Retirement plan

WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, INC. PROFIT SHARING PLAN

Name: WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, INC. - WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, INC. PROFIT SHARING PLAN, WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, INC.

WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, INC.EIN 14-1495169Plan #001PY 2017

3043 STATE ROUTE 4 - HUDSON FALLS, NY 12839518-747-2284

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.3M

+0.7% from 2016

Total participants

159

-0.6% from 2016

Average account balance

$34,268

-3.5% from 2016

Annual return

12.40%

+2.51 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.81M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

116

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.

81.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$268K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+19.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1832

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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 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

$4K

$28 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.124%

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: WHITTEMORE, DOWEN & RICCIARDELLI
Auditor EIN: 820548504
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,268

$55,453-38.2%

$170,439-79.9%

$62,293-45.0%

Participation rate

55.6%

66.4%-10.8pp

83.6%-28.0pp

69.5%-14.0pp

Annual return

12.40%

21.38%-9.0pp

205.94%-193.5pp

28.90%-16.5pp

Employer contribution / active EE

$481

$2,164-77.8%

$5,433-91.1%

$2,042-76.5%

Participant deferral / active EE

$493

$2,303-78.6%

$4,939-90.0%

$3,169-84.5%

Admin fee / account holder

$42

$455-90.7%

$13,881-99.7%

$479-91.2%

WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WARREN-WASHINGTON ASSOCIATION FOR MENTAL HEALTH, 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