Retirement plan

PSYCHOTHERAPEUTIC 401(K) PROFIT SHARING PLAN AND TRUST

Name: PSYCHOTHERAPEUTIC EVALUATIONAL PROGRAMS, INC. - PSYCHOTHERAPEUTIC 401(K) PROFIT SHARING PLAN AND TRUST (2020) 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 2020

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.8M

+58.7% from 2019

Total participants

191

-22.0% from 2019

Average account balance

$25,134

+100.3% from 2019

Annual return

24.61%

+4.36 pp from 2019

Benchmarks

See 1,462 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,462 peers

Snapshot2020

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 5 by compensation

Provider	Service type	Compensation
BONADIO & CO., LLP2 years Filed as: BONADIO & CO LLP Service code 10 · EIN 16-1131146	Accounting	$10,500
SIGNATURE PENSION CONSULTING SERVIC2 years Service code 15 · EIN 04-3838205	Recordkeeping	$5,967
ROYAL ALLIANCE ASSOCIATES INC1 year Filed as: ROYAL ALLIANCE ASSOCIATES, INC. Service code 27 10 EXCHANGE PLACE · JERSEY CITY, NJ 07302	Advisory (Plan)	$5,465
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$490
ADP BROKER-DEALER6+ years Service code 49 · EIN 22-3319984	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$29K

$195 / participant

Other / not subdivided$29K100.0%

% of EOY assets

0.604%

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

$25,134

$65,322-61.5%

$70,494-64.3%

$73,497-65.8%

Participation rate

100.0%

77.0%+23.0pp

75.1%+24.9pp

70.7%+29.3pp

Annual return

24.61%

15.71%+8.9pp

109.16%-84.6pp

28.51%-3.9pp

Employer contribution / active EE

$5,638

$2,460+129.2%

$2,738+105.9%

$2,270+148.3%

Participant deferral / active EE

$2,549

$3,375-24.5%

$3,711-31.3%

$3,740-31.8%

Admin fee / account holder

$152

$214-29.1%

$3,848-96.1%

$513-70.4%

Provider

Service type

Compensation

BONADIO & CO., LLP2 years

Filed as: BONADIO & CO LLP

Service code 10 · EIN 16-1131146

Accounting

$10,500

SIGNATURE PENSION CONSULTING SERVIC2 years

Service code 15 · EIN 04-3838205

Recordkeeping

$5,967

ROYAL ALLIANCE ASSOCIATES INC1 year

Filed as: ROYAL ALLIANCE ASSOCIATES, INC.

Service code 27

10 EXCHANGE PLACE · JERSEY CITY, NJ 07302

Advisory (Plan)

$5,465

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$490

ADP BROKER-DEALER6+ years

Service code 49 · EIN 22-3319984

Other Services

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