Retirement plan

EMPLOYEE BENEFIT PLAN OF CDAC BEHAVIORAL HEALTHCARE, INC.

Name: CDAC BEHAVIORAL HEALTHCARE, INC. - EMPLOYEE BENEFIT PLAN OF CDAC BEHAVIORAL HEALTHCARE, INC. (2019) Form 5500
Creator: CDAC BEHAVIORAL HEALTHCARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF CDAC BEHAVIORAL HEALTHCARE, INC., CDAC BEHAVIORAL HEALTHCARE, INC.

CDAC BEHAVIORAL HEALTHCARE, INC.EIN 59-1380927Plan #002PY 2019

3804 N 9TH AVE - PENSACOLA, FL 325032802850-434-2724cdac.infoLinkedIn51-200 employeeshealth, wellness and fitness

Other plans on this EIN

1 filing

#001Retirement-$147K assets

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.5M

+10.0% from 2018

Total participants

-5.6% from 2018

Average account balance

$38,915

+18.4% from 2018

Annual return

5.39%

-22.94 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

$4.57M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

124

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$299K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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

3 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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$82K

$1515 / participant

Other / not subdivided$82K100.0%

% of EOY assets

3.235%

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

$38,915

$85,171-54.3%

$172,753-77.5%

$72,976-46.7%

Participation rate

96.3%

70.1%+26.2pp

82.6%+13.7pp

69.5%+26.8pp

Annual return

5.39%

27.32%-21.9pp

803.00%-797.6pp

81.02%-75.6pp

Employer contribution / active EE

$639

$3,324-80.8%

$5,144-87.6%

$2,440-73.8%

Participant deferral / active EE

$2,826

$3,260-13.3%

$5,198-45.6%

$3,608-21.7%

Admin fee / account holder

$1,259

$5,880-78.6%

$13,956-91.0%

$5,124-75.4%

EMPLOYEE BENEFIT PLAN OF CDAC BEHAVIORAL HEALTHCARE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF CDAC BEHAVIORAL HEALTHCARE, 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