Retirement plan

HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEE 403(B) ERISA RETIREMENT PLAN

Name: HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEE - HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEE 403(B) ERISA RETIREMENT PLAN (2016) Form 5500
Creator: HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEE 403(B) ERISA RETIREMENT PLAN, HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEE

HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEEEIN 11-2290832Plan #001PY 2016

49 WEST 45TH STREET, 4TH FLOOR - NEW YORK, NY 10036212-840-8005LinkedIn201-500 employeeshospital & health care

Prospect flagsLow returnsHigh cashLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.3M

No prior year

Total participants

295

No prior year

Average account balance

$16,738

No prior year

Annual return

1.86%

No prior year

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.42M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

256

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.

58.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$605K

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

+9.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27

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
NATIONWIDE1+ years Service code 64 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$22,448
PENTEGRA SERVICES, INC.1+ years Filed as: APS-PENTEGRA Service code 15 · EIN 13-3892096 6830 COMMERCE COURT DRIVE · BLACKLICK, OH 43004	Recordkeeping	$3,217
IRON-CO-FID-COMPREHENSIVE1+ years Filed as: IRON-CO-FID-INDEX-COMPREHENSIVE Service code 64 · EIN 26-2409128 630 DUNDEE ROAD · NORTHBROOK, IL 60062	Recordkeeping Fees	$2,368
NATIONWIDE1+ years Filed as: NATIONWIDE LIFE INS COMPANY Service code 64 · EIN 31-4156830 10 W. NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Recordkeeping Fees	$472
METLIFE LIFE INSURANCE COMPANY1+ years Filed as: METLIFE SECURITIES, INC. Service code 64 WOODWARD BUILDING · CHARLOTTE, NC 28277	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2F2G2L

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.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$26K

$90 / participant

Other / not subdivided$26K100.0%

% of EOY assets

0.786%

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: CLARUS PARTNERS LLC
Auditor EIN: 261347383
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,738

$36,916-54.7%

$156,551-89.3%

$57,658-71.0%

Participation rate

64.8%

63.4%+1.4pp

84.0%-19.2pp

70.2%-5.4pp

Annual return

1.86%

12.38%-10.5pp

32.23%-30.4pp

5.13%-3.3pp

Employer contribution / active EE

$220

$1,571-86.0%

$5,501-96.0%

$1,974-88.8%

Participant deferral / active EE

$897

$1,926-53.4%

$4,871-81.6%

$3,061-70.7%

Admin fee / account holder

$132

$82+59.6%

$13,028-99.0%

$95+39.2%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 64

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$22,448

PENTEGRA SERVICES, INC.1+ years

Filed as: APS-PENTEGRA

Service code 15 · EIN 13-3892096

6830 COMMERCE COURT DRIVE · BLACKLICK, OH 43004

Recordkeeping

$3,217

IRON-CO-FID-COMPREHENSIVE1+ years

Filed as: IRON-CO-FID-INDEX-COMPREHENSIVE

Service code 64 · EIN 26-2409128

630 DUNDEE ROAD · NORTHBROOK, IL 60062

Recordkeeping Fees

$2,368

NATIONWIDE1+ years

Filed as: NATIONWIDE LIFE INS COMPANY

Service code 64 · EIN 31-4156830

10 W. NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Recordkeeping Fees

$472

METLIFE LIFE INSURANCE COMPANY1+ years

Filed as: METLIFE SECURITIES, INC.

Service code 64

WOODWARD BUILDING · CHARLOTTE, NC 28277

Recordkeeping Fees

HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEE 403(B) ERISA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HELLENIC AMERICAN NEIGHBORHOOD ACTION COMMITTEE 403(B) ERISA RETIREMENT 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