Retirement plan

ST. JOHN'S RIVERSIDE HOSPITAL 403(B) RETIREMENT PLAN

Name: ST. JOHN'S RIVERSIDE HOSPITAL - ST. JOHN'S RIVERSIDE HOSPITAL 403(B) RETIREMENT PLAN (2024) Form 5500
Creator: ST. JOHN'S RIVERSIDE HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. JOHN'S RIVERSIDE HOSPITAL 403(B) RETIREMENT PLAN, ST. JOHN'S RIVERSIDE HOSPITAL

ST. JOHN'S RIVERSIDE HOSPITALEIN 13-1740126Plan #002PY 2024

967 N. BROADWAY - YONKERS, NY 10701914-798-8875riversidehealth.orgLinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$148.0M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$218.3M

-4.2% from 2016

Total participants

2,994

+3.7% from 2016

Average account balance

$117,932

-7.8% from 2016

Annual return

12.68%

-7.15 pp from 2016

Benchmarks

See 1,429 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,429 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$218.29M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

1,851

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.

53.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$199

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$216,201
CAPFINANCIAL PARTNERS LLC3 years Service code 27 · EIN 26-0058143	Advisory (Plan)	$85,000
PKF O'CONNOR DAVIES, LLP2 years Filed as: PKF O'CONNOR DAVIES LLP Service code 10 PO BOX 5381 · DEPTFORD, NJ 08096	Accounting	$33,965
BOND, SCHOENECK & KING, PLLC1 year Filed as: BOND SCHOENECK & KING PLLC Service code 29 PO BOX 11607 · SYRACUSE, NY 13218	Legal	$2,041

Plan features & details

Pension benefit codes2F2G2L2M2T3D3H

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$368K

$150 / participant

Recordkeeping$216K58.7%
Investment mgmt$85K23.1%
Other trustee fees$2K0.6%
Other / not subdivided$65K17.7%

% of EOY assets

0.169%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: $33,965
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,932

$53,204+121.7%

$155,556-24.2%

$200,096-41.1%

Participation rate

53.4%

64.1%-10.7pp

78.2%-24.8pp

72.0%-18.6pp

Annual return

12.68%

41.02%-28.3pp

64.84%-52.2pp

34.26%-21.6pp

Employer contribution / active EE

$817

$1,850-55.8%

$4,675-82.5%

$3,038-73.1%

Participant deferral / active EE

$3,558

$3,163+12.5%

$5,631-36.8%

$5,090-30.1%

Admin fee / account holder

$199

$186+7.1%

$15,885-98.7%

$269-26.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64 · EIN 06-1050034

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$216,201

CAPFINANCIAL PARTNERS LLC3 years

Service code 27 · EIN 26-0058143

Advisory (Plan)

$85,000

PKF O'CONNOR DAVIES, LLP2 years

Filed as: PKF O'CONNOR DAVIES LLP

Service code 10

PO BOX 5381 · DEPTFORD, NJ 08096

Accounting

$33,965

BOND, SCHOENECK & KING, PLLC1 year

Filed as: BOND SCHOENECK & KING PLLC

Service code 29

PO BOX 11607 · SYRACUSE, NY 13218

Legal

$2,041

ST. JOHN'S RIVERSIDE HOSPITAL 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. JOHN'S RIVERSIDE HOSPITAL 403(B) RETIREMENT 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