Retirement plan

THE CHRYSALIS CENTER, INC. 401K PLAN

Name: THE CHRYSALIS CENTER, INC. - THE CHRYSALIS CENTER, INC. 401K PLAN (2017) Form 5500
Creator: THE CHRYSALIS CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CHRYSALIS CENTER, INC. 401K PLAN, THE CHRYSALIS CENTER, INC.

THE CHRYSALIS CENTER, INC.EIN 20-1966531Plan #001PY 2017

3800 WEST BROWARD BOULEVARD, SUITE 100 - FORT LAUDERDALE, FL 33312954-587-1008centrodavidsanchez.comLinkedIn1-10 employees

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.8M

+32.4% from 2016

Total participants

479

+6.0% from 2016

Average account balance

$26,823

-3.1% from 2016

Annual return

17.74%

+6.29 pp from 2016

Benchmarks

See 808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort808 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.75M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

287

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.

37.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.57M

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

+15.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$273

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 4 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NORTHWESTERN MUTUAL INV. SRVCS Service code 26 ATTN IPS COMPENSATION · MILWAUKEE, WI 53202	Advisory (Participants)	$47,048
NATIONWIDE1 year Service code 18 · EIN 31-1592130	Direct payment from the plan; Partici...	$29,427
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NORTHWESTERN MUT INV SRV LLC Service code 26 ATTN IPS COMPENSATION · MILWAUKEE, WI 53202	Advisory (Participants)	$6,100
EJREYNOLDS, INC.1 year Filed as: EJ REYNOLDS, INC. Service code 15 9050 PINES BOULEVARD · PEMBROKE PINES, FL 330246461	Recordkeeping	$1,400

Plan features & details

Pension benefit codes2F2G2J3D2T2K2E

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

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: PRICEKUBECKA, PLLC
Auditor EIN: 752783674
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,823

$46,100-41.8%

$86,582-69.0%

$69,631-61.5%

Participation rate

36.6%

67.2%-30.5pp

73.5%-36.9pp

70.7%-34.1pp

Annual return

17.74%

21.02%-3.3pp

965.08%-947.3pp

27571.02%-27553.3pp

Employer contribution / active EE

$697

$1,850-62.3%

$2,839-75.5%

$2,032-65.7%

Participant deferral / active EE

$1,184

$2,432-51.3%

$3,609-67.2%

$3,224-63.3%

Admin fee / account holder

$94-100.0%

$4,904-100.0%

$110-100.0%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NORTHWESTERN MUTUAL INV. SRVCS

Service code 26

ATTN IPS COMPENSATION · MILWAUKEE, WI 53202

Advisory (Participants)

$47,048

NATIONWIDE1 year

Service code 18 · EIN 31-1592130

Direct payment from the plan; Partici...

$29,427

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NORTHWESTERN MUT INV SRV LLC

Service code 26

ATTN IPS COMPENSATION · MILWAUKEE, WI 53202

Advisory (Participants)

$6,100

EJREYNOLDS, INC.1 year

Filed as: EJ REYNOLDS, INC.

Service code 15

9050 PINES BOULEVARD · PEMBROKE PINES, FL 330246461

Recordkeeping

$1,400

THE CHRYSALIS CENTER, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THE CHRYSALIS CENTER, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion