Retirement plan

NORTHERN HUMAN SERVICES 403(B) PLAN

Name: NORTHERN HUMAN SERVICES - NORTHERN HUMAN SERVICES 403(B) PLAN (2020) Form 5500
Creator: NORTHERN HUMAN SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHERN HUMAN SERVICES 403(B) PLAN, NORTHERN HUMAN SERVICES

NORTHERN HUMAN SERVICESEIN 02-0300994Plan #001PY 2020

87 WASHINGTON STREET - CONWAY, NH 03818603-447-3347northernhs.orgLinkedIn501-1000 employeesindividual & family services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.5M

+3.5% from 2019

Total participants

566

-2.7% from 2019

Average account balance

$26,769

+5.1% from 2019

Annual return

13.17%

-7.06 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.67M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

586

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.

79.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$82

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE6+ years Service code 13 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$61,925
LPL FINANCIAL1 year Filed as: WADDELL && REED, INC. Service code 27 · EIN 42-1235675 6300 LARAR AVENUE · SHAWNEE MISSION, KS 66202	Advisory (Plan)	$30,405
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS Service code 14 · EIN 82-3719843 200 DRYDEN ROAD · DRESHER, PA 19025	Plan Administrator	$23,352

Plan features & details

Pension benefit codes2F2G2J2M3D

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$118K

$275 / participant

Investment mgmt$33K27.8%
Contract admin$85K72.2%

% of EOY assets

0.874%

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: LEONE, MCDONNELL & ROBERTS, PA
Auditor EIN: 020417217
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,769

$52,293-48.8%

$178,498-85.0%

$73,412-63.5%

Participation rate

85.8%

65.3%+20.5pp

81.9%+3.9pp

72.2%+13.6pp

Annual return

13.17%

34.75%-21.6pp

151.09%-137.9pp

59.30%-46.1pp

Employer contribution / active EE

$965

$1,735-44.4%

$5,011-80.7%

$2,234-56.8%

Participant deferral / active EE

$1,242

$2,332-46.8%

$5,202-76.1%

$3,806-67.4%

Admin fee / account holder

$234

$127+83.7%

$13,985-98.3%

$158+48.2%

Provider

Service type

Compensation

NATIONWIDE6+ years

Service code 13 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$61,925

LPL FINANCIAL1 year

Filed as: WADDELL && REED, INC.

Service code 27 · EIN 42-1235675

6300 LARAR AVENUE · SHAWNEE MISSION, KS 66202

Advisory (Plan)

$30,405

ASCENSUS LLC1 year

Filed as: FUTUREPLAN BY ASCENSUS

Service code 14 · EIN 82-3719843

200 DRYDEN ROAD · DRESHER, PA 19025

Plan Administrator

$23,352

NORTHERN HUMAN SERVICES 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHERN HUMAN SERVICES 403(B) 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