Retirement plan

BOOTHEEL COUNSELING SERVICES RETIREMENT PLAN

Name: BOOTHEEL COUNSELING SERVICES, INC. - BOOTHEEL COUNSELING SERVICES RETIREMENT PLAN (2019) Form 5500
Creator: BOOTHEEL COUNSELING SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOOTHEEL COUNSELING SERVICES RETIREMENT PLAN, BOOTHEEL COUNSELING SERVICES, INC.

BOOTHEEL COUNSELING SERVICES, INC.EIN 43-1067515Plan #002PY 2019

760 PLANTATION BLVD. - SIKESTON, MO 638011043573-471-9191bootheelcounseling.comLinkedIn51-200 employeesmental health care

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$3.2M

+1.5% from 2018

Total participants

210

+42.9% from 2018

Average account balance

$21,725

+0.1% from 2018

Annual return

4.68%

-2.77 pp from 2018

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.92M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

155

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$465K

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

+9.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION4+ years Service code 13 · EIN 35-1140070	Contract Administrator	$14,543
STADION MONEY MANAGEMENT4+ years Service code 26 · EIN 58-2099805	Advisory (Participants)	$10,749
SCHUMACHER FINANCIAL SERVICES4+ years Service code 15 · EIN 43-0743199	Recordkeeping	$900

Plan features & details

Pension benefit codes2A2E2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$26K

$151 / participant

Investment mgmt$25K96.6%
Other / not subdivided$9003.4%

% of EOY assets

0.826%

all-in expense ratio

Categories reported

1 / 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

$21,725

$52,961-59.0%

$172,752-87.4%

$65,185-66.7%

Participation rate

63.2%

66.2%-3.0pp

82.6%-19.4pp

70.2%-7.0pp

Annual return

4.68%

30.12%-25.4pp

802.97%-798.3pp

29.38%-24.7pp

Employer contribution / active EE

$353

$2,190-83.9%

$5,144-93.1%

$2,177-83.8%

Participant deferral / active EE

$950

$2,471-61.6%

$5,198-81.7%

$3,514-73.0%

Admin fee / account holder

$179

$472-62.0%

$13,955-98.7%

$847-78.8%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION4+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$14,543

STADION MONEY MANAGEMENT4+ years

Service code 26 · EIN 58-2099805

Advisory (Participants)

$10,749

SCHUMACHER FINANCIAL SERVICES4+ years

Service code 15 · EIN 43-0743199

Recordkeeping

$900

BOOTHEEL COUNSELING SERVICES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOOTHEEL COUNSELING SERVICES 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