Retirement plan

PENNSYLVANIA COUNSELING SERVICES, INC. PROFIT SHARING 401(K) PLAN

Name: PENNSYLVANIA COUNSELING SERVICES, INC. - PENNSYLVANIA COUNSELING SERVICES, INC. PROFIT SHARING 401(K) PLAN (2018) Form 5500
Creator: PENNSYLVANIA COUNSELING SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENNSYLVANIA COUNSELING SERVICES, INC. PROFIT SHARING 401(K) PLAN, PENNSYLVANIA COUNSELING SERVICES, INC.

PENNSYLVANIA COUNSELING SERVICES, INC.EIN 25-1776663Plan #001PY 2018

200 N. 7TH STREET - LEBANON, PA 17046717-272-7690pacounseling.comLinkedIn501-1000 employeesmental health care

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$10.7M

-10.0% from 2017

Total participants

458

+0.2% from 2017

Average account balance

$40,110

-13.4% from 2017

Annual return

-3.79%

-23.17 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.14M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

285

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.

48.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$742K

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

+13.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$122

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
SAGEPOINT FINANCIAL INC2 years Filed as: FSC SECURITIES CORPORATION Service code 26 2300 WINDY RIDGE PKWY · ATLANTA, GA 30339	Advisory (Participants)	$17,882
PENNSYLVANIA PENSION PLANNERS, INC.1 year Filed as: PENNSYLVANIA COUNSELING SVCS INC Service code 99 200 N 7TH STREET · LEBANON, PA 17046	Other Fees	$6,275
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$4,812

Plan features & details

Pension benefit codes2E2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$29K

$73 / participant

Contract admin$29K100.0%

% of EOY assets

0.269%

all-in expense ratio

Categories reported

1 / 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: RKL LLP
Auditor EIN: 232108173
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,110

$37,196+7.8%

$154,114-74.0%

$55,725-28.0%

Participation rate

52.0%

64.1%-12.1pp

83.0%-31.0pp

70.9%-18.8pp

Annual return

-3.79%

1319.68%-1323.5pp

735.16%-739.0pp

244.93%-248.7pp

Employer contribution / active EE

$118

$1,614-92.7%

$5,298-97.8%

$2,078-94.3%

Participant deferral / active EE

$1,636

$2,068-20.9%

$5,081-67.8%

$3,356-51.2%

Admin fee / account holder

$108

$102+6.4%

$13,411-99.2%

$115-6.2%

Provider

Service type

Compensation

SAGEPOINT FINANCIAL INC2 years

Filed as: FSC SECURITIES CORPORATION

Service code 26

2300 WINDY RIDGE PKWY · ATLANTA, GA 30339

Advisory (Participants)

$17,882

PENNSYLVANIA PENSION PLANNERS, INC.1 year

Filed as: PENNSYLVANIA COUNSELING SVCS INC

Service code 99

200 N 7TH STREET · LEBANON, PA 17046

Other Fees

$6,275

AMERICAN FUNDS2 years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$4,812

PENNSYLVANIA COUNSELING SERVICES, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENNSYLVANIA COUNSELING SERVICES, INC. PROFIT SHARING 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