Retirement plan

WRAPAROUND SERVICES OF THE HUDSON VALLEY DEFINED CONTRIBUTION PLAN

Name: WRAPAROUND SERVICES OF THE HUDSON VALLEY - WRAPAROUND SERVICES OF THE HUDSON VALLEY DEFINED CONTRIBUTION PLAN (2019) Form 5500
Creator: WRAPAROUND SERVICES OF THE HUDSON VALLEY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WRAPAROUND SERVICES OF THE HUDSON VALLEY DEFINED CONTRIBUTION PLAN, WRAPAROUND SERVICES OF THE HUDSON VALLEY

WRAPAROUND SERVICES OF THE HUDSON VALLEYEIN 14-1377518Plan #002PY 2019

250 TUYTENBRIDGE ROAD, P.O. BOX 1488 - KINGSTON, NY 12402845-336-7235cpulster.orgLinkedIn201-500 employeesindividual & family services

Other plans on this EIN

1 filing

#001Retirement-$415K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.5M

+22.1% from 2018

Total participants

306

+24.4% from 2018

Average account balance

$17,189

-10.3% from 2018

Annual return

16.90%

+21.79 pp from 2018

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.05M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

206

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.

81.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$358K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$187

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290	Contract Administrator	$23,613
NORTHWESTERN MUTUAL INVESTMENT SERV5+ years Service code 49 · EIN 52-2114207	Other Services	$4,379

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$9K

$51 / participant

Contract admin$9K100.0%

% of EOY assets

0.208%

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: MARVIN AND COMPANY, P.C.
Auditor EIN: 141567343
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,189

$52,961-67.5%

$172,752-90.0%

$65,185-73.6%

Participation rate

77.5%

66.2%+11.3pp

82.6%-5.1pp

70.2%+7.3pp

Annual return

16.90%

30.12%-13.2pp

802.97%-786.1pp

29.38%-12.5pp

Employer contribution / active EE

$2,234

$2,190+2.0%

$5,144-56.6%

$2,177+2.6%

Participant deferral / active EE

$2,471-100.0%

$5,198-100.0%

$3,514-100.0%

Admin fee / account holder

$36

$472-92.4%

$13,955-99.7%

$847-95.8%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY5+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$23,613

NORTHWESTERN MUTUAL INVESTMENT SERV5+ years

Service code 49 · EIN 52-2114207

Other Services

$4,379

WRAPAROUND SERVICES OF THE HUDSON VALLEY DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WRAPAROUND SERVICES OF THE HUDSON VALLEY DEFINED CONTRIBUTION 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