Retirement plan

LUTHERAN MEDICAL CENTER 401(K) RETIREMENT PLAN

Name: NEW YORK UNIVERSITY HOSPITALS CENTER - LUTHERAN MEDICAL CENTER 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: NEW YORK UNIVERSITY HOSPITALS CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUTHERAN MEDICAL CENTER 401(K) RETIREMENT PLAN, NEW YORK UNIVERSITY HOSPITALS CENTER

NEW YORK UNIVERSITY HOSPITALS CENTEREIN 13-3971298Plan #008PY 2017

ONE PARK AVE 4TH FLOOR - NEW YORK CITY, NY 10016212-404-4002LinkedIn10001+ employeesmedical practice

Other plans on this EIN

4 filings

#005Retirement-$997.7M assets #004Retirement-$391.2M assets #001Retirement-$272.2M assets #007Retirement-$61.1M assets

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed August 14, 2003

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$209.8M

-8.7% from 2016

Total participants

2,848

-16.5% from 2016

Average account balance

$75,265

-10.6% from 2016

Annual return

15.93%

-6.56 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$239.14M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

2,160

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
VALIC RETIREMENT SERVICES COMPANY3+ years Filed as: VALIC RETIREMENT SERVICES CO. Service code 19 · EIN 51-0396365	Securities Custodian	$86,807

Plan features & details

Pension benefit codes2E2F2G2J2K3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$87K

$52 / participant

Contract admin$87K100.0%

% of EOY assets

0.041%

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: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,265

$44,989+67.3%

$170,435-55.8%

$77,958-3.5%

Participation rate

96.3%

64.6%+31.7pp

83.6%+12.8pp

71.6%+24.7pp

Annual return

15.93%

19.61%-3.7pp

205.94%-190.0pp

20.87%-4.9pp

Employer contribution / active EE

$3,609

$1,466+146.1%

$5,432-33.6%

$2,310+56.2%

Participant deferral / active EE

$3,474

$2,208+57.4%

$4,939-29.7%

$3,537-1.8%

Admin fee / account holder

$31

$69-54.8%

$13,881-99.8%

$97-68.0%

Provider

Service type

Compensation

VALIC RETIREMENT SERVICES COMPANY3+ years

Filed as: VALIC RETIREMENT SERVICES CO.

Service code 19 · EIN 51-0396365

Securities Custodian

$86,807

LUTHERAN MEDICAL CENTER 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUTHERAN MEDICAL CENTER 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

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