Retirement plan

STARS BEHAVIORAL HEALTH GROUP 401K PLAN

Name: STARS BEHAVIORAL HEALTH GROUP - STARS BEHAVIORAL HEALTH GROUP 401K PLAN (2015) Form 5500
Creator: STARS BEHAVIORAL HEALTH GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STARS BEHAVIORAL HEALTH GROUP 401K PLAN, STARS BEHAVIORAL HEALTH GROUP

STARS BEHAVIORAL HEALTH GROUPEIN 94-3299940Plan #001PY 2015

1501 HUGHES WAY, SUITE 150 - LONG BEACH, CA 90810310-221-6336

Prospect flagsLow assets / participantFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$15.2M

No prior year

Total participants

1,534

No prior year

Average account balance

$11,026

No prior year

Annual return

2.04%

No prior year

Benchmarks

See 1,197 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,197 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$57.12M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

2,533

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$117

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 6 by compensation

Provider	Service type	Compensation
ACTUARIAL BENEFITS CORP1+ years Service code 13	Contract Administrator	$52,717
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$46,549
ALPHAPOINT, INC.1+ years Service code 27 2101 EAST COAST HIGHWAY · CORONA DEL MAR, CA 92625	Advisory (Plan)	$6,000
ACTUARIAL BENEFITS CORP1+ years Filed as: ACTUARIAL BENEFITS CORP. Service code 13 · EIN 20-1054428	Contract Administrator	$0
WILSHIRE ASSOCIATES INCORPORATED1+ years Filed as: WILSHIRE ASSOCIATES Service code 52 · EIN 95-2755361	Indirect Investment Fees	$0
WILSHIRE ASSOCIATES INCORPORATED1+ years Filed as: WILSHIRE ASSOCIATES INC. Service code 27	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$48K

$35 / participant

Investment mgmt$9782.1%
Contract admin$47K97.9%

% of EOY assets

0.313%

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: GOOD & FOWLER, LLP
Auditor EIN: 941262196
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,026

$37,039-70.2%

$147,618-92.5%

$59,188-81.4%

Participation rate

88.6%

63.8%+24.9pp

84.6%+4.0pp

69.4%+19.2pp

Annual return

2.04%

7.19%-5.1pp

61.98%-59.9pp

5.51%-3.5pp

Employer contribution / active EE

$358

$1,353-73.5%

$5,565-93.6%

$2,098-82.9%

Participant deferral / active EE

$1,380

$2,094-34.1%

$4,895-71.8%

$3,265-57.7%

Admin fee / account holder

$34

$60-42.7%

$11,612-99.7%

$92-62.6%

Provider

Service type

Compensation

ACTUARIAL BENEFITS CORP1+ years

Service code 13

Contract Administrator

$52,717

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$46,549

ALPHAPOINT, INC.1+ years

Service code 27

2101 EAST COAST HIGHWAY · CORONA DEL MAR, CA 92625

Advisory (Plan)

$6,000

ACTUARIAL BENEFITS CORP1+ years

Filed as: ACTUARIAL BENEFITS CORP.

Service code 13 · EIN 20-1054428

Contract Administrator

WILSHIRE ASSOCIATES INCORPORATED1+ years

Filed as: WILSHIRE ASSOCIATES

Service code 52 · EIN 95-2755361

Indirect Investment Fees

WILSHIRE ASSOCIATES INCORPORATED1+ years

Filed as: WILSHIRE ASSOCIATES INC.

Service code 27

Advisory (Plan)

STARS BEHAVIORAL HEALTH GROUP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STARS BEHAVIORAL HEALTH GROUP 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