Retirement plan

HEMPSTEAD HOUSING AUTHORITY 401K PROFIT SHARING PLAN & TRUST

Name: HEMPSTEAD HOUSING AUTHORITY - HEMPSTEAD HOUSING AUTHORITY 401K PROFIT SHARING PLAN & TRUST (2018) 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 2018

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$160K

-0.5% from 2017

Total participants

0.0% from 2017

Average account balance

$17,755

-0.5% from 2017

Annual return

-6.51%

-21.90 pp from 2017

Benchmarks

See 325 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort325 peers

Snapshot2018

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

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

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 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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2K

$303 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.138%

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: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,755

$63,953-72.2%

$54,726-67.6%

$135,380-86.9%

Participation rate

83.3%

84.9%-1.5pp

79.1%+4.2pp

82.6%+0.7pp

Annual return

-6.51%

-5.77%-0.7pp

-4.56%-2.0pp

519.81%-526.3pp

Employer contribution / active EE

$4,256-100.0%

$3,449-100.0%

$4,779-100.0%

Participant deferral / active EE

$1,888

$4,810-60.8%

$3,953-52.2%

$5,609-66.3%

Admin fee / account holder

$202

$4,567-95.6%

$3,818-94.7%

$10,828-98.1%

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