Retirement plan

EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPA 401(K) PLAN

Name: EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPA - EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPA 401(K) PLAN (2016) Form 5500
Creator: EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPA 401(K) PLAN, EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPA

EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPAEIN 25-1562285Plan #001PY 2016

431 N. 7TH AVENUE - SCRANTON, PA 185031800570-348-6484LinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$750K

No prior year

Total participants

No prior year

Average account balance

$18,739

No prior year

Annual return

29.72%

No prior year

Benchmarks

See 3,584 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort3,584 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.58M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

109.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$246K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1160

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

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 codes2E2F2G2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$362K

$10978 / participant

Other / not subdivided$362K100.0%

% of EOY assets

48.330%

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

$18,739

$43,075-56.5%

$74,577-74.9%

$62,881-70.2%

Participation rate

90.9%

58.1%+32.9pp

68.1%+22.8pp

69.3%+21.6pp

Annual return

29.72%

17.50%+12.2pp

20.47%+9.3pp

20.14%+9.6pp

Employer contribution / active EE

$935

$1,498-37.5%

$2,525-63.0%

$2,281-59.0%

Participant deferral / active EE

$1,175

$2,389-50.8%

$3,458-66.0%

$3,203-63.3%

Admin fee / account holder

$9,057

$2,840+218.9%

$4,138+118.9%

$4,296+110.8%

EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYMENT OPPORTUNITY TRAINING CENTER OF NEPA 401(K) 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