Retirement plan

RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC. RETIREMENT PLAN

Name: RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC. - RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC. RETIREMENT PLAN (2023) Form 5500
Creator: RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC. RETIREMENT PLAN, RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC.

RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC.EIN 56-0988222Plan #002PY 2023

P. O. BOX 427 - BURLINGTON, NC 272160427336-227-2994rtsalamance.orgLinkedIn11-50 employeesmental health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+9.6% from 2022

Total participants

+3.3% from 2022

Average account balance

$46,133

+1.8% from 2022

Annual return

13.97%

+30.43 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.27M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

122.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$80K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9958

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

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

$145K

$5192 / participant

Other / not subdivided$145K100.0%

% of EOY assets

11.255%

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

$46,133

$77,908-40.8%

$149,696-69.2%

$75,173-38.6%

Participation rate

89.3%

65.6%+23.7pp

78.8%+10.5pp

67.2%+22.1pp

Annual return

13.97%

31.73%-17.8pp

134.46%-120.5pp

160.72%-146.8pp

Employer contribution / active EE

$2,476

$3,138-21.1%

$4,821-48.6%

$2,671-7.3%

Participant deferral / active EE

$868

$3,411-74.6%

$5,682-84.7%

$4,126-79.0%

Admin fee / account holder

$5,192

$5,950-12.7%

$13,212-60.7%

$5,651-8.1%

RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RESIDENTIAL TREATMENT SERVICES OF ALAMANCE, INC. 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