Retirement plan

HEYWOOD HOSPITAL EMPLOYEE RETIREMENT SAVINGS PLAN

Name: HEYWOOD HOSPITAL - HEYWOOD HOSPITAL EMPLOYEE RETIREMENT SAVINGS PLAN (2021) Form 5500
Creator: HEYWOOD HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEYWOOD HOSPITAL EMPLOYEE RETIREMENT SAVINGS PLAN, HEYWOOD HOSPITAL

HEYWOOD HOSPITALEIN 04-2103581Plan #002PY 2021

242 GREEN STREET - GARDNER, MA 01440978-630-6360

Prospect flagsLow returnsLow participation

Top hat statement on fileNQDC

Filed October 9, 2012

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.

Open the filing PDF

How to read this page

Total assets (EOY)

$84.3M

+10.0% from 2020

Total participants

1,844

-0.9% from 2020

Average account balance

$76,638

+8.7% from 2020

Annual return

12.47%

-1.55 pp from 2020

Benchmarks

See 1,316 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,316 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$88.25M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

1,074

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.

48.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$144

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 6 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS7+ years Service code 12 · EIN 13-3689044	Shareholder servicing fees; Recordkee...	$172,115
CAMMACK LARHETTE ADVISORS7+ years Service code 27 · EIN 20-4668732	Advisory (Plan)	$65,315
CHARLES SCHWAB & CO., INC.7+ years Filed as: CHARLES SCHWAB & CO INC Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$4,882
CHARLES SCHWAB & CO., INC.7+ years Service code 33	Securities brokerage; Securities brok...	$0
MID ATLANTIC CAPITAL CORPORATION7+ years Service code 33 · EIN 25-1409681	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SERVICES7+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2L2M2R2T3H2K

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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$242K

$155 / participant

Investment mgmt$70K29.0%
Other / not subdivided$172K71.0%

% of EOY assets

0.288%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,638

$67,512+13.5%

$185,823-58.8%

$93,030-17.6%

Participation rate

52.4%

67.1%-14.7pp

81.7%-29.3pp

73.9%-21.5pp

Annual return

12.47%

21.04%-8.6pp

122.05%-109.6pp

158.70%-146.2pp

Employer contribution / active EE

$1,040

$1,783-41.7%

$5,167-79.9%

$2,706-61.6%

Participant deferral / active EE

$3,004

$3,035-1.0%

$5,568-46.0%

$4,562-34.2%

Admin fee / account holder

$220

$318-30.6%

$16,237-98.6%

$152+45.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS7+ years

Service code 12 · EIN 13-3689044

Shareholder servicing fees; Recordkee...

$172,115

CAMMACK LARHETTE ADVISORS7+ years

Service code 27 · EIN 20-4668732

Advisory (Plan)

$65,315

CHARLES SCHWAB & CO., INC.7+ years

Filed as: CHARLES SCHWAB & CO INC

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$4,882

CHARLES SCHWAB & CO., INC.7+ years

Service code 33

Securities brokerage; Securities brok...

MID ATLANTIC CAPITAL CORPORATION7+ years

Service code 33 · EIN 25-1409681

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SERVICES7+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

HEYWOOD HOSPITAL EMPLOYEE RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEYWOOD HOSPITAL EMPLOYEE RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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