Retirement plan

COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A HELPING HANDS ATTENDANT SERVICES 401(K) PLAN

Name: COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A H - COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A HELPING HANDS ATTENDANT SERVICES 401(K) PLAN (2016) Form 5500
Creator: COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A H
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A HELPING HANDS ATTENDANT SERVICES 401(K) PLAN, COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A H

COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A HEIN 11-2558954Plan #001PY 2016

4107 13TH AVENUE - BROOKLYN, NY 11219718-435-8191communityhomecare.usLinkedIn1-10 employeesmedical practice

Prospect flagsLow participationLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$4.2M

+4.5% from 2015

Total participants

1,222

-8.5% from 2015

Average account balance

$6,339

+27.5% from 2015

Annual return

7.00%

+8.40 pp from 2015

Benchmarks

See 1,286 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,286 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.89M

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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.

702

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.

11.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$519K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$119

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

+9.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$154

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 4 by compensation

Provider	Service type	Compensation
UNITED PLANNERS FINANCIAL SERVICES2+ years Service code 55 7333 E DOUBLETREE RANCH RD · SCOTTSDALE, AZ 85258	Other Commissions	$10,197
GORFINE SCHILLER & GARDYN PA1 year Filed as: GORFINE SCHILLER GARDYN Service code 16 · EIN 52-1231901	Consulting	$5,000
PARKWOOD ASSOCIATES, INC.2+ years Service code 16 · EIN 71-0960754	Consulting	$5,000
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$225

Plan features & details

Pension benefit codes2K2T3D2F2G2J

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.
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.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$10K

$9 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.241%

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: GORFINE SCHILLER GARDYN
Auditor EIN: 521231901
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$6,339

$37,213-83.0%

$156,551-96.0%

$63,975-90.1%

Participation rate

51.0%

65.0%-14.0pp

84.0%-33.0pp

71.1%-20.1pp

Annual return

7.00%

47.89%-40.9pp

32.23%-25.2pp

48.65%-41.7pp

Employer contribution / active EE

$37

$1,357-97.3%

$5,501-99.3%

$2,182-98.3%

Participant deferral / active EE

$91

$2,070-95.6%

$4,871-98.1%

$3,356-97.3%

Admin fee / account holder

$15

$56-72.9%

$13,028-99.9%

$70-78.3%

Provider

Service type

Compensation

UNITED PLANNERS FINANCIAL SERVICES2+ years

Service code 55

7333 E DOUBLETREE RANCH RD · SCOTTSDALE, AZ 85258

Other Commissions

$10,197

GORFINE SCHILLER & GARDYN PA1 year

Filed as: GORFINE SCHILLER GARDYN

Service code 16 · EIN 52-1231901

Consulting

$5,000

PARKWOOD ASSOCIATES, INC.2+ years

Service code 16 · EIN 71-0960754

Consulting

$5,000

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$225

COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A HELPING HANDS ATTENDANT SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY HOME CARE REFERRAL SERVICE, INC. D/B/A HELPING HANDS ATTENDANT SERVICES 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