Retirement plan

NORTHEAST TREATMENT CENTERS EMPLOYEE MONEY PURCHASE PENSION PLAN

Name: NORTHEAST TREATMENT CENTERS INC. - NORTHEAST TREATMENT CENTERS EMPLOYEE MONEY PURCHASE PENSION PLAN (2018) Form 5500
Creator: NORTHEAST TREATMENT CENTERS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHEAST TREATMENT CENTERS EMPLOYEE MONEY PURCHASE PENSION PLAN, NORTHEAST TREATMENT CENTERS INC.

NORTHEAST TREATMENT CENTERS INC.EIN 23-1728478Plan #001PY 2018

499 N 5TH ST STE A - PHILADELPHIA, PA 19123215-451-7022netcenters.orgLinkedIn501-1000 employeesmental health care

Other plans on this EIN

1 filing

#002Retirement-$2.5M assets

Prospect flagsLow participationLow participant contribution

Top hat statement on fileNQDC

Filed January 18, 2022

Plan administrator

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499 N. 5th Street

Philadelphia, PA 19123

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Plans declared (1)

Plan name not on file1 emp

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Total assets (EOY)

$7.4M

+11.0% from 2017

Total participants

732

+13.3% from 2017

Average account balance

$17,873

-4.8% from 2017

Annual return

7.61%

+0.58 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.92%

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

0 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC Service code 26 · EIN 04-3046611	Advisory (Participants)	$18,814
AMERICAN UNITED LIFE INSURANCE CO2 years Service code 15 · EIN 35-0145825	Recordkeeping	$14,319

Plan features & details

Pension benefit codes2A2C2F2G2T3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$27K

$40 / participant

Contract admin$27K100.0%

% of EOY assets

0.357%

all-in expense ratio

Categories reported

1 / 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: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,873

$37,196-51.9%

$154,111-88.4%

$55,725-67.9%

Participation rate

52.0%

64.1%-12.0pp

83.0%-31.0pp

70.9%-18.8pp

Annual return

7.61%

1319.68%-1312.1pp

735.18%-727.6pp

244.93%-237.3pp

Employer contribution / active EE

$1,330

$1,614-17.6%

$5,298-74.9%

$2,078-36.0%

Participant deferral / active EE

$2,068-100.0%

$5,081-100.0%

$3,356-100.0%

Admin fee / account holder

$64

$102-37.2%

$13,411-99.5%

$115-44.6%

Provider

Service type

Compensation

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC

Service code 26 · EIN 04-3046611

Advisory (Participants)

$18,814

AMERICAN UNITED LIFE INSURANCE CO2 years

Service code 15 · EIN 35-0145825

Recordkeeping

$14,319

NORTHEAST TREATMENT CENTERS EMPLOYEE MONEY PURCHASE PENSION PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHEAST TREATMENT CENTERS EMPLOYEE MONEY PURCHASE PENSION PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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