Retirement plan

EXCEPTIONAL CARE FOR CHILDREN 403(B) PLAN

Name: EXCEPTIONAL CARE FOR CHILDREN, INC. - EXCEPTIONAL CARE FOR CHILDREN 403(B) PLAN (2024) Form 5500
Creator: EXCEPTIONAL CARE FOR CHILDREN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXCEPTIONAL CARE FOR CHILDREN 403(B) PLAN, EXCEPTIONAL CARE FOR CHILDREN, INC.

EXCEPTIONAL CARE FOR CHILDREN, INC.EIN 80-0748765Plan #001PY 2024

11 INDEPENDENCE WAY - NEWARK, DE 19713302-894-1001exceptionalcare.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$4.8M

+21.7% from 2023

Total participants

218

-6.4% from 2023

Average account balance

$34,359

+22.5% from 2023

Annual return

18.55%

-2.12 pp from 2023

Benchmarks

See 5,993 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,993 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.78M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

139

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.

55.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$508K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+18.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$152

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
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSRANCE CO Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$8,263
MERIDIAN WEALTH PARTNERS LLC1 year Service code 27 · EIN 81-5475391 653 SKIPPACK PIKE STE 210 · BLUE BELL, PA 19422	Advisory (Plan)	$7,857
PENSION PLAN CONSULTANTS LLC1 year Service code 13 · EIN 26-4274775 4 WOODLAND CIRCLE · MOUNTAIN TOP, PA 18707	Contract Administrator	$7,642
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$303

Plan features & details

Pension benefit codes2F2G2K2L2T

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.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$21K

$118 / participant

Investment mgmt$8K37.3%
Contract admin$13K59.4%
Other / not subdivided$7023.3%

% of EOY assets

0.441%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BELFINT, LYONS & SHUMAN P.A.
Auditor EIN: 510232399
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,359

$55,470-38.1%

$155,556-77.9%

$74,478-53.9%

Participation rate

55.6%

61.9%-6.3pp

78.2%-22.6pp

67.2%-11.6pp

Annual return

18.55%

269.80%-251.3pp

64.84%-46.3pp

1370.56%-1352.0pp

Employer contribution / active EE

$312

$2,267-86.2%

$4,675-93.3%

$2,626-88.1%

Participant deferral / active EE

$2,543

$2,838-10.4%

$5,631-54.8%

$4,350-41.5%

Admin fee / account holder

$152

$1,744-91.3%

$15,885-99.0%

$1,946-92.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSRANCE CO

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$8,263

MERIDIAN WEALTH PARTNERS LLC1 year

Service code 27 · EIN 81-5475391

653 SKIPPACK PIKE STE 210 · BLUE BELL, PA 19422

Advisory (Plan)

$7,857

PENSION PLAN CONSULTANTS LLC1 year

Service code 13 · EIN 26-4274775

4 WOODLAND CIRCLE · MOUNTAIN TOP, PA 18707

Contract Administrator

$7,642

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$303

EXCEPTIONAL CARE FOR CHILDREN 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXCEPTIONAL CARE FOR CHILDREN 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