Retirement plan

FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, INC. RETIREMENT PLAN

Name: FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, I - FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, INC. RETIREMENT PLAN (2016) Form 5500
Creator: FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, I
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, INC. RETIREMENT PLAN, FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, I

FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, IEIN 16-0975006Plan #001PY 2016

10 N. MAIN ST. - CORTLAND, NY 13045607-753-0234fcscortland.comLinkedIn51-200 employeesmental health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+14.4% from 2015

Total participants

+15.1% from 2015

Average account balance

$18,033

+2.9% from 2015

Annual return

11.68%

+11.33 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.20M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

181

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$617K

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

1 tripped

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

$245K

$3314 / participant

Other / not subdivided$245K100.0%

% of EOY assets

13.737%

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

$18,033

$77,638-76.8%

$156,551-88.5%

$62,881-71.3%

Participation rate

100.0%

71.2%+28.8pp

84.0%+16.0pp

69.3%+30.7pp

Annual return

11.68%

50.33%-38.6pp

32.23%-20.5pp

20.14%-8.5pp

Employer contribution / active EE

$1,933

$3,444-43.9%

$5,501-64.9%

$2,281-15.3%

Participant deferral / active EE

$1,962

$3,046-35.6%

$4,871-59.7%

$3,203-38.7%

Admin fee / account holder

$2,477

$5,561-55.5%

$13,028-81.0%

$4,296-42.3%

FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAMILY COUNSELING SERVICES OF CORTLAND COUNTY, INC. 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