Retirement plan

HELIO HEALTH, INC. SAVINGS AND RETIREMENT PLAN

Name: HELIO HEALTH, INC. - HELIO HEALTH, INC. SAVINGS AND RETIREMENT PLAN (2019) Form 5500
Creator: HELIO HEALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HELIO HEALTH, INC. SAVINGS AND RETIREMENT PLAN, HELIO HEALTH, INC.

HELIO HEALTH, INC.EIN 15-0532288Plan #002PY 2019

555 E. GENESEE STREET - SYRACUSE, NY 13202315-474-5506helio.healthLinkedIn501-1000 employeesmental health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.4M

+48.2% from 2018

Total participants

506

+17.4% from 2018

Average account balance

$19,533

+49.2% from 2018

Annual return

24.81%

+25.94 pp from 2018

Benchmarks

See 3,878 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,878 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.03M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

670

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.

45.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$290

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 3 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH1 year Service code 22 · EIN 52-1473914	Insurance Broker	$48,453
TRANSAMERICA RETIREMENT SOLUTIONS1 year Service code 15 · EIN 13-3689044	Recordkeeping	$42,778
ACTUARIAL PENSION ANALYSTS, INC.1 year Service code 15 · EIN 16-1316349	Recordkeeping	$5,125

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$48K

$111 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.748%

all-in expense ratio

Categories reported

0 / 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: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,533

$62,928-69.0%

$172,753-88.7%

$67,582-71.1%

Participation rate

58.6%

64.5%-5.9pp

82.6%-24.0pp

71.3%-12.7pp

Annual return

24.81%

30.36%-5.5pp

803.00%-778.2pp

378.57%-353.8pp

Employer contribution / active EE

$1,365

$1,636-16.6%

$5,144-73.5%

$2,148-36.4%

Participant deferral / active EE

$2,091

$2,145-2.5%

$5,198-59.8%

$3,539-40.9%

Admin fee / account holder

$146

$167-12.4%

$13,956-99.0%

$142+2.6%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH1 year

Service code 22 · EIN 52-1473914

Insurance Broker

$48,453

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Service code 15 · EIN 13-3689044

Recordkeeping

$42,778

ACTUARIAL PENSION ANALYSTS, INC.1 year

Service code 15 · EIN 16-1316349

Recordkeeping

$5,125

HELIO HEALTH, INC. SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HELIO HEALTH, INC. SAVINGS AND RETIREMENT 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