Retirement plan

START UNION EMPLOYEES' RETIREMENT PLAN

Name: START TREATMENT & RECOVERY CENTERS - START UNION EMPLOYEES' RETIREMENT PLAN (2023) Form 5500
Creator: START TREATMENT & RECOVERY CENTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, START UNION EMPLOYEES' RETIREMENT PLAN, START TREATMENT & RECOVERY CENTERS

START TREATMENT & RECOVERY CENTERSEIN 13-2642451Plan #002PY 2023

937 FULTON STREET - BROOKLYN, NY 11238718-260-2451

Other plans on this EIN

1 filing

#001Retirement-$10.9M assets

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$3.7M

+0.4% from 2022

Total participants

140

+4.5% from 2022

Average account balance

$33,410

+0.4% from 2022

Annual return

12.13%

+23.27 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.00M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

109

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.

76.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$253K

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

+8.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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 3 by compensation

Provider	Service type	Compensation
HERITAGE PENSION ADVISORS, LLC3 years Filed as: HERITAGE ADMINISTRATIVE SERVICES LL Service code 49 · EIN 26-1662097	Other Services	$1,899
MORNINGSTAR5+ years Service code 27 · EIN 36-3297908	Advisory (Plan)	$1,809
VOYA RETIREMENT INSURANCE & ANNUITY5+ years Service code 27 · EIN 71-0294708	Advisory (Plan)	$1,809

Plan features & details

Pension benefit codes2A2C2G3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$27 / participant

Contract admin$2K100.0%

% of EOY assets

0.058%

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: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,410

$77,908-57.1%

$149,696-77.7%

$75,173-55.6%

Participation rate

65.0%

65.6%-0.6pp

78.8%-13.8pp

67.2%-2.2pp

Annual return

12.13%

31.73%-19.6pp

134.46%-122.3pp

160.72%-148.6pp

Employer contribution / active EE

$2,785

$3,138-11.2%

$4,821-42.2%

$2,671+4.3%

Participant deferral / active EE

$3,411-100.0%

$5,682-100.0%

$4,126-100.0%

Admin fee / account holder

$19

$5,950-99.7%

$13,212-99.9%

$5,651-99.7%

Provider

Service type

Compensation

HERITAGE PENSION ADVISORS, LLC3 years

Filed as: HERITAGE ADMINISTRATIVE SERVICES LL

Service code 49 · EIN 26-1662097

Other Services

$1,899

MORNINGSTAR5+ years

Service code 27 · EIN 36-3297908

Advisory (Plan)

$1,809

VOYA RETIREMENT INSURANCE & ANNUITY5+ years

Service code 27 · EIN 71-0294708

Advisory (Plan)

$1,809

START UNION EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

START UNION EMPLOYEES' RETIREMENT 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