Retirement plan

FRIEDWALD CENTER 401(K) PLAN

Name: FRIEDWALD CENTER FOR REHABILITATION & NURSING BENEFITS - FRIEDWALD CENTER 401(K) PLAN (2015) Form 5500
Creator: FRIEDWALD CENTER FOR REHABILITATION & NURSING BENEFITS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRIEDWALD CENTER 401(K) PLAN, FRIEDWALD CENTER FOR REHABILITATION & NURSING BENEFITS

FRIEDWALD CENTER FOR REHABILITATION & NURSING BENEFITSEIN 20-0482890Plan #001PY 2015

475 NEW HEMPSTEAD RD - NEW CITY, NY 10956845-678-2039

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$1.9M

No prior year

Total participants

254

No prior year

Average account balance

No prior year

Annual return

-2.36%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.65M

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.

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.

34.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$373K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10190

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

0 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
AXA EQUITABLE LIFE INSURANCE CO1+ years Filed as: AXA EQUITABLE LIFE INSURANCE CO. Service code 15 · EIN 13-5570651	Recordkeeping	$13,377

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$13K

$59 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.720%

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: DAVID FISCH, CPA
Auditor EIN: 133624676
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,360-100.0%

$147,617-100.0%

$52,331-100.0%

Participation rate

0.0%

64.9%-64.9pp

84.6%-84.6pp

68.1%-68.1pp

Annual return

-2.36%

1.62%-4.0pp

61.98%-64.3pp

4.54%-6.9pp

Employer contribution / active EE

$2,126-100.0%

$5,564-100.0%

$1,882-100.0%

Participant deferral / active EE

$557

$2,258-75.3%

$4,895-88.6%

$3,022-81.6%

Admin fee / account holder

$766-100.0%

$11,612-100.0%

$592-100.0%

Provider

Service type

Compensation

AXA EQUITABLE LIFE INSURANCE CO1+ years

Filed as: AXA EQUITABLE LIFE INSURANCE CO.

Service code 15 · EIN 13-5570651

Recordkeeping

$13,377

FRIEDWALD CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRIEDWALD CENTER 401(K) 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