Retirement plan

OYSTER BAY SENIOR CAMPUS 401(K) PLAN

Name: OYSTER BAY SENIOR RESIDENCE, INC. B/D/A HARBOR HOUSE SENIOR RESIDENCE - OYSTER BAY SENIOR CAMPUS 401(K) PLAN (2016) Form 5500
Creator: OYSTER BAY SENIOR RESIDENCE, INC. B/D/A HARBOR HOUSE SENIOR RESIDENCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OYSTER BAY SENIOR CAMPUS 401(K) PLAN, OYSTER BAY SENIOR RESIDENCE, INC. B/D/A HARBOR HOUSE SENIOR RESIDENCE

OYSTER BAY SENIOR RESIDENCE, INC. B/D/A HARBOR HOUSE SENIOR RESIDENCEEIN 11-3304350Plan #001PY 2016

150 SOUTH STREET - OYSTER BAY, NY 11771516-628-8400

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$1.4M

No prior year

Total participants

124

No prior year

Average account balance

$30,026

No prior year

Annual return

2.66%

No prior year

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.07M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

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.

42.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$214K

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

+14.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3215

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 15 · EIN 95-6817943	Recordkeeping	$0
UNITED BENEFIT PENSIONS INC.1+ years Service code 49 · EIN 36-4517541	Other Services	$0
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS LLC Service code 49	Other Services	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$3K

$25 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.201%

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: PASCALE, RAZZINO, ALEXANDERSON & CO
Auditor EIN: 113516387
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,026

$46,732-35.7%

$156,551-80.8%

$55,167-45.6%

Participation rate

26.9%

65.8%-38.9pp

84.0%-57.2pp

69.0%-42.1pp

Annual return

2.66%

17.72%-15.1pp

32.23%-29.6pp

169.23%-166.6pp

Employer contribution / active EE

$963

$2,105-54.3%

$5,501-82.5%

$1,963-51.0%

Participant deferral / active EE

$1,086

$2,204-50.7%

$4,871-77.7%

$3,054-64.5%

Admin fee / account holder

$60

$418-85.6%

$13,028-99.5%

$504-88.0%

Provider

Service type

Compensation

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 15 · EIN 95-6817943

Recordkeeping

UNITED BENEFIT PENSIONS INC.1+ years

Service code 49 · EIN 36-4517541

Other Services

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS LLC

Service code 49

Other Services

OYSTER BAY SENIOR CAMPUS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OYSTER BAY SENIOR CAMPUS 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