Retirement plan

HUDSON VALLEY HEMATOLOGY ONCOLOGY ASSOCIATES LLP 401(K) PROFIT SHARING PLAN & TRUST

Name: HUDSON VALLEY HEMATOLOGY-ONCOLOGY ASSOCIATES LLP - HUDSON VALLEY HEMATOLOGY ONCOLOGY ASSOCIATES LLP 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: HUDSON VALLEY HEMATOLOGY-ONCOLOGY ASSOCIATES LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUDSON VALLEY HEMATOLOGY ONCOLOGY ASSOCIATES LLP 401(K) PROFIT SHARING PLAN & TRUST, HUDSON VALLEY HEMATOLOGY-ONCOLOGY ASSOCIATES LLP

HUDSON VALLEY HEMATOLOGY-ONCOLOGY ASSOCIATES LLPEIN 14-1645596Plan #002PY 2020

159 BARNEGAT ROAD, SUITE 101 - POUGHKEEPSIE, NY 12601845-454-1942LinkedIn51-200 employeesmedical devices

Other plans on this EIN

1 filing

#003Retirement-$229 assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.7M

+27.2% from 2019

Total participants

-5.3% from 2019

Average account balance

$52,034

+34.2% from 2019

Annual return

36.63%

+24.34 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.91M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$296K

Not enough data

1 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

+22.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2341

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 codes2D2E2G2J2R

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$358K

$11558 / participant

Other / not subdivided$358K100.0%

% of EOY assets

9.564%

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

$52,034

$91,198-42.9%

$178,503-70.8%

$79,856-34.8%

Participation rate

100.0%

69.2%+30.8pp

81.9%+18.1pp

69.6%+30.4pp

Annual return

36.63%

24.20%+12.4pp

151.12%-114.5pp

31.71%+4.9pp

Employer contribution / active EE

$968

$3,257-70.3%

$5,011-80.7%

$2,471-60.8%

Participant deferral / active EE

$1,586

$3,237-51.0%

$5,202-69.5%

$3,741-57.6%

Admin fee / account holder

$4,976

$6,748-26.3%

$13,987-64.4%

$5,306-6.2%

HUDSON VALLEY HEMATOLOGY ONCOLOGY ASSOCIATES LLP 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUDSON VALLEY HEMATOLOGY ONCOLOGY ASSOCIATES LLP 401(K) PROFIT SHARING PLAN & TRUST

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