Retirement plan

403(B) THRIFT PLAN OF ECKER CENTER FOR BEHAVIORAL HEALTH, INC.

Name: ECKER CENTER FOR BEHAVIORAL HEALTH, INC. - 403(B) THRIFT PLAN OF ECKER CENTER FOR BEHAVIORAL HEALTH, INC. (2022) Form 5500
Creator: ECKER CENTER FOR BEHAVIORAL HEALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF ECKER CENTER FOR BEHAVIORAL HEALTH, INC., ECKER CENTER FOR BEHAVIORAL HEALTH, INC.

ECKER CENTER FOR BEHAVIORAL HEALTH, INC.EIN 36-2312495Plan #001PY 2022

1845 GRANDSTAND PL - ELGIN, IL 601236603847-695-0484eckercenter.orgLinkedIn51-200 employeesmental health care

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$4.6M

-10.4% from 2021

Total participants

231

+27.6% from 2021

Average account balance

$30,632

-15.2% from 2021

Annual return

-15.90%

-31.75 pp from 2021

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.72M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

219

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.

95.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$520K

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

+13.06%

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 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP4 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$614

Plan features & details

Pension benefit codes2G2J2E2T

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.
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

2 tripped

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

$660

$4 / participant

Other / not subdivided$660100.0%

% of EOY assets

0.014%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,632

$65,083-52.9%

$143,788-78.7%

$66,930-54.2%

Participation rate

50.0%

65.2%-15.2pp

80.3%-30.3pp

69.8%-19.8pp

Annual return

-15.90%

-11.13%-4.8pp

-0.03%-15.9pp

1.57%-17.5pp

Employer contribution / active EE

$1,102

$2,361-53.3%

$4,952-77.7%

$2,545-56.7%

Participant deferral / active EE

$1,478

$2,920-49.4%

$5,638-73.8%

$4,238-65.1%

Admin fee / account holder

$502-99.1%

$14,675-100.0%

$593-99.3%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP4 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$614

403(B) THRIFT PLAN OF ECKER CENTER FOR BEHAVIORAL HEALTH, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF ECKER CENTER FOR BEHAVIORAL HEALTH, 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