Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ACCESS COUNSELING SERVICES, LLC

Name: ACCESS COUNSELING SERVICES, LL - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ACCESS COUNSELING SERVICES, LLC (2024) Form 5500
Creator: ACCESS COUNSELING SERVICES, LL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ACCESS COUNSELING SERVICES, LLC, ACCESS COUNSELING SERVICES, LL

ACCESS COUNSELING SERVICES, LLEIN 45-4245368Plan #001PY 2024

4465 S DIXIE HWY - MIDDLETOWN, OH 450055463513-649-8008accesscounselingservices.comLinkedIn51-200 employeesmental health care

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1.3M

-5.8% from 2023

Total participants

-11.6% from 2023

Average account balance

$19,592

+11.0% from 2023

Annual return

15.61%

-3.01 pp from 2023

Benchmarks

See 21,691 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,691 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

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.

126.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$117K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6232

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G3D2J2T

Plan features

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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$418K

$7879 / participant

Other / not subdivided$418K100.0%

% of EOY assets

31.811%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,592

$81,358-75.9%

$155,556-87.4%

$80,959-75.8%

Participation rate

83.0%

66.3%+16.8pp

78.2%+4.8pp

67.7%+15.4pp

Annual return

15.61%

33.39%-17.8pp

64.84%-49.2pp

35.67%-20.1pp

Employer contribution / active EE

$3,106-100.0%

$4,675-100.0%

$2,757-100.0%

Participant deferral / active EE

$2,217

$3,455-35.8%

$5,631-60.6%

$4,300-48.5%

Admin fee / account holder

$6,232

$7,994-22.0%

$15,885-60.8%

$6,925-10.0%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ACCESS COUNSELING SERVICES, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ACCESS COUNSELING SERVICES, LLC

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