Retirement plan

DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF HOSPICE OF WESTCHESTER

Name: HOSPICE VNSW/WPHC, INC. - DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF HOSPICE OF WESTCHESTER (2022) Form 5500
Creator: HOSPICE VNSW/WPHC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF HOSPICE OF WESTCHESTER, HOSPICE VNSW/WPHC, INC.

HOSPICE VNSW/WPHC, INC.EIN 13-3634734Plan #001PY 2022

1025 WESTCHESTER AVENUE - WHITE PLAINS, NY 106043508914-682-1484

Other plans on this EIN

1 filing

#002Retirement-$2.4M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.1M

-21.1% from 2021

Total participants

-9.3% from 2021

Average account balance

$42,838

-12.8% from 2021

Annual return

-12.29%

-20.46 pp from 2021

Benchmarks

See 19,706 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,706 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.72M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

123.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$147K

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

+9.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7437

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$381K

$11213 / participant

Other / not subdivided$381K100.0%

% of EOY assets

18.541%

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

$42,838

$73,848-42.0%

$143,799-70.2%

$68,486-37.4%

Participation rate

97.1%

66.7%+30.4pp

80.3%+16.7pp

67.9%+29.2pp

Annual return

-12.29%

0.91%-13.2pp

-0.04%-12.2pp

-7.85%-4.4pp

Employer contribution / active EE

$4,209

$3,184+32.2%

$4,952-15.0%

$2,597+62.1%

Participant deferral / active EE

$3,385-100.0%

$5,638-100.0%

$4,028-100.0%

Admin fee / account holder

$7,943

$5,755+38.0%

$14,677-45.9%

$5,404+47.0%

DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF HOSPICE OF WESTCHESTER

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF HOSPICE OF WESTCHESTER

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