Retirement plan

THE MOHAVE PLAN

Name: MOHAVE MENTAL HEALTH CLINIC INC - THE MOHAVE PLAN (2024) Form 5500
Creator: MOHAVE MENTAL HEALTH CLINIC INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MOHAVE PLAN, MOHAVE MENTAL HEALTH CLINIC INC

MOHAVE MENTAL HEALTH CLINIC INCEIN 86-0214457Plan #001PY 2024

3707 N STOCKTON HILL ROAD, SUITE B - KINGMAN, AZ 86409928-757-8111LinkedIn201-500 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$15.5M

+7.5% from 2023

Total participants

318

-12.2% from 2023

Average account balance

$50,884

+24.8% from 2023

Annual return

11.03%

-5.02 pp from 2023

Benchmarks

See 5,998 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,998 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.52M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

305

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25

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 1 by compensation

Provider	Service type	Compensation
AMERITAS LIFE INSURANCE CORP10+ years Service code 15 · EIN 47-0098400	Recordkeeping	$7,724

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$33 / participant

Recordkeeping$8K98.4%
Contract admin$1251.6%

% of EOY assets

0.050%

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: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,884

$55,437-8.2%

$155,534-67.3%

$74,459-31.7%

Participation rate

94.5%

61.9%+32.6pp

78.2%+16.3pp

67.2%+27.3pp

Annual return

11.03%

269.58%-258.5pp

64.92%-53.9pp

1369.70%-1358.7pp

Employer contribution / active EE

$3,372

$2,266+48.8%

$4,675-27.9%

$2,626+28.4%

Participant deferral / active EE

$3,434

$2,837+21.0%

$5,630-39.0%

$4,350-21.1%

Admin fee / account holder

$25

$1,742-98.5%

$15,900-99.8%

$1,945-98.7%

Provider

Service type

Compensation

AMERITAS LIFE INSURANCE CORP10+ years

Service code 15 · EIN 47-0098400

Recordkeeping

$7,724

THE MOHAVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MOHAVE 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