Retirement plan

EMPLOYEE BENEFIT PLAN OF FAMILY SERVICES, INC. DBA ORIGIN SC

Name: FAMILY SERVICES, INC. DBA ORIGIN SC - EMPLOYEE BENEFIT PLAN OF FAMILY SERVICES, INC. DBA ORIGIN SC (2019) Form 5500
Creator: FAMILY SERVICES, INC. DBA ORIGIN SC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF FAMILY SERVICES, INC. DBA ORIGIN SC, FAMILY SERVICES, INC. DBA ORIGIN SC

FAMILY SERVICES, INC. DBA ORIGIN SCEIN 57-0324920Plan #002PY 2019

PO BOX 118006 - CHARLESTON, SC 294238006843-744-1348

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$855K

+8.3% from 2018

Total participants

-13.0% from 2018

Average account balance

$21,365

+24.5% from 2018

Annual return

7.92%

+14.59 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.59M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

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

+11.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3501

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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

Expense breakdown

Schedule H Part II

Admin total

$144K

$5343 / participant

Other / not subdivided$144K100.0%

% of EOY assets

16.880%

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

$21,365

$85,171-74.9%

$172,753-87.6%

$72,976-70.7%

Participation rate

100.0%

70.1%+29.9pp

82.6%+17.4pp

69.5%+30.5pp

Annual return

7.92%

27.32%-19.4pp

803.00%-795.1pp

81.02%-73.1pp

Employer contribution / active EE

$863

$3,324-74.0%

$5,144-83.2%

$2,440-64.6%

Participant deferral / active EE

$3,091

$3,260-5.2%

$5,198-40.5%

$3,608-14.3%

Admin fee / account holder

$3,606

$5,880-38.7%

$13,956-74.2%

$5,124-29.6%

EMPLOYEE BENEFIT PLAN OF FAMILY SERVICES, INC. DBA ORIGIN SC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF FAMILY SERVICES, INC. DBA ORIGIN SC

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