Retirement plan

EMPLOYEE BENEFITS PLAN OF GRAND PRAIRIE SERVICES

Name: GRAND PRAIRIE SERVICES - EMPLOYEE BENEFITS PLAN OF GRAND PRAIRIE SERVICES (2022) Form 5500
Creator: GRAND PRAIRIE SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFITS PLAN OF GRAND PRAIRIE SERVICES, GRAND PRAIRIE SERVICES

GRAND PRAIRIE SERVICESEIN 36-2362364Plan #001PY 2022

17746 SOUTH OAK PARK AVE. - TINLEY PARK, IL 60477708-444-1012gpsbh.orgLinkedIn51-200 employeesmental health care

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed May 13, 2021

Plan administrator

Plan administrator name— Sign in and upgrade to view

17746 Oak Park Avenue

Tinley Park, IL 60477

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

2020 GRAND PRAIRIE SERVICES ELIGIBLE DEFERRED COMPENSATION PLAN6 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$3.3M

-10.6% from 2021

Total participants

215

-8.9% from 2021

Average account balance

$15,430

-4.3% from 2021

Annual return

-14.21%

-21.50 pp from 2021

Benchmarks

See 19,706 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,706 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.19M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

202

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.

89.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$67K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$117

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
ASCENSUS LLC5 years Service code 15 · EIN 11-3665754	Recordkeeping	$16,105

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$16K

$233 / participant

Contract admin$16K100.0%

% of EOY assets

0.490%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MK GROUP CPA'S AND CONSULTANTS LLC
Auditor EIN: 842921323
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,430

$73,848-79.1%

$143,799-89.3%

$68,486-77.5%

Participation rate

97.1%

66.7%+30.4pp

80.3%+16.8pp

67.9%+29.2pp

Annual return

-14.21%

0.91%-15.1pp

-0.04%-14.2pp

-7.85%-6.4pp

Employer contribution / active EE

$2,059

$3,184-35.3%

$4,952-58.4%

$2,597-20.7%

Participant deferral / active EE

$1,490

$3,385-56.0%

$5,638-73.6%

$4,028-63.0%

Admin fee / account holder

$76

$5,755-98.7%

$14,677-99.5%

$5,404-98.6%

Provider

Service type

Compensation

ASCENSUS LLC5 years

Service code 15 · EIN 11-3665754

Recordkeeping

$16,105

EMPLOYEE BENEFITS PLAN OF GRAND PRAIRIE SERVICES

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFITS PLAN OF GRAND PRAIRIE SERVICES

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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