Retirement plan

NATIONAL HEALTH PROMOTION ASSOCIATES, INC. PROFIT SHARING PLAN

Name: NATIONAL HEALTH PROMOTION ASSOCIATES, INC. - NATIONAL HEALTH PROMOTION ASSOCIATES, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: NATIONAL HEALTH PROMOTION ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL HEALTH PROMOTION ASSOCIATES, INC. PROFIT SHARING PLAN, NATIONAL HEALTH PROMOTION ASSOCIATES, INC.

NATIONAL HEALTH PROMOTION ASSOCIATES, INC.EIN 13-3293929Plan #003PY 2017

711 WESTCHESTER AVENUE 3RD FLR - WHITE PLAINS, NY 106043504914-421-2525lifeskillstraining.comLinkedIn11-50 employeesresearch

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+26.5% from 2016

Total participants

+4.3% from 2016

Average account balance

$70,926

+26.5% from 2016

Annual return

16.20%

+8.20 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.26M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$120K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1217

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$19K

$1287 / participant

Other / not subdivided$19K100.0%

% of EOY assets

1.184%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,926

$99,011-28.4%

$86,582-18.1%

$147,586-51.9%

Participation rate

93.3%

76.3%+17.0pp

73.5%+19.8pp

82.8%+10.5pp

Annual return

16.20%

1312.75%-1296.5pp

965.08%-948.9pp

578.59%-562.4pp

Employer contribution / active EE

$2,422

$3,132-22.7%

$2,839-14.7%

$4,876-50.3%

Participant deferral / active EE

$7,690

$3,972+93.6%

$3,609+113.1%

$5,439+41.4%

Admin fee / account holder

$839

$5,709-85.3%

$4,904-82.9%

$10,886-92.3%

NATIONAL HEALTH PROMOTION ASSOCIATES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL HEALTH PROMOTION ASSOCIATES, INC. PROFIT SHARING 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