Retirement plan

SCRANTON COUNSELING CENTER 401(K) PROFIT SHARING PLAN

Name: SCRANTON COUNSELING CENTER - SCRANTON COUNSELING CENTER 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: SCRANTON COUNSELING CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCRANTON COUNSELING CENTER 401(K) PROFIT SHARING PLAN, SCRANTON COUNSELING CENTER

SCRANTON COUNSELING CENTEREIN 24-0795620Plan #003PY 2019

326 ADAMS AVENUE - SCRANTON, PA 185031604570-348-6100scrantonscc.orgLinkedIn201-500 employeesmental health care

Other plans on this EIN

1 filing

#002Retirement-$8.2M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$4.4M

+6.3% from 2018

Total participants

184

-5.6% from 2018

Average account balance

$24,385

+13.3% from 2018

Annual return

15.74%

+18.59 pp from 2018

Benchmarks

See 5,341 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,341 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.58M

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.

188

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+5.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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 2 by compensation

Provider	Service type	Compensation
KRONICK KALADA BERDY & CO., P.C.1 year Filed as: KRONICK KALADA BERDY CO. Service code 99 · EIN 23-2667890 190 LATHROP STREET · KINGSTON, PA 18072	Other Fees	$7,097
VOYA RETIREMENT INSURANCE & ANNUITY5+ years Filed as: VOYA LIFE INSURANCE & ANNUITY CO. Service code 27 · EIN 71-0294708	Advisory (Plan)	$2,113

Plan features & details

Pension benefit codes2E2F2G2J3D3H2T

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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$9K

$65 / participant

Contract admin$9K100.0%

% of EOY assets

0.194%

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: KRONICK, KALADA, BERDY & CO.
Auditor EIN: 232667890
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,385

$52,967-54.0%

$172,753-85.9%

$65,186-62.6%

Participation rate

98.5%

66.2%+32.3pp

82.6%+15.8pp

70.2%+28.3pp

Annual return

15.74%

30.12%-14.4pp

803.00%-787.3pp

29.39%-13.6pp

Employer contribution / active EE

$1,508

$2,190-31.2%

$5,144-70.7%

$2,177-30.7%

Participant deferral / active EE

$657

$2,471-73.4%

$5,198-87.4%

$3,514-81.3%

Admin fee / account holder

$47

$472-90.0%

$13,956-99.7%

$847-94.4%

Provider

Service type

Compensation

KRONICK KALADA BERDY & CO., P.C.1 year

Filed as: KRONICK KALADA BERDY CO.

Service code 99 · EIN 23-2667890

190 LATHROP STREET · KINGSTON, PA 18072

Other Fees

$7,097

VOYA RETIREMENT INSURANCE & ANNUITY5+ years

Filed as: VOYA LIFE INSURANCE & ANNUITY CO.

Service code 27 · EIN 71-0294708

Advisory (Plan)

$2,113

SCRANTON COUNSELING CENTER 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCRANTON COUNSELING CENTER 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