Retirement plan
GREENVILLE HOSPITAL RETIREMENT PLAN
BARNABAS HEALTH, INC.EIN 22-2405279Plan #008PY 2018
95 OLD SHORT HILLS ROAD - WEST ORANGE, NJ 07052973-322-4400LinkedIn1001-5000 employeesnon-profit organization management
Prospect flagsLow assets / participantLow employer contributionLow participant contributionWind-down / frozen
Filing contacts
From the Form 5500, federal recordPlan administrator signer
ALGRETTA HATCHER
Signed 10/10/2019
Summary metrics
Total assets (EOY)
$922K
No prior year
Total participants
41
No prior year
Average account balance
$23,056
No prior year
Annual return
-3.84%
+96.16 pp from 2019
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants<25
Cohort105,553 peers
Snapshot2018
0
Participant deferral / active EE
$0
median $4,873
0
Employer contribution / active EE
$0
median $2,970
17
Participation rate
75.0%
median 100.0%
17
Avg account balance
$23,056
median $90,332
88
Admin fee / account holder
-$33
median $727
66
Annual return
-3.84%
median -5.99%
Overall peer rank
31of 100
31st percentileavg across 6 metrics
Analytics
Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.
Service providers
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 60 · EIN 04-2647786 | Sub-TA Fees | -$435 |
Top hat statement on fileNQDC
Filed September 15, 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.
Plan features & details
Pension benefit codes2G2K2T3D3H2F
Plan features
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2KCode section 401(m) arrangementEmployee 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.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3DPre-approved pension planA master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
4 tripped
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
- OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
- InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Expense breakdown
Schedule H Part II
Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.
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
- WITHUMSMITH+BROWN, PC
- Auditor EIN
- 222027092
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer