Retirement plan

PENNY LANE 401(K) RETIREMENT PLAN

Name: PENNY LANE CENTERS - PENNY LANE 401(K) RETIREMENT PLAN (2015) Form 5500
Creator: PENNY LANE CENTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENNY LANE 401(K) RETIREMENT PLAN, PENNY LANE CENTERS

PENNY LANE CENTERSEIN 95-2633765Plan #001PY 2015

15305 RAYEN STREET - NORTH HILLS, CA 913435117818-894-3384pennylane.orgLinkedIn501-1000 employeesmental health care

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$7.9M

No prior year

Total participants

679

No prior year

Average account balance

$13,758

No prior year

Annual return

-0.73%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.26M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

591

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.02M

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

+13.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$23,830
ASCENSUS LLC1+ years Filed as: ASCENSUS CONSULTING Service code 15 · EIN 20-3623147	Recordkeeping	$11,302
NATIONAL RETIREMENT SERVICES, INC.1+ years Service code 15	Recordkeeping	$1,391
NATIONAL RETIREMENT SERVICES, INC.1+ years Filed as: NATIONAL RETIREMENT SERVICES, INC.- Service code 15 · EIN 33-0962367	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$24K

$39 / participant

Contract admin$24K100.0%

% of EOY assets

0.304%

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: HARRINGTON GROUP
Auditor EIN: 954557617
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,758

$37,117-62.9%

$147,617-90.7%

$55,191-75.1%

Participation rate

82.3%

63.6%+18.7pp

84.6%-2.3pp

69.2%+13.2pp

Annual return

-0.73%

3.44%-4.2pp

61.98%-62.7pp

10.78%-11.5pp

Employer contribution / active EE

$879

$1,620-45.8%

$5,564-84.2%

$1,899-53.7%

Participant deferral / active EE

$1,297

$1,985-34.7%

$4,895-73.5%

$3,046-57.4%

Admin fee / account holder

$42

$86-51.2%

$11,612-99.6%

$91-54.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$23,830

ASCENSUS LLC1+ years

Filed as: ASCENSUS CONSULTING

Service code 15 · EIN 20-3623147

Recordkeeping

$11,302

NATIONAL RETIREMENT SERVICES, INC.1+ years

Service code 15

Recordkeeping

$1,391

NATIONAL RETIREMENT SERVICES, INC.1+ years

Filed as: NATIONAL RETIREMENT SERVICES, INC.-

Service code 15 · EIN 33-0962367

Recordkeeping

PENNY LANE 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENNY LANE 401(K) RETIREMENT 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