Retirement plan

MON YOUGH COMMUNITY SERVICES, INC. 403(B) RETIREMENT PLAN

Name: MON YOUGH COMMUNITY SERVICES,INC. - MON YOUGH COMMUNITY SERVICES, INC. 403(B) RETIREMENT PLAN (2016) Form 5500
Creator: MON YOUGH COMMUNITY SERVICES,INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MON YOUGH COMMUNITY SERVICES, INC. 403(B) RETIREMENT PLAN, MON YOUGH COMMUNITY SERVICES,INC.

MON YOUGH COMMUNITY SERVICES,INC.EIN 25-1202461Plan #001PY 2016

500 WALNUT STREET - MCKEESPORT, PA 15132412-675-8526mycs.orgLinkedIn201-500 employeesmental health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.1M

No prior year

Total participants

391

No prior year

Average account balance

$28,066

No prior year

Annual return

7.64%

No prior year

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.15M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

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.

175.0%

Not enough data

1 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

+15.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2126

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$38,622
WALKER BENEFITS, LLC1+ years Service code 17 · EIN 32-0453512 2599 WILMINGTON ROAD · NEW CASTLE, PA 16105	Pension Consulting	$9,170

Plan features & details

Pension benefit codes2E2G2J2K2M3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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: GOFF BACKA ALFERA & COMPANY, LLC
Auditor EIN: 251871184
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,066

$36,916-24.0%

$156,552-82.1%

$57,658-51.3%

Participation rate

50.7%

63.4%-12.7pp

84.0%-33.3pp

70.2%-19.5pp

Annual return

7.64%

12.38%-4.7pp

32.23%-24.6pp

5.13%+2.5pp

Employer contribution / active EE

$301

$1,571-80.9%

$5,501-94.5%

$1,974-84.8%

Participant deferral / active EE

$956

$1,926-50.3%

$4,871-80.4%

$3,061-68.8%

Admin fee / account holder

$82-100.0%

$13,028-100.0%

$95-100.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$38,622

WALKER BENEFITS, LLC1+ years

Service code 17 · EIN 32-0453512

2599 WILMINGTON ROAD · NEW CASTLE, PA 16105

Pension Consulting

$9,170

MON YOUGH COMMUNITY SERVICES, INC. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MON YOUGH COMMUNITY SERVICES, INC. 403(B) RETIREMENT 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