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 (2023) 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 2023

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

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$5.6M

+14.5% from 2022

Total participants

221

-9.8% from 2022

Average account balance

$26,266

+26.2% from 2022

Annual return

17.12%

+29.69 pp from 2022

Benchmarks

See 5,703 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,703 peers

Snapshot2023

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE9+ years Service code 37 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Loan Processing	$22,454
PLAN INTEGRITY PARTNERS, LLC2 years Service code 12 · EIN 88-1096467 50 LAKESIDE AVE, #H5 · BURLINGTON, VT 05401	Consulting (general); Claims processi...	$14,228
LPL FINANCIAL6 years Service code 27 · EIN 95-2834236 RPCP COMPENSATION PROCESSING · SAN DIEGO, CA 921502533	Advisory (Plan)	$7,987
JP MORGAN INVESTMENT MANAGEMENT INC6 years Filed as: HANLON INVESTMENT COMP Service code 28 · EIN 22-3723068 3393 BAR · EGG HARBOR, NJ 08234	Investment Management	$5,477
LPL FINANCIAL3 years Filed as: LPL FINANCIAL SMS CORE Service code 70 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121	Consulting Fees	$5,327
EQUITY SERVICES INC1 year Filed as: EQUITY SERVICES, INC. Service code 26 · EIN 03-0221141 ONE NATIONAL LIFE DRIVE · MONTPELIER, VT 05604	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$55K

$487 / participant

Recordkeeping$22K40.5%
Investment mgmt$19K33.9%
Contract admin$14K25.6%

% of EOY assets

0.982%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BERRY, DUNN, MCNEIL& PARKER LLC
Auditor EIN: 010523282
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,266

$61,391-57.2%

$149,723-82.5%

$71,529-63.3%

Participation rate

94.7%

62.5%+32.2pp

78.8%+16.0pp

67.9%+26.8pp

Annual return

17.12%

35.88%-18.8pp

134.50%-117.4pp

28.97%-11.9pp

Employer contribution / active EE

$2,528

$2,384+6.0%

$4,821-47.6%

$2,590-2.4%

Participant deferral / active EE

$3,497

$2,921+19.7%

$5,682-38.5%

$4,291-18.5%

Admin fee / account holder

$258

$1,264-79.6%

$13,215-98.0%

$1,588-83.8%

Provider

Service type

Compensation

NATIONWIDE9+ years

Service code 37 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Loan Processing

$22,454

PLAN INTEGRITY PARTNERS, LLC2 years

Service code 12 · EIN 88-1096467

50 LAKESIDE AVE, #H5 · BURLINGTON, VT 05401

Consulting (general); Claims processi...

$14,228

LPL FINANCIAL6 years

Service code 27 · EIN 95-2834236

RPCP COMPENSATION PROCESSING · SAN DIEGO, CA 921502533

Advisory (Plan)

$7,987

JP MORGAN INVESTMENT MANAGEMENT INC6 years

Filed as: HANLON INVESTMENT COMP

Service code 28 · EIN 22-3723068

3393 BAR · EGG HARBOR, NJ 08234

Investment Management

$5,477

LPL FINANCIAL3 years

Filed as: LPL FINANCIAL SMS CORE

Service code 70

4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121

Consulting Fees

$5,327

EQUITY SERVICES INC1 year

Filed as: EQUITY SERVICES, INC.

Service code 26 · EIN 03-0221141

ONE NATIONAL LIFE DRIVE · MONTPELIER, VT 05604

Advisory (Participants)

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