Retirement plan

MENTAL HEALTH CENTER OF EAST CENTRAL KANSAS RETIREMENT 401(K) PLAN

Name: MENTAL HEALTH CENTER OF EAST CENTRAL KANSAS - MENTAL HEALTH CENTER OF EAST CENTRAL KANSAS RETIREMENT 401(K) PLAN (2015) Form 5500
Creator: MENTAL HEALTH CENTER OF EAST CENTRAL KANSAS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MENTAL HEALTH CENTER OF EAST CENTRAL KANSAS RETIREMENT 401(K) PLAN, MENTAL HEALTH CENTER OF EAST CENTRAL KANSAS

MENTAL HEALTH CENTER OF EAST CENTRAL KANSASEIN 48-0666889Plan #001PY 2015

1000 LINCOLN - EMPORIA, KS 66801620-343-2211mhceck.orgLinkedIn51-200 employeesmental health care

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.4M

No prior year

Total participants

179

No prior year

Average account balance

$25,033

No prior year

Annual return

-2.06%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.35M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

292

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.

86.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$137

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 14 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Plan Administrator	$25,819
DEMARS PENSION CONSULTING SERVICES1+ years Filed as: DEMARS PENSION CONSULTING SVCS, INC Service code 10 8700 INDIAN CREEK PKWY, SUITE 185 · OVERLAND PARK, KS 66210	Accounting	$13,540

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$39K

$252 / participant

Investment mgmt$26K65.6%
Other / not subdivided$14K34.4%

% of EOY assets

1.156%

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: BERBERICH TRAHAN & CO., P.A.
Auditor EIN: 481066439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,033

$46,360-46.0%

$147,617-83.0%

$52,331-52.2%

Participation rate

72.4%

64.9%+7.5pp

84.6%-12.2pp

68.1%+4.3pp

Annual return

-2.06%

1.62%-3.7pp

61.98%-64.0pp

4.54%-6.6pp

Employer contribution / active EE

$1,287

$2,126-39.5%

$5,564-76.9%

$1,882-31.6%

Participant deferral / active EE

$1,147

$2,258-49.2%

$4,895-76.6%

$3,022-62.0%

Admin fee / account holder

$289

$766-62.2%

$11,612-97.5%

$592-51.1%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 14

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Plan Administrator

$25,819

DEMARS PENSION CONSULTING SERVICES1+ years

Filed as: DEMARS PENSION CONSULTING SVCS, INC

Service code 10

8700 INDIAN CREEK PKWY, SUITE 185 · OVERLAND PARK, KS 66210

Accounting

$13,540

MENTAL HEALTH CENTER OF EAST CENTRAL KANSAS RETIREMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MENTAL HEALTH CENTER OF EAST CENTRAL KANSAS RETIREMENT 401(K) 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