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 (2023) 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 2023

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

Other plans on this EIN

1 filing

#002Retirement-$2.9M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+11.6% from 2022

Total participants

-4.1% from 2022

Average account balance

$49,890

+16.5% from 2022

Annual return

10.29%

+22.57 pp from 2022

Benchmarks

See 20,804 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,804 peers

Snapshot2023

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$126K

$3711 / participant

Other / not subdivided$126K100.0%

% of EOY assets

5.498%

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

$49,890

$77,901-36.0%

$149,717-66.7%

$75,181-33.6%

Participation rate

97.1%

65.6%+31.5pp

78.8%+18.3pp

67.2%+29.9pp

Annual return

10.29%

31.73%-21.4pp

134.41%-124.1pp

160.69%-150.4pp

Employer contribution / active EE

$4,235

$3,137+35.0%

$4,820-12.1%

$2,671+58.6%

Participant deferral / active EE

$3,411-100.0%

$5,682-100.0%

$4,126-100.0%

Admin fee / account holder

$2,743

$5,949-53.9%

$13,213-79.2%

$5,650-51.5%

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