Retirement plan

SCRANTON COUNSELING CENTER 401(K) PROFIT SHARING PLAN

Name: SCRANTON COUNSELING CENTER - SCRANTON COUNSELING CENTER 401(K) PROFIT SHARING PLAN (2024) 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 2024

329 CHERRY STREET - SCRANTON, PA 18505570-348-6100scrantonscc.orgLinkedIn201-500 employeesmental health care

Other plans on this EIN

1 filing

#002Retirement-$7.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.7M

+2.7% from 2023

Total participants

196

+0.5% from 2023

Average account balance

$24,389

+2.7% from 2023

Annual return

11.88%

-1.40 pp from 2023

Benchmarks

See 5,998 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,998 peers

Snapshot2024

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 4 by compensation

Provider	Service type	Compensation
KRONICK KALADA BERDY & CO., P.C.3 years Filed as: KRONICK KALADA BERDY Service code 99 · EIN 23-2667890 190 LATHROP STREET · KINGSTONE, PA 18704	Other Fees	$7,808
VOYA RETIREMENT INSURANCE & ANNUITY10+ years Filed as: VOYA LIFE INSURANCE & ANNUITY CO. Service code 27 · EIN 71-0294708 1 ORANGE WAY · WINDSOR, CT 06095	Advisory (Plan)	$2,330
MORNINGSTAR3 years Filed as: MORNINGSTAR- EIN #36-3297908 Service code 27	Advisory (Plan)	$2,321
VALLEY FORGE INVESTMENT CONSULTANTS10+ years Filed as: VALLEY FORGE PENSION MANAGEMENT Service code 49	Other Services	$2,272

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$10K

$80 / participant

Investment mgmt$8K78.6%
Contract admin$2K20.9%
Other / not subdivided$500.5%

% of EOY assets

0.211%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KRONICK, KALADA, BERDY & CO.
Auditor EIN: 232667890
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,389

$55,437-56.0%

$155,534-84.3%

$74,459-67.2%

Participation rate

97.6%

61.9%+35.7pp

78.2%+19.4pp

67.2%+30.4pp

Annual return

11.88%

269.58%-257.7pp

64.92%-53.0pp

1369.70%-1357.8pp

Employer contribution / active EE

$1,095

$2,266-51.7%

$4,675-76.6%

$2,626-58.3%

Participant deferral / active EE

$1,022

$2,837-64.0%

$5,630-81.8%

$4,350-76.5%

Admin fee / account holder

$51

$1,742-97.0%

$15,900-99.7%

$1,945-97.4%

Provider

Service type

Compensation

KRONICK KALADA BERDY & CO., P.C.3 years

Filed as: KRONICK KALADA BERDY

Service code 99 · EIN 23-2667890

190 LATHROP STREET · KINGSTONE, PA 18704

Other Fees

$7,808

VOYA RETIREMENT INSURANCE & ANNUITY10+ years

Filed as: VOYA LIFE INSURANCE & ANNUITY CO.

Service code 27 · EIN 71-0294708

1 ORANGE WAY · WINDSOR, CT 06095

Advisory (Plan)

$2,330

MORNINGSTAR3 years

Filed as: MORNINGSTAR- EIN #36-3297908

Service code 27

Advisory (Plan)

$2,321

VALLEY FORGE INVESTMENT CONSULTANTS10+ years

Filed as: VALLEY FORGE PENSION MANAGEMENT

Service code 49

Other Services

$2,272

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