Retirement plan

COOPERATIVE HOME CARE ASSOCIATES, INC. 401(K) PLAN

Name: COOPERATIVE HOME CARE ASSOCIATES - COOPERATIVE HOME CARE ASSOCIATES, INC. 401(K) PLAN (2017) Form 5500
Creator: COOPERATIVE HOME CARE ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COOPERATIVE HOME CARE ASSOCIATES, INC. 401(K) PLAN, COOPERATIVE HOME CARE ASSOCIATES

COOPERATIVE HOME CARE ASSOCIATESEIN 13-3238142Plan #001PY 2017

400 EAST FORDHAM ROAD, 12TH FLOOR - BRONX, NY 10458718-993-7104LinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$10.4M

+14.2% from 2016

Total participants

2,245

+1.3% from 2016

Average account balance

$4,781

+12.7% from 2016

Annual return

9.64%

+5.41 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.58M

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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.

2,182

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.

96.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$74

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
ALLIANCE PENSION CONSULTANTS, LLC3+ years Service code 15 · EIN 36-4389114	Recordkeeping	$142,150
MILLENNIUM INVESTMENT & RETIREMENT3+ years Filed as: MILLENIUM INVESTMENT & RETIREMENT Service code 27 · EIN 94-3428956	Advisory (Plan)	$24,986
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 42-1558009	Custodial (securities); Custodial (ot...	$161
CHARLES SCHWAB & CO., INC.3+ years Service code 18 · EIN 94-1737782	Custodial (securities); Shareholder s...	$0

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 returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$167K

$84 / participant

Investment mgmt$25K14.9%
Other / not subdivided$142K85.1%

% of EOY assets

1.604%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

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: BAKER TILLY VIRCHOW KRAUSE LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,781

$44,989-89.4%

$170,435-97.2%

$77,958-93.9%

Participation rate

96.7%

64.6%+32.1pp

83.6%+13.1pp

71.6%+25.0pp

Annual return

9.64%

19.61%-10.0pp

205.94%-196.3pp

20.87%-11.2pp

Employer contribution / active EE

$1,466-100.0%

$5,432-100.0%

$2,310-100.0%

Participant deferral / active EE

$703

$2,208-68.2%

$4,939-85.8%

$3,537-80.1%

Admin fee / account holder

$77

$69+11.2%

$13,881-99.4%

$97-21.2%

Provider

Service type

Compensation

ALLIANCE PENSION CONSULTANTS, LLC3+ years

Service code 15 · EIN 36-4389114

Recordkeeping

$142,150

MILLENNIUM INVESTMENT & RETIREMENT3+ years

Filed as: MILLENIUM INVESTMENT & RETIREMENT

Service code 27 · EIN 94-3428956

Advisory (Plan)

$24,986

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK

Service code 18 · EIN 42-1558009

Custodial (securities); Custodial (ot...

$161

CHARLES SCHWAB & CO., INC.3+ years

Service code 18 · EIN 94-1737782

Custodial (securities); Shareholder s...

COOPERATIVE HOME CARE ASSOCIATES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COOPERATIVE HOME CARE ASSOCIATES, INC. 401(K) 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