Mental Health Services of Erie County South East Corporation V DBA Spectrum Health & Human Services

Form 5500 Data

Mental Health Services of Erie County South East Corporation V DBA Spectrum Health & Human Services

56
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
56
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (64)
Highest in Peer Group (91)

Plan Description

Spectrum Human Services Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Participation Rate. Spectrum Human Services Retirement Plan currently has over 400 active participants and over $8.0M in plan assets.

Did you know?

For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (56) and the top rated plan (91) could equate to:
19
Additional years of work
146,084
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 227 Thorn Avenue, Po Box 631
  • Location
    Orchard Park , NY
  • 14127
  • Industry
    Outpatient Mental Health and Substance Abuse Centers
  • Administrator
    Donald Dauman
  • Net Plan Assets
    $8,040,000
  • Total Participants
    400
  • Avg Account Balance
    $20,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

Participation Rate:
Great
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Great
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Prudential Guaranteed Income Fund 22%
N/A
Prudential International Blend 17%
N/A
JPMorgan Large Cap Growth 11%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Prudential
Insurance Advisor/Broker
M&T Bank
Administration
Prudential
Recordkeeper
Prudential
Auditor
Dopkins & Co

Articles and Questions

Boeing Plan Report (Updated)

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Why Do Investment Expenses Matter?
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