Retirement plan

VNA OF CARE NEW ENGLAND 403(B) PLAN

Name: KENT COUNTY VISITING NURSE ASSOCIATION - VNA OF CARE NEW ENGLAND 403(B) PLAN (2017) Form 5500
Creator: KENT COUNTY VISITING NURSE ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VNA OF CARE NEW ENGLAND 403(B) PLAN, KENT COUNTY VISITING NURSE ASSOCIATION

KENT COUNTY VISITING NURSE ASSOCIATIONEIN 05-0242659Plan #002PY 2017

51 HEALTH LANE - WARWICK, RI 02886401-681-1150

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.5M

+25.7% from 2016

Total participants

322

-14.8% from 2016

Average account balance

$30,579

+19.8% from 2016

Annual return

14.07%

+8.27 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.54M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

303

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.11M

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

+11.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57

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 2 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2 years Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 28 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Investment Management	$14,835
TRANSAMERICA RETIREMENT SOLUTIONS1 year Service code 12 · EIN 13-3689044	Participant loan processing; Float re...	$3,448

Plan features & details

Pension benefit codes2A2F2G2M3H

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).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$16 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.040%

all-in expense ratio

Categories reported

0 / 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: BOIVIN & ASSOCIATES, CPAS,PLLC
Auditor EIN: 271516157
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,579

$55,453-44.9%

$170,435-82.1%

$62,293-50.9%

Participation rate

80.3%

66.4%+13.9pp

83.6%-3.3pp

69.5%+10.8pp

Annual return

14.07%

21.38%-7.3pp

205.94%-191.9pp

28.90%-14.8pp

Employer contribution / active EE

$2,330

$2,164+7.7%

$5,432-57.1%

$2,042+14.1%

Participant deferral / active EE

$2,794

$2,303+21.3%

$4,939-43.4%

$3,169-11.9%

Admin fee / account holder

$12

$455-97.3%

$13,881-99.9%

$479-97.4%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI

Service code 28 · EIN 13-5674085

4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Investment Management

$14,835

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Service code 12 · EIN 13-3689044

Participant loan processing; Float re...

$3,448

VNA OF CARE NEW ENGLAND 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VNA OF CARE NEW ENGLAND 403(B) 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