Retirement plan

AVON & WEST HARTFORD HEALTH CENTERS 401(K) PLAN

Name: AVON CONVALESCENT HOME, INC. - AVON & WEST HARTFORD HEALTH CENTERS 401(K) PLAN (2025) Form 5500
Creator: AVON CONVALESCENT HOME, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVON & WEST HARTFORD HEALTH CENTERS 401(K) PLAN, AVON CONVALESCENT HOME, INC.

AVON CONVALESCENT HOME, INC.EIN 06-0917232Plan #002PY 2025

652 WEST AVON RD. - AVON, CT 060012906860-673-2521

Prospect flagsLow returnsHigh feesLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$9.9M

+11.6% from 2024

Total participants

262

-24.5% from 2024

Average account balance

$57,592

+9.0% from 2024

Annual return

9.93%

-7.46 pp from 2024

Benchmarks

See 2,787 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort2,787 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.91M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

172

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.

53.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$693K

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

+9.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$380

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
PASI, LLC9 years Filed as: PASI INVESTMENTS, LLC Service code 27 · EIN 37-1554711 10 TALCOTT NOTCH RD 2FL · FARMINGTON, CT 06032	Advisory (Plan)	$28,204
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$28,029
EPIC RETIREMENT PLAN SERVICES1 year Filed as: THE RETIREMENT PLAN COMPANY, LLC Service code 13 PO BOX 306462 · NASHVILLE, TN 372306462	Contract Administrator	$11,200
PASI, LLC10+ years Service code 13	Contract Administrator	$4,926
PASI, LLC2 years Filed as: PASI LLC Service code 13 · EIN 26-1407927 10 TALCOTT NOTCH RD 2FL · FARMINGTON, CT 06032	Contract Administrator	$3,250

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$65K

$337 / participant

Investment mgmt$28K43.2%
Contract admin$37K56.8%

% of EOY assets

0.660%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,592

$45,343+27.0%

$150,298-61.7%

$67,986-15.3%

Participation rate

53.6%

51.9%+1.8pp

77.8%-24.2pp

57.2%-3.6pp

Annual return

9.93%

33.28%-23.3pp

62.79%-52.9pp

31.67%-21.7pp

Employer contribution / active EE

$868

$1,462-40.6%

$4,154-79.1%

$2,019-57.0%

Participant deferral / active EE

$2,704

$2,055+31.6%

$5,453-50.4%

$3,358-19.5%

Admin fee / account holder

$380

$2,250-83.1%

$14,116-97.3%

$3,203-88.1%

Provider

Service type

Compensation

PASI, LLC9 years

Filed as: PASI INVESTMENTS, LLC

Service code 27 · EIN 37-1554711

10 TALCOTT NOTCH RD 2FL · FARMINGTON, CT 06032

Advisory (Plan)

$28,204

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$28,029

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: THE RETIREMENT PLAN COMPANY, LLC

Service code 13

PO BOX 306462 · NASHVILLE, TN 372306462

Contract Administrator

$11,200

PASI, LLC10+ years

Service code 13

Contract Administrator

$4,926

PASI, LLC2 years

Filed as: PASI LLC

Service code 13 · EIN 26-1407927

10 TALCOTT NOTCH RD 2FL · FARMINGTON, CT 06032

Contract Administrator

$3,250

AVON & WEST HARTFORD HEALTH CENTERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVON & WEST HARTFORD HEALTH CENTERS 401(K) 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