Retirement plan

HILLSIDE HUDSON 401(K) SAVINGS PLAN

Name: HILLSIDE MANOR REHABILITATION & EXTENDED CARE CENTER - HILLSIDE HUDSON 401(K) SAVINGS PLAN (2019) Form 5500
Creator: HILLSIDE MANOR REHABILITATION & EXTENDED CARE CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HILLSIDE HUDSON 401(K) SAVINGS PLAN, HILLSIDE MANOR REHABILITATION & EXTENDED CARE CENTER

HILLSIDE MANOR REHABILITATION & EXTENDED CARE CENTEREIN 11-6241282Plan #002PY 2019

182-15 HILLSIDE AVENUE - JAMAICA ESTATES, NY 114324853718-291-8200hillsidemanorrehab.comLinkedIn1-10 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$4.6M assets

Prospect flagsHigh cashLow participation

How to read this page

Total assets (EOY)

$8.2M

+20.9% from 2018

Total participants

125

+5.0% from 2018

Average account balance

$94,349

+19.6% from 2018

Annual return

24.02%

+27.48 pp from 2018

Benchmarks

See 5,341 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,341 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.15M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$504K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10818

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
USI CONSULTING GROUP1 year Service code 12 · EIN 06-1053228	Recordkeeping and information managem...	$6,132
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$4,305
CHERNOFF DIAMOND & CO., LLC5+ years Service code 15 · EIN 11-2836994	Recordkeeping	$2,065

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

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: HMM, CPAS LLP
Auditor EIN: 465416249
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,349

$52,967+78.1%

$172,753-45.4%

$65,186+44.7%

Participation rate

62.0%

66.2%-4.2pp

82.6%-20.6pp

70.2%-8.2pp

Annual return

24.02%

30.12%-6.1pp

803.00%-779.0pp

29.39%-5.4pp

Employer contribution / active EE

$2,190-100.0%

$5,144-100.0%

$2,177-100.0%

Participant deferral / active EE

$4,288

$2,471+73.5%

$5,198-17.5%

$3,514+22.0%

Admin fee / account holder

$472-100.0%

$13,956-100.0%

$847-100.0%

Provider

Service type

Compensation

USI CONSULTING GROUP1 year

Service code 12 · EIN 06-1053228

Recordkeeping and information managem...

$6,132

CHARLES SCHWAB & CO., INC.4 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$4,305

CHERNOFF DIAMOND & CO., LLC5+ years

Service code 15 · EIN 11-2836994

Recordkeeping

$2,065

HILLSIDE HUDSON 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HILLSIDE HUDSON 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion