

0.333%

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, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,982

$56,511-27.5%

$185,837-77.9%

$86,813-52.8%

Participation rate

30.3%

65.5%-35.2pp

81.7%-51.4pp

72.3%-42.0pp

Annual return

22.66%

118.12%-95.5pp

122.08%-99.4pp

97.93%-75.3pp

Employer contribution / active EE

$2,553

$1,844+38.5%

$5,168-50.6%

$2,406+6.1%

Participant deferral / active EE

$716

$2,554-72.0%

$5,568-87.2%

$4,131-82.7%

Admin fee / account holder

$137

$150-8.7%

$16,241-99.2%

$170-19.4%

Provider

Service type

Compensation

TD AMERITRADE, INC.3+ years

Filed as: TD AMERITRADE

Service code 19

4211 S. 102ND ST · OMAHA, NE 68127

Securities Custodian

$70,239

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