Retirement plan

METHODIST CHILDREN'S HOME EMPLOYEES RETIREMENT PLAN AND TRUST

Name: METHODIST CHILDRENS HOME - METHODIST CHILDREN'S HOME EMPLOYEES RETIREMENT PLAN AND TRUST (2016) Form 5500
Creator: METHODIST CHILDRENS HOME
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, METHODIST CHILDREN'S HOME EMPLOYEES RETIREMENT PLAN AND TRUST, METHODIST CHILDRENS HOME

METHODIST CHILDRENS HOMEEIN 74-1109750Plan #001PY 2016

1111 HERRING AVENUE - WACO, TX 76708254-753-0181mch.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$13.7M

-6.4% from 2015

Total participants

307

+9.3% from 2015

Average account balance

$60,766

-0.6% from 2015

Annual return

6.93%

+6.67 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.40M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

344

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.

70.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.85M

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

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$298

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$37,035
LEAFHOUSE FINANCIAL ADVISORS, LLC1 year Service code 27 · EIN 26-4311657	Advisory (Plan)	$30,120
ATCHLEY & ASSOCIATES1 year Service code 10 · EIN 74-2920819	Accounting	$9,519
MY BENEFITS, LLC2+ years Filed as: PB&H BENEFITS Service code 13 · EIN 74-1130599	Contract Administrator	$6,661

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$47K

$180 / participant

Investment mgmt$10K20.4%
Contract admin$37K79.6%

% of EOY assets

0.339%

all-in expense ratio

Categories reported

2 / 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: ATCHLEY & ASSOCIATES, LLP
Auditor EIN: 742920819
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,766

$36,916+64.6%

$156,551-61.2%

$57,658+5.4%

Participation rate

68.6%

63.4%+5.2pp

84.0%-15.4pp

70.2%-1.6pp

Annual return

6.93%

12.38%-5.4pp

32.23%-25.3pp

5.13%+1.8pp

Employer contribution / active EE

$2,882

$1,571+83.5%

$5,501-47.6%

$1,974+46.0%

Participant deferral / active EE

$2,285

$1,926+18.7%

$4,871-53.1%

$3,061-25.3%

Admin fee / account holder

$206

$82+149.7%

$13,028-98.4%

$95+117.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$37,035

LEAFHOUSE FINANCIAL ADVISORS, LLC1 year

Service code 27 · EIN 26-4311657

Advisory (Plan)

$30,120

ATCHLEY & ASSOCIATES1 year

Service code 10 · EIN 74-2920819

Accounting

$9,519

MY BENEFITS, LLC2+ years

Filed as: PB&H BENEFITS

Service code 13 · EIN 74-1130599

Contract Administrator

$6,661

METHODIST CHILDREN'S HOME EMPLOYEES RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

METHODIST CHILDREN'S HOME EMPLOYEES RETIREMENT PLAN AND TRUST

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