Retirement plan

COMMUNITY COUNSELING CENTER OF MERCER COUNTY 401(K) PROFIT SHARING PLAN

Name: COMMUNITY COUNSELING CENTER OF MERCER COUNTY - COMMUNITY COUNSELING CENTER OF MERCER COUNTY 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: COMMUNITY COUNSELING CENTER OF MERCER COUNTY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY COUNSELING CENTER OF MERCER COUNTY 401(K) PROFIT SHARING PLAN, COMMUNITY COUNSELING CENTER OF MERCER COUNTY

COMMUNITY COUNSELING CENTER OF MERCER COUNTYEIN 25-1340027Plan #002PY 2016

2201 EAST STATE STREET - HERMITAGE, PA 16148724-981-7141cccmer.orgLinkedIn51-200 employeesmental health care

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4M

No prior year

Total participants

107

No prior year

Average account balance

$43,265

No prior year

Annual return

-2.74%

No prior year

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.91M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

114

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.

86.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$393K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$142

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

2 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.

Expense breakdown

Schedule H Part II

Admin total

$219K

$2355 / participant

Other / not subdivided$219K100.0%

% of EOY assets

5.443%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,265

$77,638-44.3%

$156,551-72.4%

$62,881-31.2%

Participation rate

84.9%

71.2%+13.7pp

84.0%+0.9pp

69.3%+15.6pp

Annual return

-2.74%

50.33%-53.1pp

32.23%-35.0pp

20.14%-22.9pp

Employer contribution / active EE

$1,653

$3,444-52.0%

$5,501-70.0%

$2,281-27.5%

Participant deferral / active EE

$1,352

$3,046-55.6%

$4,871-72.2%

$3,203-57.8%

Admin fee / account holder

$2,355

$5,561-57.7%

$13,028-81.9%

$4,296-45.2%

COMMUNITY COUNSELING CENTER OF MERCER COUNTY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY COUNSELING CENTER OF MERCER COUNTY 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