Retirement plan

ERIE HOMES FOR CHILDREN & ADULTS, INC. 401(K) RETIREMENT SAVINGS PLAN

Name: ERIE HOMES FOR CHILDREN AND ADULTS, INC. - ERIE HOMES FOR CHILDREN & ADULTS, INC. 401(K) RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: ERIE HOMES FOR CHILDREN AND ADULTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ERIE HOMES FOR CHILDREN & ADULTS, INC. 401(K) RETIREMENT SAVINGS PLAN, ERIE HOMES FOR CHILDREN AND ADULTS, INC.

ERIE HOMES FOR CHILDREN AND ADULTS, INC.EIN 25-0967472Plan #002PY 2017

226 E 27TH STREET - ERIE, PA 165041006814-454-1534ehca.orgLinkedIn501-1000 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.7M

+19.4% from 2016

Total participants

622

+23.9% from 2016

Average account balance

$14,160

-15.4% from 2016

Annual return

13.52%

+12.71 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.65M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

651

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.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

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

+11.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$132

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 3 by compensation

Provider	Service type	Compensation
PNC BANK, N.A.2+ years Service code 25 · EIN 25-1211909	Directed Trustee	$1,350
PNC BANK, N.A.2+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 52	Indirect Investment Fees	$0
PNC BANK, N.A.1 year Filed as: PNC INVESTMENT CONTRACT FUND Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2H2J2T3D2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$1K

$3 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.016%

all-in expense ratio

Categories reported

0 / 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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,160

$46,173-69.3%

$170,435-91.7%

$69,631-79.7%

Participation rate

98.4%

63.9%+34.5pp

83.6%+14.8pp

70.7%+27.8pp

Annual return

13.52%

21.62%-8.1pp

205.94%-192.4pp

27571.02%-27557.5pp

Employer contribution / active EE

$601

$1,610-62.7%

$5,432-88.9%

$2,032-70.4%

Participant deferral / active EE

$664

$2,080-68.1%

$4,939-86.5%

$3,224-79.4%

Admin fee / account holder

$116-98.1%

$13,881-100.0%

$110-98.0%

Provider

Service type

Compensation

PNC BANK, N.A.2+ years

Service code 25 · EIN 25-1211909

Directed Trustee

$1,350

PNC BANK, N.A.2+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 52

Indirect Investment Fees

PNC BANK, N.A.1 year

Filed as: PNC INVESTMENT CONTRACT FUND

Service code 59

Shareholder Servicing

ERIE HOMES FOR CHILDREN & ADULTS, INC. 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ERIE HOMES FOR CHILDREN & ADULTS, INC. 401(K) RETIREMENT SAVINGS 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