Retirement plan

THE CRISIS CENTER OF BIRMINGHAM, INC. 403(B) PLAN

Name: THE CRISIS CENTER OF BIRMINGHAM, INC. - THE CRISIS CENTER OF BIRMINGHAM, INC. 403(B) PLAN (2016) Form 5500
Creator: THE CRISIS CENTER OF BIRMINGHAM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CRISIS CENTER OF BIRMINGHAM, INC. 403(B) PLAN, THE CRISIS CENTER OF BIRMINGHAM, INC.

THE CRISIS CENTER OF BIRMINGHAM, INC.EIN 63-0583947Plan #001PY 2016

3600 8TH AVE S STE 501 - BIRMINGHAM, AL 352223223205-323-7882LinkedIn1-10 employeesmental health care

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$403K

+8.0% from 2015

Total participants

+11.1% from 2015

Average account balance

$18,330

+3.1% from 2015

Annual return

3.54%

+5.94 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

$740K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

47.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$657

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

+11.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3539

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 codes2F2G2L2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.

Expense breakdown

Schedule H Part II

Admin total

$59K

$2260 / participant

Other / not subdivided$59K100.0%

% of EOY assets

14.573%

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

$18,330

$77,638-76.4%

$156,551-88.3%

$62,881-70.9%

Participation rate

69.2%

71.2%-2.0pp

84.0%-14.8pp

69.3%-0.1pp

Annual return

3.54%

50.33%-46.8pp

32.23%-28.7pp

20.14%-16.6pp

Employer contribution / active EE

$1,451

$3,444-57.9%

$5,501-73.6%

$2,281-36.4%

Participant deferral / active EE

$1,441

$3,046-52.7%

$4,871-70.4%

$3,203-55.0%

Admin fee / account holder

$2,671

$5,561-52.0%

$13,028-79.5%

$4,296-37.8%

THE CRISIS CENTER OF BIRMINGHAM, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CRISIS CENTER OF BIRMINGHAM, INC. 403(B) 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