Retirement plan

FAMILY DESIGN RESOURCES, INC. 401(K) PROFIT SHARING PLAN

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

FAMILY DESIGN RESOURCES, INC.EIN 25-1839211Plan #001PY 2018

471 JPL WICK DRIVE, PO BOX 4538 - HARRISBURG, PA 17111717-236-8570vocetogether.orgLinkedIn201-500 employeesindividual & family services

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10.2M

+21.6% from 2017

Total participants

346

+7.8% from 2017

Average account balance

$29,546

+10.3% from 2017

Annual return

11.36%

-4.88 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

$26.06M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

443

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.

99.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$238

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 2 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT1 year Service code 22 635 N 12TH STREET · LEMOYNE, PA 17043	Insurance Broker	$36,253
CDM RETIREMENT CONSULTANTS, INC.3+ years Service code 37 · EIN 52-2136664 300 EAST JOPPA ROAD, SUITE 601 · TOWSON, MD 21286	Loan Processing	$21,517

Plan features & details

Pension benefit codes2E2F2G2J2T3D2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$58K

$188 / participant

Investment mgmt$36K62.8%
Other / not subdivided$22K37.2%

% of EOY assets

0.565%

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: HAMILTON & MUSSER, PC
Auditor EIN: 232213999
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,546

$37,196-20.6%

$154,108-80.8%

$55,725-47.0%

Participation rate

100.0%

64.1%+35.9pp

83.0%+17.0pp

70.9%+29.1pp

Annual return

11.36%

1319.68%-1308.3pp

735.21%-723.8pp

244.93%-233.6pp

Employer contribution / active EE

$2,800

$1,614+73.5%

$5,298-47.1%

$2,078+34.8%

Participant deferral / active EE

$2,146

$2,068+3.8%

$5,081-57.8%

$3,356-36.0%

Admin fee / account holder

$167

$102+64.3%

$13,411-98.8%

$115+45.0%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT1 year

Service code 22

635 N 12TH STREET · LEMOYNE, PA 17043

Insurance Broker

$36,253

CDM RETIREMENT CONSULTANTS, INC.3+ years

Service code 37 · EIN 52-2136664

300 EAST JOPPA ROAD, SUITE 601 · TOWSON, MD 21286

Loan Processing

$21,517

FAMILY DESIGN RESOURCES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAMILY DESIGN RESOURCES, INC. 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