Retirement plan

HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINIC 403B PLAN

Name: HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINIC - HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINIC 403B PLAN (2019) Form 5500
Creator: HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINIC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINIC 403B PLAN, HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINIC

HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINICEIN 95-1643391Plan #001PY 2019

3628 STOCKDALE HWY - BAKERSFIELD, CA 933092153661-322-1021hwmcgc.orgLinkedIn11-50 employeesmental health care

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.9M

+27.1% from 2018

Total participants

161

+22.9% from 2018

Average account balance

$30,850

+9.7% from 2018

Annual return

19.07%

+28.00 pp from 2018

Benchmarks

See 1,705 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,705 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.87M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

145

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.

62.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$608K

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

+10.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 51 · EIN 35-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Investment Mgmt Fees	$26,843
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 27 NC1409 · CHARLOTTE, NC 282881207	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2M3D

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

2 tripped

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

$2K

$14 / participant

Investment mgmt$2K100.0%

% of EOY assets

0.065%

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: KIMBERLIN COMPANY
Auditor EIN: 455497718
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,850

$51,620-40.2%

$90,304-65.8%

$65,185-52.7%

Participation rate

51.8%

68.6%-16.8pp

73.3%-21.4pp

70.2%-18.4pp

Annual return

19.07%

24.94%-5.9pp

78.13%-59.1pp

29.38%-10.3pp

Employer contribution / active EE

$1,383

$2,235-38.1%

$2,855-51.6%

$2,177-36.5%

Participant deferral / active EE

$898

$2,871-68.7%

$3,885-76.9%

$3,514-74.4%

Admin fee / account holder

$20

$384-94.8%

$5,354-99.6%

$847-97.6%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 51 · EIN 35-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Investment Mgmt Fees

$26,843

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS

Service code 27

NC1409 · CHARLOTTE, NC 282881207

Advisory (Plan)

HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINIC 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HENRIETTA WEILL MEMORIAL CHILD GUIDANCE CLINIC 403B 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