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 (2020) 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 2020

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

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.4M

+15.6% from 2019

Total participants

293

-16.8% from 2019

Average account balance

$26,913

+21.9% from 2019

Annual return

12.79%

-3.19 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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 NETWORK2 years Service code 16 29 SAWYER ROAD · WALTHAM, MA 024533483	Consulting	$23,459

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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$45K

$213 / participant

Other / not subdivided$45K100.0%

% of EOY assets

0.709%

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

$26,913

$58,895-54.3%

$178,503-84.9%

$73,497-63.4%

Participation rate

73.6%

66.2%+7.4pp

81.9%-8.3pp

70.7%+2.9pp

Annual return

12.79%

24.86%-12.1pp

151.12%-138.3pp

28.51%-15.7pp

Employer contribution / active EE

$1,427

$2,236-36.2%

$5,011-71.5%

$2,270-37.1%

Participant deferral / active EE

$2,488

$2,567-3.1%

$5,202-52.2%

$3,740-33.5%

Admin fee / account holder

$191

$400-52.3%

$13,987-98.6%

$513-62.8%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK2 years

Service code 16

29 SAWYER ROAD · WALTHAM, MA 024533483

Consulting

$23,459

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