Retirement plan

NORTHERN PINES MENTAL HEALTH CENTER, INC. 401(K) PLAN AND TRUST

Name: NORTHERN PINES MENTAL HEALTH CENTER, INC. - NORTHERN PINES MENTAL HEALTH CENTER, INC. 401(K) PLAN AND TRUST (2019) Form 5500
Creator: NORTHERN PINES MENTAL HEALTH CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHERN PINES MENTAL HEALTH CENTER, INC. 401(K) PLAN AND TRUST, NORTHERN PINES MENTAL HEALTH CENTER, INC.

NORTHERN PINES MENTAL HEALTH CENTER, INC.EIN 41-0875464Plan #003PY 2019

PO BOX 367 - LITTLE FALLS, MN 56345320-632-6647npmh.orgLinkedIn201-500 employeesmental health care

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$5.5M

+23.9% from 2018

Total participants

352

-1.1% from 2018

Average account balance

$22,073

+24.4% from 2018

Annual return

15.98%

+20.62 pp from 2018

Benchmarks

See 3,878 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,878 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.42M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

274

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.

92.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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
COMMONWEALTH FINANCIAL NETWORK1 year Service code 16 29 SAWYER ROAD · WALTHAM, MA 024533483	Consulting	$20,798

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$41K

$144 / participant

Other / not subdivided$41K100.0%

% of EOY assets

0.745%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,073

$62,928-64.9%

$172,753-87.2%

$67,582-67.3%

Participation rate

64.3%

64.5%-0.1pp

82.6%-18.3pp

71.3%-6.9pp

Annual return

15.98%

30.36%-14.4pp

803.00%-787.0pp

378.57%-362.6pp

Employer contribution / active EE

$1,100

$1,636-32.8%

$5,144-78.6%

$2,148-48.8%

Participant deferral / active EE

$1,877

$2,145-12.5%

$5,198-63.9%

$3,539-47.0%

Admin fee / account holder

$164

$167-1.4%

$13,956-98.8%

$142+15.5%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK1 year

Service code 16

29 SAWYER ROAD · WALTHAM, MA 024533483

Consulting

$20,798

NORTHERN PINES MENTAL HEALTH CENTER, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHERN PINES MENTAL HEALTH CENTER, INC. 401(K) PLAN AND TRUST

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