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 (2022) 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 2022

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)

$19.9M

-5.5% from 2021

Total participants

1,225

+6.9% from 2021

Average account balance

$29,705

-27.5% from 2021

Annual return

-13.24%

-35.90 pp from 2021

Benchmarks

See 3,875 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,875 peers

Snapshot2022

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.4+ years Filed as: TD AMERITRADE Service code 19 4211 S. 102ND ST · OMAHA, NE 68127	Securities Custodian	$95,059

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

$95K

$107 / participant

Contract admin$95K100.0%

% of EOY assets

0.478%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,705

$46,332-35.9%

$143,799-79.3%

$64,819-54.2%

Participation rate

37.3%

64.2%-27.0pp

80.3%-43.0pp

71.5%-34.2pp

Annual return

-13.24%

-10.05%-3.2pp

-0.04%-13.2pp

32.84%-46.1pp

Employer contribution / active EE

$2,325

$1,911+21.6%

$4,952-53.1%

$2,507-7.3%

Participant deferral / active EE

$738

$2,647-72.1%

$5,638-86.9%

$4,311-82.9%

Admin fee / account holder

$142

$154-7.8%

$14,677-99.0%

$188-24.5%

Provider

Service type

Compensation

TD AMERITRADE, INC.4+ years

Filed as: TD AMERITRADE

Service code 19

4211 S. 102ND ST · OMAHA, NE 68127

Securities Custodian

$95,059

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