Retirement plan

IROQUOIS NURSING HOME, INC. 401(K) RETIREMENT PLAN

Name: IROQUOIS NURSING HOME, INC. - IROQUOIS NURSING HOME, INC. 401(K) RETIREMENT PLAN (2021) Form 5500
Creator: IROQUOIS NURSING HOME, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IROQUOIS NURSING HOME, INC. 401(K) RETIREMENT PLAN, IROQUOIS NURSING HOME, INC.

IROQUOIS NURSING HOME, INC.EIN 16-1364582Plan #001PY 2021

4600 SOUTHWOOD HEIGHTS DRIVE - JAMESVILLE, NY 13078315-469-1300iroquoisnursing.comLinkedIn201-500 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.1M

+11.7% from 2020

Total participants

187

-15.8% from 2020

Average account balance

$22,605

+3.2% from 2020

Annual return

14.74%

-3.33 pp from 2020

Benchmarks

See 18,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,805 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.50M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

166

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.

77.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$517K

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

+14.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$213

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 1 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY2 years Service code 64 · EIN 71-0294708	Recordkeeping Fees	$22,142

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$22K

$267 / participant

Other / not subdivided$22K100.0%

% of EOY assets

0.535%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,605

$95,406-76.3%

$185,849-87.8%

$85,847-73.7%

Participation rate

95.2%

68.8%+26.4pp

81.7%+13.5pp

69.3%+25.9pp

Annual return

14.74%

23.59%-8.9pp

122.10%-107.4pp

318.61%-303.9pp

Employer contribution / active EE

$1,794

$3,314-45.9%

$5,169-65.3%

$2,565-30.1%

Participant deferral / active EE

$2,617

$3,424-23.5%

$5,569-53.0%

$3,952-33.8%

Admin fee / account holder

$121

$7,214-98.3%

$16,244-99.3%

$6,261-98.1%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY2 years

Service code 64 · EIN 71-0294708

Recordkeeping Fees

$22,142

IROQUOIS NURSING HOME, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IROQUOIS NURSING HOME, INC. 401(K) 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