Retirement plan

ELIZABETH RICHARDSON CENTER EMPLOYEES RETIREMENT PLAN

Name: ELIZABETH RICHARDSON CENTER, INC. - ELIZABETH RICHARDSON CENTER EMPLOYEES RETIREMENT PLAN (2017) Form 5500
Creator: ELIZABETH RICHARDSON CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELIZABETH RICHARDSON CENTER EMPLOYEES RETIREMENT PLAN, ELIZABETH RICHARDSON CENTER, INC.

ELIZABETH RICHARDSON CENTER, INC.EIN 71-0355090Plan #001PY 2017

3917 S OLD MISSOURI RD - SPRINGDALE, AR 727647321479-872-1800ercinc.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+24.7% from 2016

Total participants

261

+3.2% from 2016

Average account balance

$17,939

+1.6% from 2016

Annual return

17.74%

+13.60 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-15.31%

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS RETIREMENT AND BENEFITS Service code 13 · EIN 45-6062081	Contract Administrator	$17,242
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 711 HIGH STREET · DES MOINES, IA 50392	Contract Administrator	$3,052
WILSHIRE ASSOCIATES INCORPORATED1 year Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2G2L2M2T2E2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.

Opportunity flags

2 tripped

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

$20K

$99 / participant

Contract admin$20K100.0%

% of EOY assets

0.636%

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: STEVEN H. BERTRAM CPA, P.A.
Auditor EIN: 203765576
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,939

$50,637-64.6%

$86,582-79.3%

$62,293-71.2%

Participation rate

59.3%

67.9%-8.6pp

73.5%-14.2pp

69.5%-10.2pp

Annual return

17.74%

20.80%-3.1pp

965.08%-947.3pp

28.90%-11.2pp

Employer contribution / active EE

$1,066

$2,075-48.6%

$2,839-62.4%

$2,042-47.8%

Participant deferral / active EE

$888

$2,611-66.0%

$3,609-75.4%

$3,169-72.0%

Admin fee / account holder

$114

$413-72.4%

$4,904-97.7%

$479-76.2%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.1 year

Filed as: ALERUS RETIREMENT AND BENEFITS

Service code 13 · EIN 45-6062081

Contract Administrator

$17,242

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

711 HIGH STREET · DES MOINES, IA 50392

Contract Administrator

$3,052

WILSHIRE ASSOCIATES INCORPORATED1 year

Service code 27 · EIN 95-2755361

Advisory (Plan)

ELIZABETH RICHARDSON CENTER EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELIZABETH RICHARDSON CENTER EMPLOYEES RETIREMENT 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