Retirement plan

FAMILY & CHILDREN SERVICES, INC. RETIREMENT PLAN

Name: FAMILY & CHILDREN SERVICES, INC. - FAMILY & CHILDREN SERVICES, INC. RETIREMENT PLAN (2016) Form 5500
Creator: FAMILY & CHILDREN SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAMILY & CHILDREN SERVICES, INC. RETIREMENT PLAN, FAMILY & CHILDREN SERVICES, INC.

FAMILY & CHILDREN SERVICES, INC.EIN 38-2118101Plan #001PY 2016

1608 LAKE STREET - KALAMAZOO, MI 49001269-344-0202fcsource.orgLinkedIn51-200 employeesindividual & family services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.7M

+0.7% from 2015

Total participants

250

-2.0% from 2015

Average account balance

$46,954

+0.1% from 2015

Annual return

8.06%

+7.60 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.36M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

136

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.

70.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$290K

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

+16.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$317

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
GREENLEAF TRUST2+ years Service code 15 · EIN 38-3416104	Recordkeeping	$730

Plan features & details

Pension benefit codes2E2F2J3D2G

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.
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

$730

$4 / participant

Other / not subdivided$730100.0%

% of EOY assets

0.009%

all-in expense ratio

Categories reported

0 / 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: SEBER TANS
Auditor EIN: 200503877
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,954

$46,732+0.5%

$156,551-70.0%

$55,167-14.9%

Participation rate

53.6%

65.8%-12.2pp

84.0%-30.5pp

69.0%-15.4pp

Annual return

8.06%

17.72%-9.7pp

32.23%-24.2pp

169.23%-161.2pp

Employer contribution / active EE

$509

$2,105-75.8%

$5,501-90.7%

$1,963-74.1%

Participant deferral / active EE

$1,943

$2,204-11.8%

$4,871-60.1%

$3,054-36.4%

Admin fee / account holder

$418-98.9%

$13,028-100.0%

$504-99.1%

Provider

Service type

Compensation

GREENLEAF TRUST2+ years

Service code 15 · EIN 38-3416104

Recordkeeping

$730

FAMILY & CHILDREN SERVICES, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAMILY & CHILDREN SERVICES, 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