Retirement plan

THE CHAUTAUQUA CENTER INC. 403(B) RETIREMENT PLAN

Name: THE CHAUTAUQUA CENTER INC. - THE CHAUTAUQUA CENTER INC. 403(B) RETIREMENT PLAN (2024) Form 5500
Creator: THE CHAUTAUQUA CENTER INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CHAUTAUQUA CENTER INC. 403(B) RETIREMENT PLAN, THE CHAUTAUQUA CENTER INC.

THE CHAUTAUQUA CENTER INC.EIN 27-3512018Plan #001PY 2024

319 CENTRAL AVENUE, SUITE B - DUNKIRK, NY 14048716-363-6891tcchealth.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$5.8M

+42.8% from 2023

Total participants

337

+15.0% from 2023

Average account balance

$19,299

+21.0% from 2023

Annual return

13.16%

-8.87 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.83M

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.

302

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.

88.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.39M

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

+13.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$192

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
BENEFIT PLANS ADMIN SERVICES, INC.6 years Filed as: BENEFIT PLANS ADMINISTRATIVE SRVCS Service code 13 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 135026374	Contract Administrator	$36,490
EQUITABLE ADVISORS LLC3 years Filed as: EQUITABLE ADVISORS, LLC Service code 26 · EIN 13-4071393 100 MADISON STREET · SYRACUSE, NY 13202	Advisory (Participants)	$19,439

Plan features & details

Pension benefit codes2L2K2F2G2S2T

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

Opportunity flags

1 tripped

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

$58K

$196 / participant

Recordkeeping$22K37.6%
Investment mgmt$19K33.5%
Other / not subdivided$17K28.9%

% of EOY assets

0.995%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BONADIO & CO. LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,299

$50,919-62.1%

$155,556-87.6%

$77,762-75.2%

Participation rate

88.2%

63.1%+25.1pp

78.2%+10.0pp

70.6%+17.6pp

Annual return

13.16%

34.84%-21.7pp

64.84%-51.7pp

31.27%-18.1pp

Employer contribution / active EE

$1,087

$1,991-45.4%

$4,675-76.8%

$2,728-60.2%

Participant deferral / active EE

$3,619

$2,824+28.1%

$5,631-35.7%

$4,651-22.2%

Admin fee / account holder

$192

$437-56.0%

$15,885-98.8%

$433-55.7%

Provider

Service type

Compensation

BENEFIT PLANS ADMIN SERVICES, INC.6 years

Filed as: BENEFIT PLANS ADMINISTRATIVE SRVCS

Service code 13 · EIN 16-1503696

6 RHOADS DRIVE · UTICA, NY 135026374

Contract Administrator

$36,490

EQUITABLE ADVISORS LLC3 years

Filed as: EQUITABLE ADVISORS, LLC

Service code 26 · EIN 13-4071393

100 MADISON STREET · SYRACUSE, NY 13202

Advisory (Participants)

$19,439

THE CHAUTAUQUA CENTER INC. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CHAUTAUQUA CENTER INC. 403(B) RETIREMENT 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