Retirement plan

ST. JOSEPH'S HOSPITAL 401(K)

Name: ST. JOSEPH'S HOSPITAL - ST. JOSEPH'S HOSPITAL 401(K) (2023) 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 2023

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

Other plans on this EIN

1 filing

#001Retirement-$34.9M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.3M

+36.9% from 2022

Total participants

652

+6.0% from 2022

Average account balance

$21,951

+28.9% from 2022

Annual return

16.96%

+32.69 pp from 2022

Benchmarks

See 4,041 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,041 peers

Snapshot2023

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.3 years Filed as: BENEFIT PLANS ADMINSTRATIVE SVCS Service code 15 · EIN 16-1503696 6 RHOADS DIRVE · UTICA, NY 13502	Recordkeeping	$68,037
ASPIRE FINANCIAL SERVICES3 years Filed as: ASPIRE ADVISORS, LLC Service code 27 661 NORTH BROADWAY · NORTH WHITE PLAINS, NY 106032844	Advisory (Plan)	$36,315

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$115K

$312 / participant

Investment mgmt$36K31.6%
Contract admin$79K68.4%

% of EOY assets

0.803%

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: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,951

$47,135-53.4%

$149,717-85.3%

$74,440-70.5%

Participation rate

100.0%

63.4%+36.6pp

78.8%+21.2pp

70.7%+29.3pp

Annual return

16.96%

22.75%-5.8pp

134.41%-117.4pp

34.37%-17.4pp

Employer contribution / active EE

$3,708

$1,906+94.5%

$4,820-23.1%

$2,638+40.6%

Participant deferral / active EE

$2,852

$2,728+4.5%

$5,682-49.8%

$4,529-37.0%

Admin fee / account holder

$176

$343-48.6%

$13,213-98.7%

$348-49.3%

Provider

Service type

Compensation

BENEFIT PLANS ADMIN SERVICES, INC.3 years

Filed as: BENEFIT PLANS ADMINSTRATIVE SVCS

Service code 15 · EIN 16-1503696

6 RHOADS DIRVE · UTICA, NY 13502

Recordkeeping

$68,037

ASPIRE FINANCIAL SERVICES3 years

Filed as: ASPIRE ADVISORS, LLC

Service code 27

661 NORTH BROADWAY · NORTH WHITE PLAINS, NY 106032844

Advisory (Plan)

$36,315

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