Retirement plan

HOLY NAME PROVINCE LAY EMPLOYEES RETIREMENT SAVINGS PLAN

Name: HOLY NAME PROVINCE FRANCISCAN FRIARS - HOLY NAME PROVINCE LAY EMPLOYEES RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: HOLY NAME PROVINCE FRANCISCAN FRIARS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLY NAME PROVINCE LAY EMPLOYEES RETIREMENT SAVINGS PLAN, HOLY NAME PROVINCE FRANCISCAN FRIARS

HOLY NAME PROVINCE FRANCISCAN FRIARSEIN 13-5300606Plan #002PY 2019

129 WEST 31ST STREET, 2ND FLOOR - NEW YORK, NY 100013403646-473-0265

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.1M

+14.8% from 2018

Total participants

0.0% from 2018

Average account balance

$60,336

+10.3% from 2018

Annual return

7.80%

-1.59 pp from 2018

Benchmarks

See 8,599 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,599 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.40M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

108.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$276K

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

+14.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$872

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 codes2E2F2G2J3D

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.
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

$54K

$1254 / participant

Other / not subdivided$54K100.0%

% of EOY assets

1.752%

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

$60,336

$54,757+10.2%

$90,304-33.2%

$72,975-17.3%

Participation rate

90.7%

65.2%+25.5pp

73.3%+17.4pp

69.5%+21.2pp

Annual return

7.80%

30.63%-22.8pp

78.13%-70.3pp

81.01%-73.2pp

Employer contribution / active EE

$2,888

$2,093+38.0%

$2,855+1.2%

$2,440+18.4%

Participant deferral / active EE

$2,628

$2,887-9.0%

$3,885-32.4%

$3,608-27.2%

Admin fee / account holder

$1,057

$3,973-73.4%

$5,354-80.3%

$5,124-79.4%

HOLY NAME PROVINCE LAY EMPLOYEES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLY NAME PROVINCE LAY EMPLOYEES RETIREMENT SAVINGS 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