Retirement plan

LITTLE FALLS HOSPITAL 403(B) RETIREMENT PLAN

Name: LITTLE FALLS HOSPITAL - LITTLE FALLS HOSPITAL 403(B) RETIREMENT PLAN (2017) Form 5500
Creator: LITTLE FALLS HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LITTLE FALLS HOSPITAL 403(B) RETIREMENT PLAN, LITTLE FALLS HOSPITAL

LITTLE FALLS HOSPITALEIN 15-0533578Plan #002PY 2017

140 BURWELL ST - LITTLE FALLS, NY 13365315-823-1000laninafilms.esLinkedIn201-500 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$12.1M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.1M

+18.3% from 2016

Total participants

394

+0.5% from 2016

Average account balance

$25,996

+11.2% from 2016

Annual return

14.42%

+7.92 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.69M

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.

443

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.03M

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$25,263
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY AND CO LLC Service code 22 ANNUITY INSURANCE OPERATIONS · NEW YORK, NY 10004	Insurance Broker	$20,269
ACTUARIAL PENSION ANALYSTS, INC.3+ years Filed as: ACTUARIAL PENSION ANALYSTS, INC Service code 13	Contract Administrator	$7,083
ACTUARIAL PENSION ANALYSTS, INC.3+ years Service code 13 7000 E GENESEE ST · FAYETTEVILLE, NY 13066	Contract Administrator	$2,500
MUTUAL OF AMERICA INVESTMENT CORP3+ years Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 13-1614399	Other insurance wrap fees; Claims pro...	$302

Plan features & details

Pension benefit codes2A2F2G2M2T3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$3K

$8 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.029%

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: FUST CHARLES CHAMBERS LLP
Auditor EIN: 161226221
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,996

$46,173-43.7%

$170,435-84.7%

$69,631-62.7%

Participation rate

85.9%

63.9%+22.0pp

83.6%+2.3pp

70.7%+15.3pp

Annual return

14.42%

21.62%-7.2pp

205.94%-191.5pp

27571.02%-27556.6pp

Employer contribution / active EE

$1,090

$1,610-32.3%

$5,432-79.9%

$2,032-46.4%

Participant deferral / active EE

$1,657

$2,080-20.3%

$4,939-66.4%

$3,224-48.6%

Admin fee / account holder

$116-93.5%

$13,881-99.9%

$110-93.2%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$25,263

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY AND CO LLC

Service code 22

ANNUITY INSURANCE OPERATIONS · NEW YORK, NY 10004

Insurance Broker

$20,269

ACTUARIAL PENSION ANALYSTS, INC.3+ years

Filed as: ACTUARIAL PENSION ANALYSTS, INC

Service code 13

Contract Administrator

$7,083

ACTUARIAL PENSION ANALYSTS, INC.3+ years

Service code 13

7000 E GENESEE ST · FAYETTEVILLE, NY 13066

Contract Administrator

$2,500

MUTUAL OF AMERICA INVESTMENT CORP3+ years

Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO

Service code 12 · EIN 13-1614399

Other insurance wrap fees; Claims pro...

$302

LITTLE FALLS HOSPITAL 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LITTLE FALLS HOSPITAL 403(B) 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