Retirement plan

EMPLOYEE BENEFIT PLAN OF CDAC BEHAVIORAL HEALTHCARE, INC.

Name: CDAC BEHAVIORAL HEALTHCARE, INC. - EMPLOYEE BENEFIT PLAN OF CDAC BEHAVIORAL HEALTHCARE, INC. (2020) 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 2020

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

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.6M

+4.4% from 2019

Total participants

+11.9% from 2019

Average account balance

$36,664

-5.8% from 2019

Annual return

11.79%

+6.41 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$395K

$6693 / participant

Other / not subdivided$395K100.0%

% of EOY assets

14.960%

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

$36,664

$91,198-59.8%

$178,503-79.5%

$79,856-54.1%

Participation rate

94.9%

69.2%+25.7pp

81.9%+13.0pp

69.6%+25.3pp

Annual return

11.79%

24.20%-12.4pp

151.12%-139.3pp

31.71%-19.9pp

Employer contribution / active EE

$682

$3,257-79.1%

$5,011-86.4%

$2,471-72.4%

Participant deferral / active EE

$2,820

$3,237-12.9%

$5,202-45.8%

$3,741-24.6%

Admin fee / account holder

$5,485

$6,748-18.7%

$13,987-60.8%

$5,306+3.4%

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