Retirement plan

AADAP, INC. 401(K) PROFIT SHARING PLAN

Name: ASIAN AMERICAN DRUG ABUSE PROGRAM, INC. - AADAP, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: ASIAN AMERICAN DRUG ABUSE PROGRAM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AADAP, INC. 401(K) PROFIT SHARING PLAN, ASIAN AMERICAN DRUG ABUSE PROGRAM, INC.

ASIAN AMERICAN DRUG ABUSE PROGRAM, INC.EIN 95-2848695Plan #002PY 2016

2900 SOUTH CRENSHAW - LOS ANGELES, CA 90016323-293-6284

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$7.5M

No prior year

Total participants

141

No prior year

Average account balance

$53,100

No prior year

Annual return

-1.87%

No prior year

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.61M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

215

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$804K

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

+9.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$473

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 64 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$74,695
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL, LLC Service code 28 4707 EXECUTIVE DR. · SAN DIEGO, CA 92121	Investment Management	$45,302
QBI, LLC1+ years Service code 15 · EIN 26-2768667 21031 VENTURA BLVD., 12TH FLOOR · WOODLAND HILLS, CA 91364	Recordkeeping	$7,405
IRON-CO-FID-COMPREHENSIVE1+ years Service code 28 · EIN 26-2409128 630 DUNDEE RD SUITE 200 · NORTHBROOK, IL 60062	Investment Management	$5,670
LPL FINANCIAL1+ years Filed as: LPL Service code 28 P.O BOX 502308 · SAN DIEGO, CA 92150	Investment Management	$180

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.

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: PAUL SHISHIMA & CO.
Auditor EIN: 462879588
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,100

$48,078+10.4%

$78,676-32.5%

$62,881-15.6%

Participation rate

100.0%

65.2%+34.8pp

73.6%+26.4pp

69.3%+30.7pp

Annual return

-1.87%

31.36%-33.2pp

62.19%-64.1pp

20.14%-22.0pp

Employer contribution / active EE

$3,850

$2,015+91.1%

$2,850+35.1%

$2,281+68.8%

Participant deferral / active EE

$3,115

$2,587+20.4%

$3,517-11.4%

$3,203-2.8%

Admin fee / account holder

$3,206-100.0%

$4,510-100.0%

$4,296-100.0%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 64 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$74,695

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL, LLC

Service code 28

4707 EXECUTIVE DR. · SAN DIEGO, CA 92121

Investment Management

$45,302

QBI, LLC1+ years

Service code 15 · EIN 26-2768667

21031 VENTURA BLVD., 12TH FLOOR · WOODLAND HILLS, CA 91364

Recordkeeping

$7,405

IRON-CO-FID-COMPREHENSIVE1+ years

Service code 28 · EIN 26-2409128

630 DUNDEE RD SUITE 200 · NORTHBROOK, IL 60062

Investment Management

$5,670

LPL FINANCIAL1+ years

Filed as: LPL

Service code 28

P.O BOX 502308 · SAN DIEGO, CA 92150

Investment Management

$180

AADAP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AADAP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion