Retirement plan

ST. JOSEPH'S HOSPITAL 401(K)

Name: ST. JOSEPH'S HOSPITAL - ST. JOSEPH'S HOSPITAL 401(K) (2021) Form 5500
Creator: ST. JOSEPH'S HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. JOSEPH'S HOSPITAL 401(K), ST. JOSEPH'S HOSPITAL

ST. JOSEPH'S HOSPITALEIN 13-1740127Plan #002PY 2021

127 SOUTH BROADWAY - YONKERS, NY 10701914-378-7816

Other plans on this EIN

1 filing

#001Retirement-$33.2M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$10.9M

+27.3% from 2020

Total participants

590

-12.2% from 2020

Average account balance

$18,734

+46.8% from 2020

Annual return

11.81%

-3.33 pp from 2020

Benchmarks

See 3,799 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,799 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.49M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

583

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$475

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 2 by compensation

Provider	Service type	Compensation
BENEFIT PLANS ADMIN SERVICES, INC.1 year Filed as: BENEFIT PLANS ADMINSTRATIVE SVCS Service code 15 · EIN 16-1503696 6 RHOADS DIRVE · UTICA, NY 13502	Recordkeeping	$47,196
ASPIRE FINANCIAL SERVICES1 year Filed as: ASPIRE ADVISORS, LLC Service code 15 661 NORTH BROADWAY · NORTH WHITE PLAINS, NY 106032844	Recordkeeping	$24,914

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$72K

$169 / participant

Investment mgmt$45K62.9%
Contract admin$27K37.1%

% of EOY assets

0.660%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,734

$56,540-66.9%

$185,849-89.9%

$86,821-78.4%

Participation rate

98.4%

65.5%+32.8pp

81.7%+16.7pp

72.3%+26.1pp

Annual return

11.81%

118.20%-106.4pp

122.10%-110.3pp

97.94%-86.1pp

Employer contribution / active EE

$2,743

$1,844+48.7%

$5,169-46.9%

$2,406+14.0%

Participant deferral / active EE

$1,318

$2,555-48.4%

$5,569-76.3%

$4,132-68.1%

Admin fee / account holder

$124

$150-17.4%

$16,244-99.2%

$170-27.1%

Provider

Service type

Compensation

BENEFIT PLANS ADMIN SERVICES, INC.1 year

Filed as: BENEFIT PLANS ADMINSTRATIVE SVCS

Service code 15 · EIN 16-1503696

6 RHOADS DIRVE · UTICA, NY 13502

Recordkeeping

$47,196

ASPIRE FINANCIAL SERVICES1 year

Filed as: ASPIRE ADVISORS, LLC

Service code 15

661 NORTH BROADWAY · NORTH WHITE PLAINS, NY 106032844

Recordkeeping

$24,914

ST. JOSEPH'S HOSPITAL 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. JOSEPH'S HOSPITAL 401(K)

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