Retirement plan

DRUG ABUSE TREATMENT ASSOCIATION, INC. RETIREMENT PLAN

Name: DRUG ABUSE TREATMENT ASSOCIATION, INC. - DRUG ABUSE TREATMENT ASSOCIATION, INC. RETIREMENT PLAN (2022) Form 5500
Creator: DRUG ABUSE TREATMENT ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DRUG ABUSE TREATMENT ASSOCIATION, INC. RETIREMENT PLAN, DRUG ABUSE TREATMENT ASSOCIATION, INC.

DRUG ABUSE TREATMENT ASSOCIATION, INC.EIN 59-1363887Plan #001PY 2022

1016 CLEMMONS ST STE 300 - JUPITER, FL 334773305561-743-1034

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$3.3M

-14.8% from 2021

Total participants

-1.2% from 2021

Average account balance

$47,817

-1.2% from 2021

Annual return

-10.65%

-37.96 pp from 2021

Benchmarks

See 9,360 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,360 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.85M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

72.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$777K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+7.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4540

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$717K

$11377 / participant

Other / not subdivided$717K100.0%

% of EOY assets

21.724%

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

$47,817

$54,370-12.1%

$82,763-42.2%

$68,490-30.2%

Participation rate

76.2%

63.9%+12.3pp

72.6%+3.6pp

67.9%+8.3pp

Annual return

-10.65%

-13.67%+3.0pp

702.45%-713.1pp

-7.85%-2.8pp

Employer contribution / active EE

$7,964

$2,219+258.9%

$3,008+164.7%

$2,597+206.7%

Participant deferral / active EE

$769

$3,247-76.3%

$4,395-82.5%

$4,028-80.9%

Admin fee / account holder

$10,388

$4,398+136.2%

$5,325+95.1%

$5,403+92.3%

DRUG ABUSE TREATMENT ASSOCIATION, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DRUG ABUSE TREATMENT ASSOCIATION, 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