Retirement plan

FAMILY PLANNING ADVOCATES OF NEW YORK STATE, INC 401 K PROFIT SHARING PLAN

Name: FAMILY PLANNING ADVOCATES OF - FAMILY PLANNING ADVOCATES OF NEW YORK STATE, INC 401 K PROFIT SHARING PLAN (2016) Form 5500
Creator: FAMILY PLANNING ADVOCATES OF
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAMILY PLANNING ADVOCATES OF NEW YORK STATE, INC 401 K PROFIT SHARING PLAN, FAMILY PLANNING ADVOCATES OF

FAMILY PLANNING ADVOCATES OFEIN 14-1593876Plan #003PY 2016

194 WASHINGTON AVENUE, SUITE 620 - ALBANY, NY 12210518-436-8408ppesacts.orgLinkedIn1-10 employeesgovernment relations

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$408K

-55.4% from 2015

Total participants

-11.1% from 2015

Average account balance

$37,056

-27.0% from 2015

Annual return

6.44%

+6.69 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$822K

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$94K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+11.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18738

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 codes2E2F2G2J3D

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.
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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$610K

$87102 / participant

Other / not subdivided$610K100.0%

% of EOY assets

149.579%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,056

$181,896-79.6%

$156,551-76.3%

$273,972-86.5%

Participation rate

28.6%

88.4%-59.8pp

84.0%-55.4pp

83.0%-54.4pp

Annual return

6.44%

30.74%-24.3pp

32.23%-25.8pp

41.46%-35.0pp

Employer contribution / active EE

$3,035

$6,248-51.4%

$5,501-44.8%

$4,869-37.7%

Participant deferral / active EE

$3,344

$5,550-39.8%

$4,871-31.4%

$5,287-36.8%

Admin fee / account holder

$55,429

$15,560+256.2%

$13,028+325.5%

$10,133+447.0%

FAMILY PLANNING ADVOCATES OF NEW YORK STATE, INC 401 K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAMILY PLANNING ADVOCATES OF NEW YORK STATE, INC 401 K 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