Retirement plan

ST. JOSEPH CORPORATE SERVICES 401(K) PLAN

Name: ST. JOSEPH HOSPITAL CORPORATE SERVICES, INC. - ST. JOSEPH CORPORATE SERVICES 401(K) PLAN (2019) Form 5500
Creator: ST. JOSEPH HOSPITAL CORPORATE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. JOSEPH CORPORATE SERVICES 401(K) PLAN, ST. JOSEPH HOSPITAL CORPORATE SERVICES, INC.

ST. JOSEPH HOSPITAL CORPORATE SERVICES, INC.EIN 02-0405197Plan #001PY 2019

172 KINSLEY STREET - NASHUA, NH 03060603-595-3157LinkedIn201-500 employeesmedical practice

Prospect flagsLow employer contributionWind-down / frozen

How to read this page

Total assets (EOY)

$25.2M

+19.9% from 2018

Total participants

277

-10.1% from 2018

Average account balance

$90,896

+33.3% from 2018

Annual return

22.65%

+28.36 pp from 2018

Benchmarks

See 104,307 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,307 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.51M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

158

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$243K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+22.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$190

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS5+ years Service code 12 · EIN 13-3689044	Participant communication; Recordkeep...	$31,602
PINNACLE FINANCIAL SERVICES, INC.3 years Filed as: PINNACLE PENSION CONSULTANTS LLC Service code 16 · EIN 81-0776852	Consulting	$24,024
CHARLES SCHWAB & CO., INC.5+ years Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$25
MID ATLANTIC CAPITAL CORPORATION5+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY DEAN WITTER Service code 16 ONE NEW YORK PLAZA · NEW YORK, NY 10004	Consulting	$0
NATIONAL FINANCIAL SERVICES5+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2T2F2G2J2K2R3H3D

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

Admin total

$56K

$3975 / participant

Investment mgmt$24K43.2%
Other / not subdivided$32K56.8%

% of EOY assets

0.221%

all-in expense ratio

Categories reported

1 / 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: BOIVIN & ASSOCIATES, CPAS, PLLC
Auditor EIN: 271516157
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,896

$202,342-55.1%

$172,752-47.4%

$152,897-40.6%

Participation rate

100.0%

87.1%+12.9pp

82.6%+17.4pp

82.5%+17.5pp

Annual return

22.65%

1029.83%-1007.2pp

802.97%-780.3pp

345.43%-322.8pp

Employer contribution / active EE

$45

$5,858-99.2%

$5,144-99.1%

$4,764-99.1%

Participant deferral / active EE

$20,732

$5,948+248.5%

$5,198+298.9%

$5,851+254.3%

Admin fee / account holder

$201

$17,111-98.8%

$13,955-98.6%

$11,599-98.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5+ years

Service code 12 · EIN 13-3689044

Participant communication; Recordkeep...

$31,602

PINNACLE FINANCIAL SERVICES, INC.3 years

Filed as: PINNACLE PENSION CONSULTANTS LLC

Service code 16 · EIN 81-0776852

Consulting

$24,024

CHARLES SCHWAB & CO., INC.5+ years

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$25

MID ATLANTIC CAPITAL CORPORATION5+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY DEAN WITTER

Service code 16

ONE NEW YORK PLAZA · NEW YORK, NY 10004

Consulting

NATIONAL FINANCIAL SERVICES5+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

ST. JOSEPH CORPORATE SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. JOSEPH CORPORATE SERVICES 401(K) 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