Retirement plan

ARMENIAN NURSING AND REHABILITATION CENTER, INC 403B PENSION PLAN

Name: ARMENIAN NURSING & REHABILITATION CENTER, INC. - ARMENIAN NURSING AND REHABILITATION CENTER, INC 403B PENSION PLAN (2016) Form 5500
Creator: ARMENIAN NURSING & REHABILITATION CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARMENIAN NURSING AND REHABILITATION CENTER, INC 403B PENSION PLAN, ARMENIAN NURSING & REHABILITATION CENTER, INC.

ARMENIAN NURSING & REHABILITATION CENTER, INC.EIN 04-2142337Plan #001PY 2016

431 POND ST. - JAMAICA PLAIN, MA 02130617-522-2600armenianhome.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+13.6% from 2015

Total participants

108

-0.9% from 2015

Average account balance

$20,991

+15.7% from 2015

Annual return

6.69%

+8.81 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.77M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

122

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$188

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2S2T3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$96K

$1161 / participant

Other / not subdivided$96K100.0%

% of EOY assets

4.289%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,991

$77,638-73.0%

$156,551-86.6%

$62,881-66.6%

Participation rate

98.8%

71.2%+27.6pp

84.0%+14.8pp

69.3%+29.5pp

Annual return

6.69%

50.33%-43.6pp

32.23%-25.5pp

20.14%-13.5pp

Employer contribution / active EE

$411

$3,444-88.1%

$5,501-92.5%

$2,281-82.0%

Participant deferral / active EE

$2,088

$3,046-31.4%

$4,871-57.1%

$3,203-34.8%

Admin fee / account holder

$900

$5,561-83.8%

$13,028-93.1%

$4,296-79.0%

ARMENIAN NURSING AND REHABILITATION CENTER, INC 403B PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARMENIAN NURSING AND REHABILITATION CENTER, INC 403B PENSION 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