Retirement plan

ST. ANN'S HOME, INC. RETIREMENT PLAN

Name: ST. ANN'S HOME, INC. - ST. ANN'S HOME, INC. RETIREMENT PLAN (2023) Form 5500
Creator: ST. ANN'S HOME, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. ANN'S HOME, INC. RETIREMENT PLAN, ST. ANN'S HOME, INC.

ST. ANN'S HOME, INC.EIN 04-2104866Plan #001PY 2023

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$28.5M

+15.0% from 2022

Total participants

483

+23.5% from 2022

Average account balance

$68,413

+4.5% from 2022

Annual return

16.27%

+32.42 pp from 2022

Benchmarks

See 4,038 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,038 peers

Snapshot2023

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

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH1 year Filed as: CAMBRIDGE INVESTMENT ADVISOR Service code 70 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	Consulting Fees	$34,146
ASCENSUS LLC9+ years Filed as: ASCENSUS Service code 28 · EIN 11-3665754 200 DRYDEN RD E · DRESHER, PA 19025	Investment Management	$33,206
LINCOLN NATIONAL CORPORATION7 years Filed as: LINCOLN INVEST. PLANNING Service code 70 · EIN 23-1702591 84 STATE ST STE 740 · BOSTON, MA 02109	Consulting Fees	$11,938
MAP RETIREMENT, INC.1 year Filed as: MAP RETIREMENT INC Service code 37 W 6180 AEROTECH DR · APLLETON, WI 54914	Loan Processing	$7,200

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

$78K

$236 / participant

Contract admin$72K91.9%
Other / not subdivided$6K8.1%

% of EOY assets

0.274%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,413

$47,163+45.1%

$149,696-54.3%

$74,460-8.1%

Participation rate

79.8%

63.4%+16.3pp

78.8%+1.0pp

70.7%+9.0pp

Annual return

16.27%

22.75%-6.5pp

134.46%-118.2pp

34.38%-18.1pp

Employer contribution / active EE

$3,515

$1,907+84.3%

$4,821-27.1%

$2,638+33.2%

Participant deferral / active EE

$2,976

$2,730+9.0%

$5,682-47.6%

$4,530-34.3%

Admin fee / account holder

$188

$343-45.2%

$13,212-98.6%

$348-46.0%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH1 year

Filed as: CAMBRIDGE INVESTMENT ADVISOR

Service code 70

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

Consulting Fees

$34,146

ASCENSUS LLC9+ years

Filed as: ASCENSUS

Service code 28 · EIN 11-3665754

200 DRYDEN RD E · DRESHER, PA 19025

Investment Management

$33,206

LINCOLN NATIONAL CORPORATION7 years

Filed as: LINCOLN INVEST. PLANNING

Service code 70 · EIN 23-1702591

84 STATE ST STE 740 · BOSTON, MA 02109

Consulting Fees

$11,938

MAP RETIREMENT, INC.1 year

Filed as: MAP RETIREMENT INC

Service code 37

W 6180 AEROTECH DR · APLLETON, WI 54914

Loan Processing

$7,200

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