Retirement plan

CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC. 403(B) PLAN

Name: CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC. - CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC. 403(B) PLAN (2017) Form 5500
Creator: CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC. 403(B) PLAN, CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC.

CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC.EIN 25-1203882Plan #002PY 2017

437 RAILROAD STREET - BRIDGEVILLE, PA 15017412-221-3302

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.8M

+11.7% from 2016

Total participants

153

-5.0% from 2016

Average account balance

$37,179

+10.8% from 2016

Annual return

10.21%

+4.96 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.99M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

120

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.

75.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$496K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$523

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION3+ years Service code 13 · EIN 35-1140070	Contract Administrator	$33,252
MAHER DUESSEL3+ years Service code 10 · EIN 25-1622758	Accounting	$7,550
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA ADVISORY SERVICES LLC Service code 26 · EIN 35-2552359	Advisory (Participants)	$7,052
LPL FINANCIAL2 years Service code 27 · EIN 04-3046611	Advisory (Plan)	$1,544
MUTUAL OF AMERICA INVESTMENT CORP3+ years Filed as: MUTUAL OF AMERICA LIFE INS CO Service code 13 · EIN 13-1614399	Contract Administrator	$168

Plan features & details

Pension benefit codes2F2G2L2M2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$50K

$434 / participant

Investment mgmt$16K33.0%
Contract admin$33K67.0%

% of EOY assets

1.041%

all-in expense ratio

Categories reported

2 / 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: MAHER DUESSEL
Auditor EIN: 251622758
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,179

$55,453-33.0%

$170,435-78.2%

$62,293-40.3%

Participation rate

79.1%

66.4%+12.8pp

83.6%-4.5pp

69.5%+9.6pp

Annual return

10.21%

21.38%-11.2pp

205.94%-195.7pp

28.90%-18.7pp

Employer contribution / active EE

$1,386

$2,164-35.9%

$5,432-74.5%

$2,042-32.1%

Participant deferral / active EE

$809

$2,303-64.8%

$4,939-83.6%

$3,169-74.5%

Admin fee / account holder

$387

$455-15.0%

$13,881-97.2%

$479-19.3%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION3+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$33,252

MAHER DUESSEL3+ years

Service code 10 · EIN 25-1622758

Accounting

$7,550

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA ADVISORY SERVICES LLC

Service code 26 · EIN 35-2552359

Advisory (Participants)

$7,052

LPL FINANCIAL2 years

Service code 27 · EIN 04-3046611

Advisory (Plan)

$1,544

MUTUAL OF AMERICA INVESTMENT CORP3+ years

Filed as: MUTUAL OF AMERICA LIFE INS CO

Service code 13 · EIN 13-1614399

Contract Administrator

$168

CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARTIERS COMMUNITY MENTAL HEALTH AND RETARDATION CENTER, INC. 403(B) 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