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 (2024) 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 2024

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

Other plans on this EIN

1 filing

#002Retirement-$3.5M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+13.4% from 2023

Total participants

-8.5% from 2023

Average account balance

$61,983

+24.2% from 2023

Annual return

7.77%

-2.52 pp from 2023

Benchmarks

See 21,742 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,742 peers

Snapshot2024

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

$35K

$1004 / participant

Other / not subdivided$35K100.0%

% of EOY assets

1.350%

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

$61,983

$81,262-23.7%

$155,602-60.2%

$80,911-23.4%

Participation rate

97.1%

66.2%+30.9pp

78.2%+18.9pp

67.6%+29.5pp

Annual return

7.77%

33.34%-25.6pp

64.81%-57.0pp

35.63%-27.9pp

Employer contribution / active EE

$4,414

$3,102+42.3%

$4,675-5.6%

$2,756+60.2%

Participant deferral / active EE

$3,451-100.0%

$5,629-100.0%

$4,297-100.0%

Admin fee / account holder

$837

$7,992-89.5%

$15,923-94.7%

$6,935-87.9%

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