Retirement plan

PSYCHOTHERAPEUTIC 401(K) PROFIT SHARING PLAN AND TRUST

Name: PSYCHOTHERAPEUTIC EVALUATIONAL PROGRAMS, INC. - PSYCHOTHERAPEUTIC 401(K) PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: PSYCHOTHERAPEUTIC EVALUATIONAL PROGRAMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PSYCHOTHERAPEUTIC 401(K) PROFIT SHARING PLAN AND TRUST, PSYCHOTHERAPEUTIC EVALUATIONAL PROGRAMS, INC.

PSYCHOTHERAPEUTIC EVALUATIONAL PROGRAMS, INC.EIN 11-3080875Plan #001PY 2019

8460 PARSONS BOULEVARD - JAMAICA, NY 11432718-298-6161

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$3M

+90.6% from 2018

Total participants

245

+3.4% from 2018

Average account balance

$12,551

+87.4% from 2018

Annual return

20.25%

+29.89 pp from 2018

Benchmarks

See 1,482 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,482 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.07M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

196

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$433

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 4 by compensation

Provider	Service type	Compensation
SIGNATURE PENSION CONSULTING SERVIC1 year Service code 17 · EIN 04-3838205	Pension Consulting	$12,268
BONADIO & CO., LLP1 year Filed as: BONADIO & CO LLP Service code 10 · EIN 16-1131146	Accounting	$7,700
ADP BROKER-DEALER5+ years Service code 49 · EIN 22-3319984	Other Services	$0
ADP BROKER-DEALER5+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$21K

$130 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.681%

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: BONADIO & CO, LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,551

$60,795-79.4%

$69,483-81.9%

$65,186-80.7%

Participation rate

97.5%

74.9%+22.6pp

74.6%+22.9pp

70.2%+27.3pp

Annual return

20.25%

17.46%+2.8pp

28.99%-8.7pp

29.39%-9.1pp

Employer contribution / active EE

$5,440

$2,452+121.9%

$2,780+95.7%

$2,177+149.9%

Participant deferral / active EE

$1,799

$3,162-43.1%

$3,537-49.1%

$3,514-48.8%

Admin fee / account holder

$85

$314-72.7%

$3,841-97.8%

$847-89.9%

Provider

Service type

Compensation

SIGNATURE PENSION CONSULTING SERVIC1 year

Service code 17 · EIN 04-3838205

Pension Consulting

$12,268

BONADIO & CO., LLP1 year

Filed as: BONADIO & CO LLP

Service code 10 · EIN 16-1131146

Accounting

$7,700

ADP BROKER-DEALER5+ years

Service code 49 · EIN 22-3319984

Other Services

ADP BROKER-DEALER5+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

PSYCHOTHERAPEUTIC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PSYCHOTHERAPEUTIC 401(K) PROFIT SHARING PLAN AND TRUST

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