Retirement plan

CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC. 401K PLAN

Name: CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC. - CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC. 401K PLAN (2016) Form 5500
Creator: CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC. 401K PLAN, CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC.

CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC.EIN 35-1328806Plan #002PY 2016

5101 EAST U.S. HIGHWAY 36 - AVON, IN 46123317-272-3330cumminsbhs.orgLinkedIn201-500 employeesmental health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7M

+8.7% from 2015

Total participants

422

+9.6% from 2015

Average account balance

$24,778

+11.8% from 2015

Annual return

9.85%

+9.75 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.28M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

304

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.

47.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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 4 by compensation

Provider	Service type	Compensation
ASCENSUS LLC2+ years Filed as: ASCENSUS CONSULTING Service code 15 1102 CHESTNUT HILLS PARKWAY · FORT WAYNE, IN 46814	Recordkeeping	$4,245
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 15 333 S. HOPE STREET, 55TH FLOOR · LOS ANGELES, CA 90071	Recordkeeping	$1,175
AXA EQUITABLE LIFE INSURANCE CO2+ years Filed as: AXA ADVISORS, LLC Service code 33	Finders' fees / placement fees; Secur...	$0
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$12 / participant

Contract admin$5K100.0%

% of EOY assets

0.065%

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: BLUE & CO.
Auditor EIN: 351178661
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,778

$36,916-32.9%

$156,551-84.2%

$57,658-57.0%

Participation rate

61.7%

63.4%-1.7pp

84.0%-22.3pp

70.2%-8.5pp

Annual return

9.85%

12.38%-2.5pp

32.23%-22.4pp

5.13%+4.7pp

Employer contribution / active EE

$1,035

$1,571-34.1%

$5,501-81.2%

$1,974-47.5%

Participant deferral / active EE

$1,425

$1,926-26.0%

$4,871-70.7%

$3,061-53.4%

Admin fee / account holder

$16

$82-80.5%

$13,028-99.9%

$95-83.0%

Provider

Service type

Compensation

ASCENSUS LLC2+ years

Filed as: ASCENSUS CONSULTING

Service code 15

1102 CHESTNUT HILLS PARKWAY · FORT WAYNE, IN 46814

Recordkeeping

$4,245

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 15

333 S. HOPE STREET, 55TH FLOOR · LOS ANGELES, CA 90071

Recordkeeping

$1,175

AXA EQUITABLE LIFE INSURANCE CO2+ years

Filed as: AXA ADVISORS, LLC

Service code 33

Finders' fees / placement fees; Secur...

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 15

Recordkeeping

CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUMMINS BEHAVIORAL HEALTH SYSTEMS, INC. 401K 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