Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC.

Name: SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC. - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC. (2015) Form 5500
Creator: SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC., SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC.

SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC.EIN 34-1600251Plan #001PY 2015

10100 ELIDA RD - DELPHOS, OH 458339056419-695-8010

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10M

No prior year

Total participants

612

No prior year

Average account balance

$16,406

No prior year

Annual return

5.16%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.02M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

515

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.

77.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.93M

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

+12.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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
SCHNEIDER DOWNS & CO., INC.1+ years Filed as: SCHNEIDER DOWNS WEALTH MGMT. ADV. Service code 26 · EIN 25-1857157 ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 15222	Advisory (Participants)	$25,360
ASPIRE FINANCIAL SERVICES1+ years Filed as: ASPIRE FINANCIAL SERVICES, LLC Service code 15 · EIN 27-1033775 4010 BOY SCOUT BOULEVARD · TAMPA, FL 33607	Recordkeeping	$9,652
MUTUAL OF AMERICA INVESTMENT CORP1+ years Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$2,127

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

$36K

$72 / participant

Investment mgmt$25K69.5%
Other / not subdivided$11K30.5%

% of EOY assets

0.364%

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: BARNES WENDLING CPAS, INC
Auditor EIN: 341463411
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,406

$37,117-55.8%

$147,618-88.9%

$55,191-70.3%

Participation rate

99.6%

63.6%+36.0pp

84.6%+15.0pp

69.2%+30.4pp

Annual return

5.16%

3.44%+1.7pp

61.98%-56.8pp

10.78%-5.6pp

Employer contribution / active EE

$1,757

$1,620+8.4%

$5,565-68.4%

$1,899-7.5%

Participant deferral / active EE

$1,093

$1,985-45.0%

$4,895-77.7%

$3,046-64.1%

Admin fee / account holder

$60

$86-30.1%

$11,612-99.5%

$91-34.1%

Provider

Service type

Compensation

SCHNEIDER DOWNS & CO., INC.1+ years

Filed as: SCHNEIDER DOWNS WEALTH MGMT. ADV.

Service code 26 · EIN 25-1857157

ONE PPG PLACE, SUITE 1700 · PITTSBURGH, PA 15222

Advisory (Participants)

$25,360

ASPIRE FINANCIAL SERVICES1+ years

Filed as: ASPIRE FINANCIAL SERVICES, LLC

Service code 15 · EIN 27-1033775

4010 BOY SCOUT BOULEVARD · TAMPA, FL 33607

Recordkeeping

$9,652

MUTUAL OF AMERICA INVESTMENT CORP1+ years

Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$2,127

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SPECIALIZED ALTERNATIVES FOR FAMILIES AND YOUTH OF AMERICA, INC.

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