Retirement plan

KINGS HARBOR MULTICARE CENTER 401(K) PLAN

Name: BRONX HARBOR HEALTHCARE COMPLEX, INC. - KINGS HARBOR MULTICARE CENTER 401(K) PLAN (2015) Form 5500
Creator: BRONX HARBOR HEALTHCARE COMPLEX, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINGS HARBOR MULTICARE CENTER 401(K) PLAN, BRONX HARBOR HEALTHCARE COMPLEX, INC.

BRONX HARBOR HEALTHCARE COMPLEX, INC.EIN 13-3772916Plan #003PY 2015

2000 E GUN HILL RD - BRONX, NY 10469718-405-3611

Other plans on this EIN

1 filing

#005Retirement-$2.7M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$13.7M

No prior year

Total participants

229

No prior year

Average account balance

$64,219

No prior year

Annual return

-0.93%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.05M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

256

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.

94.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$226

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
ONEIDA SAVINGS BANK1+ years Filed as: ONEIDA WEALTH MANAGEMENT INC Service code 55 706 N CLINTON ST · SYRACUSE, NY 13204	Other Commissions	$37,977
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: FIRST GREAT-WEST LIFE & ANNUITY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$27,143
DAVID FISCH & CO CPAS PC1+ years Service code 10 3854 FLATLANDS AVE · BROOKLYN, NY 112343526	Accounting	$3,500
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$636

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$31K

$181 / participant

Contract admin$28K88.8%
Other / not subdivided$4K11.2%

% of EOY assets

0.229%

all-in expense ratio

Categories reported

1 / 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: DAVID FISCH & CO., P.C.
Auditor EIN: 133624679
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,219

$46,360+38.5%

$147,617-56.5%

$52,331+22.7%

Participation rate

90.8%

64.9%+25.8pp

84.6%+6.1pp

68.1%+22.6pp

Annual return

-0.93%

1.62%-2.6pp

61.98%-62.9pp

4.54%-5.5pp

Employer contribution / active EE

$2,117

$2,126-0.4%

$5,564-62.0%

$1,882+12.5%

Participant deferral / active EE

$4,442

$2,258+96.8%

$4,895-9.3%

$3,022+47.0%

Admin fee / account holder

$147

$766-80.8%

$11,612-98.7%

$592-75.2%

Provider

Service type

Compensation

ONEIDA SAVINGS BANK1+ years

Filed as: ONEIDA WEALTH MANAGEMENT INC

Service code 55

706 N CLINTON ST · SYRACUSE, NY 13204

Other Commissions

$37,977

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: FIRST GREAT-WEST LIFE & ANNUITY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$27,143

DAVID FISCH & CO CPAS PC1+ years

Service code 10

3854 FLATLANDS AVE · BROOKLYN, NY 112343526

Accounting

$3,500

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$636

KINGS HARBOR MULTICARE CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINGS HARBOR MULTICARE CENTER 401(K) 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