Retirement plan

EMPLOYEE BENEFIT PLAN OF BLACK MOUNTAIN HOME FOR CHILDREN YOUTH FAMILIES IN

Name: BLACK MOUNTAIN HOME FOR CHILDREN Y OUTH FAMILIES INC - EMPLOYEE BENEFIT PLAN OF BLACK MOUNTAIN HOME FOR CHILDREN YOUTH FAMILIES IN (2017) Form 5500
Creator: BLACK MOUNTAIN HOME FOR CHILDREN Y OUTH FAMILIES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF BLACK MOUNTAIN HOME FOR CHILDREN YOUTH FAMILIES IN, BLACK MOUNTAIN HOME FOR CHILDREN Y OUTH FAMILIES INC

BLACK MOUNTAIN HOME FOR CHILDREN Y OUTH FAMILIES INCEIN 56-0538018Plan #001PY 2017

80 LAKE EDEN RD - BLACK MOUNTAIN, NC 287118706828-686-3451blackmountainhome.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+15.5% from 2016

Total participants

+11.8% from 2016

Average account balance

$35,130

+5.0% from 2016

Annual return

15.32%

+1.01 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.16M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

115.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$376K

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1832

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 codes2F2E2G2J

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.

Opportunity flags

1 tripped

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

$176K

$4619 / participant

Other / not subdivided$176K100.0%

% of EOY assets

9.085%

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

$35,130

$84,236-58.3%

$170,439-79.4%

$70,124-49.9%

Participation rate

94.7%

70.8%+23.9pp

83.6%+11.1pp

69.5%+25.2pp

Annual return

15.32%

23.06%-7.7pp

205.94%-190.6pp

73.14%-57.8pp

Employer contribution / active EE

$3,147

$3,387-7.1%

$5,433-42.1%

$2,342+34.4%

Participant deferral / active EE

$1,541

$3,086-50.0%

$4,939-68.8%

$3,332-53.7%

Admin fee / account holder

$3,192

$5,698-44.0%

$13,881-77.0%

$4,645-31.3%

EMPLOYEE BENEFIT PLAN OF BLACK MOUNTAIN HOME FOR CHILDREN YOUTH FAMILIES IN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF BLACK MOUNTAIN HOME FOR CHILDREN YOUTH FAMILIES IN

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