Retirement plan

NORTHEASTERN CENTER, INC. RETIREMENT PLAN

Name: NORTHEASTERN CENTER, INC. - NORTHEASTERN CENTER, INC. RETIREMENT PLAN (2018) Form 5500
Creator: NORTHEASTERN CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHEASTERN CENTER, INC. RETIREMENT PLAN, NORTHEASTERN CENTER, INC.

NORTHEASTERN CENTER, INC.EIN 35-1403134Plan #001PY 2018

PO BOX 817 220 S. MAIN STREET - KENDALLVILLE, IN 467550817260-347-2453necmh.orgLinkedIn201-500 employeesindividual & family services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.8M

+14.0% from 2017

Total participants

272

+10.1% from 2017

Average account balance

$39,981

+3.9% from 2017

Annual return

8.19%

-6.89 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.82M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

403

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$742K

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

+10.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: RETIREMENT PLAN CONCEPTS & SVC INC. Service code 18 · EIN 35-2091834 6509 MUTUAL DRIVE · FORT WAYNE, IN 46825	Custodial (other than securities)	$3,550
NEWPORT GROUP, INC.3+ years Service code 21 · EIN 27-2037969 35 IRON POINT CIRCLE · FOLSOM, CA 95630	Bank Trustee	$1,493
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB Service code 19 · EIN 42-1558009 211 MAIN ST · SAN FRANCISCO, CA 94105	Securities Custodian	$280

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$32 / participant

Investment mgmt$5K100.0%

% of EOY assets

0.049%

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: BADEN, GAGE & SCHROEDER, LLC.
Auditor EIN: 351939627
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,981

$47,977-16.7%

$154,111-74.1%

$56,287-29.0%

Participation rate

99.4%

66.2%+33.2pp

83.0%+16.4pp

69.9%+29.6pp

Annual return

8.19%

3.54%+4.7pp

735.18%-727.0pp

-9.96%+18.2pp

Employer contribution / active EE

$3,329

$2,169+53.5%

$5,298-37.2%

$2,111+57.7%

Participant deferral / active EE

$1,756

$2,392-26.6%

$5,081-65.4%

$3,350-47.6%

Admin fee / account holder

$20

$438-95.5%

$13,411-99.9%

$521-96.2%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES3+ years

Filed as: RETIREMENT PLAN CONCEPTS & SVC INC.

Service code 18 · EIN 35-2091834

6509 MUTUAL DRIVE · FORT WAYNE, IN 46825

Custodial (other than securities)

$3,550

NEWPORT GROUP, INC.3+ years

Service code 21 · EIN 27-2037969

35 IRON POINT CIRCLE · FOLSOM, CA 95630

Bank Trustee

$1,493

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB

Service code 19 · EIN 42-1558009

211 MAIN ST · SAN FRANCISCO, CA 94105

Securities Custodian

$280

NORTHEASTERN CENTER, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHEASTERN CENTER, INC. 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