Retirement plan

NORTHWEST BUFFALO COMMUNITY HEALTH CARE CENTER, INC. 403(B) PLAN

Name: NEIGHBORHOOD HEALTH CARE CENTER, INC. - NORTHWEST BUFFALO COMMUNITY HEALTH CARE CENTER, INC. 403(B) PLAN (2015) Form 5500
Creator: NEIGHBORHOOD HEALTH CARE CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHWEST BUFFALO COMMUNITY HEALTH CARE CENTER, INC. 403(B) PLAN, NEIGHBORHOOD HEALTH CARE CENTER, INC.

NEIGHBORHOOD HEALTH CARE CENTER, INC.EIN 16-1294447Plan #001PY 2015

155 LAWN AVENUE - BUFFALO, NY 14207716-875-2904nhcwny.orgLinkedIn201-500 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.5M

No prior year

Total participants

114

No prior year

Average account balance

$16,536

No prior year

Annual return

1.49%

No prior year

Benchmarks

See 15,768 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort15,768 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.75M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

318

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.

64.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$242

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
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$6,203
PENSION ASSURANCE LLP1+ years Filed as: THE PENSION SERVICE Service code 15 · EIN 16-1613026 270 NORTHPOINTE PKWY · AMHERST, NY 142281897	Recordkeeping	$5,534
SAGEPOINT FINANCIAL INC1+ years Filed as: FSC SECURITIES CORP Service code 55 2300 WINDY RIDGE PKWY STE 1100 · ATLANTA, GA 30339	Other Commissions	$0

Plan features & details

Pension benefit codes2A2E2G2K2M3D

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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

$5K

$53 / participant

Contract admin$5K100.0%

% of EOY assets

0.330%

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: JEFFREY L. OFFHAUS CPA,LLC
Auditor EIN: 202368569
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,536

$75,828-78.2%

$147,617-88.8%

$59,632-72.3%

Participation rate

75.5%

71.6%+4.0pp

84.6%-9.1pp

68.7%+6.9pp

Annual return

1.49%

0.37%+1.1pp

61.98%-60.5pp

2041.32%-2039.8pp

Employer contribution / active EE

$665

$3,485-80.9%

$5,565-88.0%

$2,203-69.8%

Participant deferral / active EE

$2,993

$3,130-4.4%

$4,895-38.9%

$3,192-6.2%

Admin fee / account holder

$54

$5,985-99.1%

$11,611-99.5%

$4,297-98.7%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$6,203

PENSION ASSURANCE LLP1+ years

Filed as: THE PENSION SERVICE

Service code 15 · EIN 16-1613026

270 NORTHPOINTE PKWY · AMHERST, NY 142281897

Recordkeeping

$5,534

SAGEPOINT FINANCIAL INC1+ years

Filed as: FSC SECURITIES CORP

Service code 55

2300 WINDY RIDGE PKWY STE 1100 · ATLANTA, GA 30339

Other Commissions

NORTHWEST BUFFALO COMMUNITY HEALTH CARE CENTER, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHWEST BUFFALO COMMUNITY HEALTH CARE CENTER, INC. 403(B) 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