Retirement plan

QUINCO RETIREMENT SAVINGS PLAN

Name: QUINCO MENTAL HEALTH CENTERS - QUINCO RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: QUINCO MENTAL HEALTH CENTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUINCO RETIREMENT SAVINGS PLAN, QUINCO MENTAL HEALTH CENTERS

QUINCO MENTAL HEALTH CENTERSEIN 62-0926486Plan #001PY 2016

10710 OLD HWY. 64 - BOLIVAR, TN 38008731-658-6113quincocmhc.comLinkedIn51-200 employeesmental health care

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$4.8M

+8.5% from 2015

Total participants

185

+1.6% from 2015

Average account balance

-100.0% from 2015

Annual return

6.78%

+7.09 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.19M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

102

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.

93.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$336K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8183

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

Top 2 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2+ years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 53 1400 MERRILL LYNCH DR · PENNINGTON, NJ 08534	Insurance Commissions	$15,553
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: DYATECH LLC Service code 15 · EIN 64-0932631 805 S WHEATLEY ST STE 600 · RIDGELAND, MS 39157	Recordkeeping	$2,222

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$925

$7 / participant

Contract admin$925100.0%

% of EOY assets

0.019%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GOODWIN & ASSOCIATES, PLLC
Auditor EIN: 621649263
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,732-100.0%

$156,551-100.0%

$55,167-100.0%

Participation rate

0.0%

65.8%-65.8pp

84.0%-84.0pp

69.0%-69.0pp

Annual return

6.78%

17.72%-10.9pp

32.23%-25.4pp

169.23%-162.4pp

Employer contribution / active EE

$1,162

$2,105-44.8%

$5,501-78.9%

$1,963-40.8%

Participant deferral / active EE

$1,409

$2,204-36.1%

$4,871-71.1%

$3,054-53.9%

Admin fee / account holder

$418-100.0%

$13,028-100.0%

$504-100.0%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2+ years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 53

1400 MERRILL LYNCH DR · PENNINGTON, NJ 08534

Insurance Commissions

$15,553

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: DYATECH LLC

Service code 15 · EIN 64-0932631

805 S WHEATLEY ST STE 600 · RIDGELAND, MS 39157

Recordkeeping

$2,222

QUINCO RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUINCO RETIREMENT SAVINGS 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