Retirement plan

HILLSIDE HUDSON 401(K) SAVINGS PLAN

Name: HILLSIDE MANOR REHABILITATION & EXTENDED CARE CENTER - HILLSIDE HUDSON 401(K) SAVINGS PLAN (2023) 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 2023

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

Other plans on this EIN

1 filing

#001Retirement-$4.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.2M

+22.0% from 2022

Total participants

103

-1.0% from 2022

Average account balance

$109,316

+19.1% from 2022

Annual return

20.43%

+40.73 pp from 2022

Benchmarks

See 20,811 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,811 peers

Snapshot2023

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

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 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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$340K

$4306 / participant

Other / not subdivided$340K100.0%

% of EOY assets

3.705%

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

$109,316

$77,905+40.3%

$149,682-27.0%

$75,173+45.4%

Participation rate

75.9%

65.6%+10.4pp

78.8%-2.8pp

67.2%+8.8pp

Annual return

20.43%

31.72%-11.3pp

134.35%-113.9pp

160.65%-140.2pp

Employer contribution / active EE

$3,138-100.0%

$4,818-100.0%

$2,670-100.0%

Participant deferral / active EE

$5,778

$3,411+69.4%

$5,681+1.7%

$4,126+40.1%

Admin fee / account holder

$4,050

$5,957-32.0%

$13,210-69.3%

$5,651-28.3%

HILLSIDE HUDSON 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HILLSIDE HUDSON 401(K) SAVINGS 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