Retirement plan

BHS PARTNERSHIP 403B PENSION PLAN

Name: BHS MANAGEMENT SERVICES INC. - BHS PARTNERSHIP 403B PENSION PLAN (2017) Form 5500
Creator: BHS MANAGEMENT SERVICES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BHS PARTNERSHIP 403B PENSION PLAN, BHS MANAGEMENT SERVICES INC.

BHS MANAGEMENT SERVICES INC.EIN 04-2442944Plan #003PY 2017

725 NORTH STREET - PITTSFIELD, MA 01201413-447-2785LinkedIn1-10 employeesmedical practice

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$468.6M

-12.1% from 2016

Total participants

5,255

-4.3% from 2016

Average account balance

$89,259

-8.2% from 2016

Annual return

15.20%

-7.74 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$693.56M

Not enough data

1 years with asset history on file

Average account balance

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

$119K

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.

5,836

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$174

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 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Service code 12 · EIN 13-3689044	Recordkeeping and information managem...	$576,609
CAMMACK LARHETTE ADVISORS3+ years Service code 16 · EIN 20-4668732	Consulting	$106,250
CARON & BLETZER, PLLC3+ years Service code 10 · EIN 04-3499945	Accounting	$12,459
MID ATLANTIC CAPITAL CORPORATION1 year Filed as: MID ATLANTIC CAPITAL CORP (SUNGUARD Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES3+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2L2M2F2G2R3H2S2T

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.
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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$695K

$170 / participant

Investment mgmt$106K15.3%
Other / not subdivided$589K84.7%

% of EOY assets

0.148%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CARON & BLETZER
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,259

$44,989+98.4%

$170,435-47.6%

$77,958+14.5%

Participation rate

99.9%

64.6%+35.3pp

83.6%+16.3pp

71.6%+28.2pp

Annual return

15.20%

19.61%-4.4pp

205.94%-190.7pp

20.87%-5.7pp

Employer contribution / active EE

$2,775

$1,466+89.2%

$5,432-48.9%

$2,310+20.1%

Participant deferral / active EE

$5,944

$2,208+169.2%

$4,939+20.3%

$3,537+68.1%

Admin fee / account holder

$132

$69+92.0%

$13,881-99.0%

$97+36.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Service code 12 · EIN 13-3689044

Recordkeeping and information managem...

$576,609

CAMMACK LARHETTE ADVISORS3+ years

Service code 16 · EIN 20-4668732

Consulting

$106,250

CARON & BLETZER, PLLC3+ years

Service code 10 · EIN 04-3499945

Accounting

$12,459

MID ATLANTIC CAPITAL CORPORATION1 year

Filed as: MID ATLANTIC CAPITAL CORP (SUNGUARD

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES3+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

BHS PARTNERSHIP 403B PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BHS PARTNERSHIP 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