Retirement plan

HORIZON HEALTH CARE 401(K) PROFIT SHARING PLAN & TRUST

Name: HORIZON HEALTH CARE - HORIZON HEALTH CARE 401(K) PROFIT SHARING PLAN & TRUST (2017) Form 5500
Creator: HORIZON HEALTH CARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HORIZON HEALTH CARE 401(K) PROFIT SHARING PLAN & TRUST, HORIZON HEALTH CARE

HORIZON HEALTH CAREEIN 11-3130244Plan #001PY 2017

20 JERUSALEM AVE 3RD FL - HICKSVILLE, NY 118014980516-326-2020

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2M

+29.2% from 2016

Total participants

660

+20.9% from 2016

Average account balance

$35,659

+22.3% from 2016

Annual return

20.45%

+18.50 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.40M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

156

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.

16.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$630K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$970

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

+15.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$195

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$4K

$5 / participant

Contract admin$78822.2%
Other / not subdivided$3K77.8%

% of EOY assets

0.177%

all-in expense ratio

Categories reported

1 / 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: ALAN GOLDBERGER
Auditor EIN: 202044907
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,659

$46,173-22.8%

$170,435-79.1%

$69,631-48.8%

Participation rate

6.6%

63.9%-57.3pp

83.6%-77.0pp

70.7%-64.0pp

Annual return

20.45%

21.62%-1.2pp

205.94%-185.5pp

27571.02%-27550.6pp

Employer contribution / active EE

$1,610-100.0%

$5,432-100.0%

$2,032-100.0%

Participant deferral / active EE

$305

$2,080-85.3%

$4,939-93.8%

$3,224-90.5%

Admin fee / account holder

$63

$116-45.4%

$13,881-99.5%

$110-42.7%

HORIZON HEALTH CARE 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HORIZON HEALTH CARE 401(K) PROFIT SHARING PLAN & TRUST

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