Retirement plan

TCN BEHAVIORAL HEALTH SERVICES, INC. 401(K) PLAN

Name: TCN BEHAVIORAL HEALTH SERVICES, INC. - TCN BEHAVIORAL HEALTH SERVICES, INC. 401(K) PLAN (2024) Form 5500
Creator: TCN BEHAVIORAL HEALTH SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TCN BEHAVIORAL HEALTH SERVICES, INC. 401(K) PLAN, TCN BEHAVIORAL HEALTH SERVICES, INC.

TCN BEHAVIORAL HEALTH SERVICES, INC.EIN 31-1305635Plan #003PY 2024

1825 COMMERCE CENTER BLVD - FAIRBORN, OH 45324937-376-8700tcn.orgLinkedIn201-500 employeesmental health care

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.1M

+7.9% from 2023

Total participants

326

-20.7% from 2023

Average account balance

$42,477

+38.9% from 2023

Annual return

15.42%

-3.05 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.15M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

286

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.

82.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$978K

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

+15.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$82

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 6 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC8 years Filed as: UBS FINANCIAL SERVICES INC. Service code 99	Other Fees	$26,946
CREATIVE RETIREMENT SYSTEMS, INC.4 years Service code 49	Other Services	$5,671
MORNINGSTAR10+ years Service code 27	Advisory (Plan)	$1,737
CREATIVE RETIREMENT SYSTEMS, INC.4 years Filed as: CREATIVE RETIREMENT SYSTEMS, INC Service code 49 · EIN 31-1299207 25 MERCHANT STREET · CINCINNATTI, OH 45246	Other Services	$0
UBS FINANCIAL SERVICES INC8 years Filed as: UBS FINANCIAL SERVICES Service code 99 · EIN 13-2638166	Other Fees	$0
VOYA RETIREMENT INSURANCE & ANNUITY2 years Filed as: VOYA RETIREMENT INS & ANNUITY Service code 26 · EIN 71-0294708	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$23K

$102 / participant

Investment mgmt$2K6.6%
Contract admin$21K89.6%
Other / not subdivided$9003.8%

% of EOY assets

0.193%

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: CLARK, SCHAEFER, HACKETT & CO.
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,477

$55,446-23.4%

$155,574-72.7%

$74,429-42.9%

Participation rate

82.7%

61.9%+20.8pp

78.2%+4.5pp

67.2%+15.5pp

Annual return

15.42%

269.20%-253.8pp

64.87%-49.4pp

1368.38%-1353.0pp

Employer contribution / active EE

$1,610

$2,266-28.9%

$4,676-65.6%

$2,625-38.6%

Participant deferral / active EE

$2,625

$2,836-7.4%

$5,629-53.4%

$4,348-39.6%

Admin fee / account holder

$82

$1,743-95.3%

$15,914-99.5%

$1,944-95.8%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC8 years

Filed as: UBS FINANCIAL SERVICES INC.

Service code 99

Other Fees

$26,946

CREATIVE RETIREMENT SYSTEMS, INC.4 years

Service code 49

Other Services

$5,671

MORNINGSTAR10+ years

Service code 27

Advisory (Plan)

$1,737

CREATIVE RETIREMENT SYSTEMS, INC.4 years

Filed as: CREATIVE RETIREMENT SYSTEMS, INC

Service code 49 · EIN 31-1299207

25 MERCHANT STREET · CINCINNATTI, OH 45246

Other Services

UBS FINANCIAL SERVICES INC8 years

Filed as: UBS FINANCIAL SERVICES

Service code 99 · EIN 13-2638166

Other Fees

VOYA RETIREMENT INSURANCE & ANNUITY2 years

Filed as: VOYA RETIREMENT INS & ANNUITY

Service code 26 · EIN 71-0294708

Advisory (Participants)

TCN BEHAVIORAL HEALTH SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TCN BEHAVIORAL HEALTH SERVICES, INC. 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