Retirement plan

403(B) THRIFT PLAN OF HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC.

Name: HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC. - 403(B) THRIFT PLAN OF HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC. (2021) Form 5500
Creator: HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC., HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC.

HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC.EIN 14-1703185Plan #003PY 2021

800 STONY BROOK CT - NEWBURGH, NY 12550845-561-6111hospiceoforange.comLinkedIn51-200 employeeshospital & health care

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.7M

+22.0% from 2020

Total participants

259

-3.7% from 2020

Average account balance

$26,445

+9.6% from 2020

Annual return

16.44%

+1.96 pp from 2020

Benchmarks

See 5,351 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,351 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.67M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

227

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.

54.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$599K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12

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

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 codes2L2F2G2T3D

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2K

$10 / participant

Contract admin$2K100.0%

% of EOY assets

0.039%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,445

$61,166-56.8%

$185,849-85.8%

$79,391-66.7%

Participation rate

80.5%

66.6%+13.9pp

81.7%-1.2pp

70.7%+9.8pp

Annual return

16.44%

19.45%-3.0pp

122.10%-105.7pp

116.88%-100.4pp

Employer contribution / active EE

$994

$2,321-57.2%

$5,169-80.8%

$2,428-59.1%

Participant deferral / active EE

$1,451

$2,789-48.0%

$5,569-74.0%

$4,046-64.1%

Admin fee / account holder

$10

$710-98.6%

$16,244-99.9%

$627-98.4%

403(B) THRIFT PLAN OF HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF HOSPICE OF ORANGE & SULLIVAN COUNTIES, INC.

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