Retirement plan

HEMPSTEAD HOUSING AUTHORITY 401K PROFIT SHARING PLAN & TRUST

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

HEMPSTEAD HOUSING AUTHORITYEIN 11-6000781Plan #001PY 2017

260 CLINTON STREET - HEMPSTEAD, NY 11550516-489-8500LinkedIn11-50 employeesgovernment administration

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$161K

+22.2% from 2016

Total participants

-9.1% from 2016

Average account balance

$17,846

+22.2% from 2016

Annual return

15.39%

+6.37 pp from 2016

Benchmarks

See 320 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort320 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$449K

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

61.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+16.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2082

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

See the 10-year trajectory. $4.99 for your first month.

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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 codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$258 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.964%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,846

$65,696-72.8%

$56,429-68.4%

$147,584-87.9%

Participation rate

83.3%

85.5%-2.2pp

80.0%+3.3pp

82.8%+0.5pp

Annual return

15.39%

13.32%+2.1pp

19.04%-3.6pp

578.55%-563.2pp

Employer contribution / active EE

$4,121-100.0%

$3,405-100.0%

$4,876-100.0%

Participant deferral / active EE

$1,740

$4,876-64.3%

$3,951-56.0%

$5,439-68.0%

Admin fee / account holder

$172

$5,947-97.1%

$4,466-96.1%

$10,885-98.4%

HEMPSTEAD HOUSING AUTHORITY 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEMPSTEAD HOUSING AUTHORITY 401K 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