Retirement plan

ST. ANN'S HOME, INC. RETIREMENT PLAN

Name: ST. ANNS HOME, INC. - ST. ANN'S HOME, INC. RETIREMENT PLAN (2024) Form 5500
Creator: ST. ANNS HOME, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. ANN'S HOME, INC. RETIREMENT PLAN, ST. ANNS HOME, INC.

ST. ANNS HOME, INC.EIN 04-2104866Plan #001PY 2024

100A HAVERHILL STREET - METHUEN, MA 01844978-682-5276

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$31.6M

+11.1% from 2023

Total participants

482

-0.2% from 2023

Average account balance

$72,001

+5.2% from 2023

Annual return

14.30%

-1.97 pp from 2023

Benchmarks

See 4,141 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,141 peers

Snapshot2024

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Analytics

Total assets (EOY)

Plan-year ending balance

$31.61M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

439

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.

87.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$210

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 3 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH2 years Filed as: CAMBRIDGE INVESTMENT ADVISOR Service code 27 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	Advisory (Plan)	$55,529
ASCENSUS LLC10+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$38,374
MAP RETIREMENT, INC.2 years Filed as: MAP RETIREMENT INC Service code 13 W 6180 AEROTECH DR · APPLETON, WI 54914	Contract Administrator	$8,725

Plan features & details

Pension benefit codes2A2E2J2F2G2S2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$92K

$279 / participant

Contract admin$83K89.8%
Other / not subdivided$9K10.2%

% of EOY assets

0.292%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: LEONARD, MULHERIN & GREENE, P.C.
Auditor EIN: 043108635
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,001

$50,815+41.7%

$155,509-53.7%

$77,643-7.3%

Participation rate

87.0%

63.1%+23.9pp

78.2%+8.8pp

70.6%+16.4pp

Annual return

14.30%

34.80%-20.5pp

64.67%-50.4pp

31.24%-16.9pp

Employer contribution / active EE

$2,720

$1,993+36.5%

$4,672-41.8%

$2,726-0.2%

Participant deferral / active EE

$3,386

$2,822+20.0%

$5,626-39.8%

$4,647-27.1%

Admin fee / account holder

$210

$437-51.8%

$15,912-98.7%

$430-51.1%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH2 years

Filed as: CAMBRIDGE INVESTMENT ADVISOR

Service code 27

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

Advisory (Plan)

$55,529

ASCENSUS LLC10+ years

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$38,374

MAP RETIREMENT, INC.2 years

Filed as: MAP RETIREMENT INC

Service code 13

W 6180 AEROTECH DR · APPLETON, WI 54914

Contract Administrator

$8,725

ST. ANN'S HOME, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. ANN'S HOME, INC. 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