Retirement plan

CENTRAL VERMONT HOME HEALTH AND HOSPICE EMPLOYEE RETIREMENT PLAN

Name: CENTRAL VERMONT HOME HEALTH AND HOSPICE, INC. - CENTRAL VERMONT HOME HEALTH AND HOSPICE EMPLOYEE RETIREMENT PLAN (2016) Form 5500
Creator: CENTRAL VERMONT HOME HEALTH AND HOSPICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL VERMONT HOME HEALTH AND HOSPICE EMPLOYEE RETIREMENT PLAN, CENTRAL VERMONT HOME HEALTH AND HOSPICE, INC.

CENTRAL VERMONT HOME HEALTH AND HOSPICE, INC.EIN 03-0186089Plan #002PY 2016

600 GRANGER ROAD - BARRE, VT 05641802-223-1878cvhhh.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$4.9M

+1.7% from 2015

Total participants

258

-2.3% from 2015

Average account balance

$22,267

+0.8% from 2015

Annual return

3.95%

+2.48 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.01M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

206

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$485K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$130

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 4 by compensation

Provider	Service type	Compensation
EQUITY SERVICES INC2+ years Filed as: EQUITY SERVICES Service code 53 · EIN 03-0221141 ONE NATIONAL LIFE DRIVE · MONTPELIER, VT 05604	Insurance Commissions	$21,782
JP MORGAN INVESTMENT MANAGEMENT INC2+ years Filed as: HANLON INVESTMENT COMPANY, INC. Service code 28 · EIN 22-3723068 3393 BARGAINTOWN ROAD · EGG HARBOR TWP, NJ 08234	Investment Management	$18,577
NATIONWIDE2+ years Service code 37 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Loan Processing	$17,477
PA RETIREMENT SOLUTIONS, INC.2+ years Filed as: RETIREMENT SOLUTIONS LLC Service code 57 · EIN 14-1905336 162 NORTH MAIN STREET STE 204 · BARRE, VT 05641	Redemption fees; Sub-transfer agency ...	$9,714

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3F

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$48K

$278 / participant

Investment mgmt$48K100.0%

% of EOY assets

0.980%

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: BERRY, DUNN, MCNEIL & PARKER, LLC
Auditor EIN: 010523282
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,267

$46,732-52.4%

$156,551-85.8%

$55,167-59.6%

Participation rate

79.3%

65.8%+13.5pp

84.0%-4.7pp

69.0%+10.3pp

Annual return

3.95%

17.72%-13.8pp

32.23%-28.3pp

169.23%-165.3pp

Employer contribution / active EE

$648

$2,105-69.2%

$5,501-88.2%

$1,963-67.0%

Participant deferral / active EE

$1,984

$2,204-10.0%

$4,871-59.3%

$3,054-35.0%

Admin fee / account holder

$218

$418-47.8%

$13,028-98.3%

$504-56.7%

Provider

Service type

Compensation

EQUITY SERVICES INC2+ years

Filed as: EQUITY SERVICES

Service code 53 · EIN 03-0221141

ONE NATIONAL LIFE DRIVE · MONTPELIER, VT 05604

Insurance Commissions

$21,782

JP MORGAN INVESTMENT MANAGEMENT INC2+ years

Filed as: HANLON INVESTMENT COMPANY, INC.

Service code 28 · EIN 22-3723068

3393 BARGAINTOWN ROAD · EGG HARBOR TWP, NJ 08234

Investment Management

$18,577

NATIONWIDE2+ years

Service code 37 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Loan Processing

$17,477

PA RETIREMENT SOLUTIONS, INC.2+ years

Filed as: RETIREMENT SOLUTIONS LLC

Service code 57 · EIN 14-1905336

162 NORTH MAIN STREET STE 204 · BARRE, VT 05641

Redemption fees; Sub-transfer agency ...

$9,714

CENTRAL VERMONT HOME HEALTH AND HOSPICE EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL VERMONT HOME HEALTH AND HOSPICE EMPLOYEE RETIREMENT 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