Retirement plan

403(B) PLAN OF DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC

Name: DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC. - 403(B) PLAN OF DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC (2021) Form 5500
Creator: DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) PLAN OF DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC, DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC.

DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC.EIN 51-0071906Plan #003PY 2021

1213 DELAWARE AVENUE - WILMINGTON, DE 198064707302-652-3948delawareguidance.orgLinkedIn51-200 employeesmental health care

Prospect flagsLow returnsHigh cashLow participation

How to read this page

Total assets (EOY)

$6.4M

+1.2% from 2020

Total participants

208

-27.0% from 2020

Average account balance

$42,499

+39.7% from 2020

Annual return

11.36%

+7.50 pp from 2020

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.70M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

116

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.

41.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$232K

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

+11.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$283

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 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930	Recordkeeping	$21,137
GRP FINANCIAL2 years Filed as: GRP Service code 27 451 S. BETHLEHEM PIKE · FT. WASHINGTON, PA 19034	Advisory (Plan)	$14,500

Plan features & details

Pension benefit codes2M2G2F2T

Plan features

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$36K

$256 / participant

Investment mgmt$15K40.7%
Contract admin$21K59.3%

% of EOY assets

0.559%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WHISMAN GIORDANO & ASSOCIATES
Auditor EIN: 203934956
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,499

$61,172-30.5%

$185,851-77.1%

$79,389-46.5%

Participation rate

58.3%

66.6%-8.3pp

81.7%-23.4pp

70.7%-12.4pp

Annual return

11.36%

19.45%-8.1pp

122.11%-110.7pp

116.89%-105.5pp

Employer contribution / active EE

$2,081

$2,321-10.3%

$5,168-59.7%

$2,428-14.3%

Participant deferral / active EE

$1,092

$2,788-60.8%

$5,569-80.4%

$4,046-73.0%

Admin fee / account holder

$238

$710-66.5%

$16,245-98.5%

$626-62.1%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2 years

Service code 15 · EIN 23-1945930

Recordkeeping

$21,137

GRP FINANCIAL2 years

Filed as: GRP

Service code 27

451 S. BETHLEHEM PIKE · FT. WASHINGTON, PA 19034

Advisory (Plan)

$14,500

403(B) PLAN OF DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) PLAN OF DELAWARE GUIDANCE SERVICES FOR CHILDREN & YOUTH, INC

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