Retirement plan

LEWIS COUNTY MENTAL HEALTH ASSOCIATION 401K PLAN

Name: LEWIS COUNTY MENTAL HEALTH ASSOCIATION - LEWIS COUNTY MENTAL HEALTH ASSOCIATION 401K PLAN (2019) Form 5500
Creator: LEWIS COUNTY MENTAL HEALTH ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEWIS COUNTY MENTAL HEALTH ASSOCIATION 401K PLAN, LEWIS COUNTY MENTAL HEALTH ASSOCIATION

LEWIS COUNTY MENTAL HEALTH ASSOCIATIONdba CASCADE MENTAL HEALTH CAREEIN 91-0836093Plan #001PY 2019

2428 W. REYNOLDS AVE - CENTRALIA, WA 98531360-330-9044cascadecommunityhealthcare.orgLinkedIn201-500 employeesmental health care

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.8M

+10.7% from 2018

Total participants

207

+7.3% from 2018

Average account balance

$19,209

-4.9% from 2018

Annual return

5.32%

-2.08 pp from 2018

Benchmarks

See 5,341 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,341 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.23M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

233

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$993K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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
AMERICAN UNITED LIFE INSURANCE CO4+ years Service code 15 · EIN 35-0145825	Recordkeeping	$11,742

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$5K

$32 / participant

Contract admin$5K100.0%

% of EOY assets

0.124%

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: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,209

$52,967-63.7%

$172,753-88.9%

$65,186-70.5%

Participation rate

94.6%

66.2%+28.4pp

82.6%+11.9pp

70.2%+24.4pp

Annual return

5.32%

30.12%-24.8pp

803.00%-797.7pp

29.39%-24.1pp

Employer contribution / active EE

$2,132

$2,190-2.6%

$5,144-58.5%

$2,177-2.0%

Participant deferral / active EE

$996

$2,471-59.7%

$5,198-80.8%

$3,514-71.7%

Admin fee / account holder

$24

$472-95.0%

$13,956-99.8%

$847-97.2%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO4+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$11,742

LEWIS COUNTY MENTAL HEALTH ASSOCIATION 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEWIS COUNTY MENTAL HEALTH ASSOCIATION 401K 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