Retirement plan

EMPLOYEE BENEFIT PLAN OF FIRST STEPS, INC.

Name: FIRST STEPS, INC. - EMPLOYEE BENEFIT PLAN OF FIRST STEPS, INC. (2016) Form 5500
Creator: FIRST STEPS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF FIRST STEPS, INC., FIRST STEPS, INC.

FIRST STEPS, INC.EIN 62-0674974Plan #003PY 2016

1900 GRAYBAR LN - NASHVILLE, TN 37215615-690-3091firststepsnashville.orgLinkedIn11-50 employeesindividual & family services

Other plans on this EIN

2 filings

#002Retirement-$11K assets #004Retirement-$4K assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$226K

+33.5% from 2015

Total participants

+2.7% from 2015

Average account balance

$6,447

+41.1% from 2015

Annual return

9.06%

+10.59 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$788K

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

191.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$404

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 codes2E2L3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$9K

$276 / participant

Other / not subdivided$9K100.0%

% of EOY assets

4.153%

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

$6,447

$77,638-91.7%

$156,551-95.9%

$62,881-89.7%

Participation rate

91.2%

71.2%+20.0pp

84.0%+7.2pp

69.3%+21.9pp

Annual return

9.06%

50.33%-41.3pp

32.23%-23.2pp

20.14%-11.1pp

Employer contribution / active EE

$564

$3,444-83.6%

$5,501-89.8%

$2,281-75.3%

Participant deferral / active EE

$918

$3,046-69.9%

$4,871-81.2%

$3,203-71.3%

Admin fee / account holder

$268

$5,561-95.2%

$13,028-97.9%

$4,296-93.8%

EMPLOYEE BENEFIT PLAN OF FIRST STEPS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF FIRST STEPS, 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