Retirement plan

DAY KIMBALL HOSPITAL DEFINED CONTRIBUTION PLAN

Name: DAY KIMBALL HOSPITAL - DAY KIMBALL HOSPITAL DEFINED CONTRIBUTION PLAN (2021) Form 5500
Creator: DAY KIMBALL HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAY KIMBALL HOSPITAL DEFINED CONTRIBUTION PLAN, DAY KIMBALL HOSPITAL

DAY KIMBALL HOSPITALEIN 06-0646599Plan #002PY 2021

320 POMFRET STREET - PUTNAM, CT 062601869860-928-6541daykimball.orgLinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

2 filings

#001Retirement-$88.2M assets #003Retirement-$2.8M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$58.9M

+16.8% from 2020

Total participants

1,541

+5.8% from 2020

Average account balance

$57,654

+16.3% from 2020

Annual return

14.26%

-1.21 pp from 2020

Benchmarks

See 1,316 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,316 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.73M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

1,042

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$221

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
HOOKER & HOLCOMBE, INC.5 years Filed as: HOOKER & HOLCOMBE RET SERVICES Service code 15 · EIN 20-0346540	Recordkeeping	$137,407
HOOKER & HOLCOMBE, INC.5 years Filed as: HOOKER & HOLCOMBE INV SERVICES Service code 27 · EIN 06-1461865	Advisory (Plan)	$63,664

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$201K

$188 / participant

Other / not subdivided$201K100.0%

% of EOY assets

0.342%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,654

$67,512-14.6%

$185,849-69.0%

$93,010-38.0%

Participation rate

51.5%

67.1%-15.6pp

81.7%-30.2pp

73.9%-22.4pp

Annual return

14.26%

21.04%-6.8pp

122.10%-107.8pp

158.70%-144.4pp

Employer contribution / active EE

$791

$1,783-55.6%

$5,169-84.7%

$2,705-70.8%

Participant deferral / active EE

$2,522

$3,035-16.9%

$5,569-54.7%

$4,561-44.7%

Admin fee / account holder

$197

$318-38.0%

$16,244-98.8%

$152+29.9%

Provider

Service type

Compensation

HOOKER & HOLCOMBE, INC.5 years

Filed as: HOOKER & HOLCOMBE RET SERVICES

Service code 15 · EIN 20-0346540

Recordkeeping

$137,407

HOOKER & HOLCOMBE, INC.5 years

Filed as: HOOKER & HOLCOMBE INV SERVICES

Service code 27 · EIN 06-1461865

Advisory (Plan)

$63,664

DAY KIMBALL HOSPITAL DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAY KIMBALL HOSPITAL DEFINED CONTRIBUTION 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