Retirement plan

POSITIVE BEGINNINGS, INC. PROFIT SHARING PLAN

Name: POSITIVE BEGINNINGS, INC. - POSITIVE BEGINNINGS, INC. PROFIT SHARING PLAN (2025) Form 5500
Creator: POSITIVE BEGINNINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POSITIVE BEGINNINGS, INC. PROFIT SHARING PLAN, POSITIVE BEGINNINGS, INC.

POSITIVE BEGINNINGS, INC.EIN 11-3420515Plan #001PY 2025

7125 MAIN STREET - FLUSHING, NY 11367718-261-0211positivebeginnings.orgLinkedIn1-10 employees

Prospect flagsHigh retiree %Corrective distributions

How to read this page

Total assets (EOY)

$18.7M

+7.6% from 2024

Total participants

292

+22.7% from 2024

Average account balance

$64,100

-23.0% from 2024

Annual return

10.99%

-1.28 pp from 2024

Benchmarks

See 994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort994 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.72M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

292

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL4 years Service code 37 · EIN 04-2644786	Loan Processing	$31,080
VOYA RETIREMENT INSURANCE & ANNUITY3 years Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 49 · EIN 71-0294708	Other Services	$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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$31K

$175 / participant

Recordkeeping$31K100.0%

% of EOY assets

0.166%

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: TMI CPA, PC
Auditor EIN: 472426908
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,100

$43,749+46.5%

$158,223-59.5%

$65,306-1.8%

Participation rate

100.0%

56.9%+43.1pp

79.2%+20.8pp

57.7%+42.3pp

Annual return

10.99%

19.41%-8.4pp

52.09%-41.1pp

21.94%-10.9pp

Employer contribution / active EE

$3,939

$1,497+163.1%

$4,109-4.1%

$1,967+100.2%

Participant deferral / active EE

$1,692

$2,019-16.2%

$5,467-69.1%

$2,959-42.8%

Admin fee / account holder

$106

$1,930-94.5%

$16,047-99.3%

$3,480-96.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Service code 37 · EIN 04-2644786

Loan Processing

$31,080

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Filed as: VOYA RETIREMENT INS AND ANNUITY CO

Service code 49 · EIN 71-0294708

Other Services

POSITIVE BEGINNINGS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POSITIVE BEGINNINGS, INC. PROFIT SHARING 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