Retirement plan

THE INSTITUTE FOR FAMILY HEALTH RETIREMENT PLAN

Name: THE INSTITUTE FOR FAMILY HEALTH - THE INSTITUTE FOR FAMILY HEALTH RETIREMENT PLAN (2019) Form 5500
Creator: THE INSTITUTE FOR FAMILY HEALTH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE INSTITUTE FOR FAMILY HEALTH RETIREMENT PLAN, THE INSTITUTE FOR FAMILY HEALTH

THE INSTITUTE FOR FAMILY HEALTHEIN 13-3273402Plan #002PY 2019

2006 MADISON AVENUE, 5TH FLOOR - NEW YORK, NY 10035212-633-0800institute.orgLinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$18K assets

Prospect flagsLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$8M

+4398.2% from 2018

Total participants

1,521

+17.8% from 2018

Average account balance

$6,655

-32.5% from 2018

Annual return

2279.21%

+2279.21 pp from 2018

Benchmarks

See 1,326 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,326 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.90M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

1,595

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.

81.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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
NATIONWIDE1 year Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$34,304
WOODBURY FINANCIAL SERVICES1 year Filed as: WOODBURY FINANCIAL SERVICES, INC Service code 27 7755 THIRD ST N · OAKDALE, MN 55128	Advisory (Plan)	$20,369
THE ANGELL PENSION GROUP, INC.1 year Filed as: THE ANGELL PENSION GROUP, INC Service code 15 88 BOYD AVENUE · EAST PROVIDENCE, RI 029141202	Recordkeeping	$14,435
OCONNOR DAVIES,1 year Filed as: OCONNOR DAVIES Service code 10 21 FOSTERTOWN RD · NEWBURGH, NY 12550	Accounting	$12,000

Plan features & details

Pension benefit codes2E2F2G2K2M2T3D

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.
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.
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.

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$81K

$64 / participant

Investment mgmt$20K25.2%
Contract admin$34K42.0%
Other / not subdivided$27K32.8%

% of EOY assets

1.014%

all-in expense ratio

Categories reported

2 / 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: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$6,655

$47,456-86.0%

$172,753-96.1%

$77,775-91.4%

Participation rate

74.8%

66.3%+8.5pp

82.6%-7.9pp

73.2%+1.6pp

Annual return

2279.21%

35.57%+2243.6pp

803.00%+1476.2pp

32.58%+2246.6pp

Employer contribution / active EE

$631

$1,574-59.9%

$5,144-87.7%

$2,504-74.8%

Participant deferral / active EE

$2,383

$2,560-6.9%

$5,198-54.1%

$3,966-39.9%

Admin fee / account holder

$67

$81-16.5%

$13,956-99.5%

$100-32.6%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$34,304

WOODBURY FINANCIAL SERVICES1 year

Filed as: WOODBURY FINANCIAL SERVICES, INC

Service code 27

7755 THIRD ST N · OAKDALE, MN 55128

Advisory (Plan)

$20,369

THE ANGELL PENSION GROUP, INC.1 year

Filed as: THE ANGELL PENSION GROUP, INC

Service code 15

88 BOYD AVENUE · EAST PROVIDENCE, RI 029141202

Recordkeeping

$14,435

OCONNOR DAVIES,1 year

Filed as: OCONNOR DAVIES

Service code 10

21 FOSTERTOWN RD · NEWBURGH, NY 12550

Accounting

$12,000

THE INSTITUTE FOR FAMILY HEALTH RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE INSTITUTE FOR FAMILY HEALTH 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