Retirement plan

EMPLOYEE BENEFITS PLAN OF MENTAL HEALTH ASSOCIATIO GREATER BATON ROUGE, INC.

Name: MENTAL HEALTH ASSOCIATION FOR GREATER BATON ROUGE, INC. - EMPLOYEE BENEFITS PLAN OF MENTAL HEALTH ASSOCIATIO GREATER BATON ROUGE, INC. (2019) Form 5500
Creator: MENTAL HEALTH ASSOCIATION FOR GREATER BATON ROUGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFITS PLAN OF MENTAL HEALTH ASSOCIATIO GREATER BATON ROUGE, INC., MENTAL HEALTH ASSOCIATION FOR GREATER BATON ROUGE, INC.

MENTAL HEALTH ASSOCIATION FOR GREATER BATON ROUGE, INC.EIN 72-0688911Plan #002PY 2019

544 COLONIAL DRIVE - BATON ROUGE, LA 708066507225-929-7674louisianamha.orgLinkedIn11-50 employeesmental health care

Other plans on this EIN

1 filing

#001Retirement-$143K assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$414K

+5.6% from 2018

Total participants

-13.3% from 2018

Average account balance

$31,836

No prior year

Annual return

19.50%

+25.25 pp from 2018

Benchmarks

See 35,105 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,105 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$638K

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19K

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

+14.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$664

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 codes2C2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

$76K

$9530 / participant

Other / not subdivided$76K100.0%

% of EOY assets

18.421%

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

$31,836

$103,038-69.1%

$90,324-64.8%

$152,909-79.2%

Participation rate

100.0%

75.9%+24.1pp

73.3%+26.7pp

82.5%+17.5pp

Annual return

19.50%

95.25%-75.8pp

78.15%-58.7pp

345.46%-326.0pp

Employer contribution / active EE

$2,711

$3,141-13.7%

$2,856-5.1%

$4,764-43.1%

Participant deferral / active EE

$4,282-100.0%

$3,885-100.0%

$5,851-100.0%

Admin fee / account holder

$5,864

$6,177-5.1%

$5,356+9.5%

$11,601-49.4%

EMPLOYEE BENEFITS PLAN OF MENTAL HEALTH ASSOCIATIO GREATER BATON ROUGE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFITS PLAN OF MENTAL HEALTH ASSOCIATIO GREATER BATON ROUGE, 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