PlanOptica
Retirement plan

EMHS RETIREMENT PARTNERSHIP 403(B) PLAN

EASTERN MAINE HEALTHCARE SYSTEMSEIN 01-0527066Plan #002PY 2019
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43 WHITING HILL RD - BREWER, ME 04412207-973-7868
Other plans on this EIN
1 filing
#001Retirement-$295.4M assets
Prospect flagsCorrective distributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(207) 973-7868
Plan administrator signer
JOHN DOYLE, NLH VP OF FINANCE
Signed 09/02/2020
How to read this page

Summary metrics

Total assets (EOY)
$817.1M
-16.5% from 2016
Total participants
14,365
-5.1% from 2016
Average account balance
$61,278
-6.0% from 2016
Annual return
22.31%
-15.20 pp from 2016

Benchmarks

See 230 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort230 peers
Snapshot2019
Participant deferral / active EE
$3,987
median $3,454
Employer contribution / active EE
$1,222
median $1,544
Participation rate
91.4%
median 83.1%
Avg account balance
$61,278
median $50,526
Admin fee / account holder
$70
median $44
Annual return
22.31%
median 22.63%
Overall peer rank
48th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$1.18B
Average account balance
Total assets / participants with a balance (line 6g)
$83K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
14,112
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
94.9%
Contributions (total)
Employer and participant dollars contributed each year
$79.32M
Contributions per participant
Average employer and participant contribution per enrolled participant
$7K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+13.98%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$77
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 4 by compensation
ProviderService typeCompensation
FIDELITY INVESTMENTS INST OPER CO5+ years
Service code 37 · EIN 04-2647786
PO BOX 770002 · CINCINNATI, OH 452770027
Loan Processing
$802,261
NEW ENGLAND RETIREMENT CONSULTANTS5+ years
Service code 15 · EIN 20-5322603
470 ATLANTIC AVENUE · BOSTON, MA 02210
Recordkeeping
$71,852
BERRY DUNN5+ years
Service code 10 · EIN 01-0523282
100 MIDDLE STREEET · PORTLAND, ME 04101
Accounting
$28,736
STRATEGIC ADVISORS, INC.1 year
Service code 27 · EIN 04-2654524
Advisory (Plan)
$25,325

Top hat statement on fileNQDC

Filed October 18, 2006

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2F2G2K2L2M2R2S2T3H
Plan features
  • 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.
  • 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.
  • 2L
    Code section 403(b)(1) arrangement
    Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
  • 2M
    Code section 403(b)(7) accounts
    Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • 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

1 tripped
  • ComplianceCorrective distributions

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

Expense breakdown

Schedule H Part II
Admin total
$928K
$77 / participant
  • Investment mgmt$97K10.5%
  • Contract admin$802K86.4%
  • Other / not subdivided$29K3.1%
% of EOY assets
0.114%
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
BERRY DUNN MCNEIL AND PARKER
Auditor EIN
010523282
Audit fees
(not subdivided)
Opinion code
Disclaimer