Retirement plan

NURSING ABC, INC. 401(K) PROFIT SHARING PLAN

Name: NURSING ABC, INC. - NURSING ABC, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: NURSING ABC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NURSING ABC, INC. 401(K) PROFIT SHARING PLAN, NURSING ABC, INC.

NURSING ABC, INC.EIN 20-2924488Plan #001PY 2024

2679 DARLINGTON ROAD, SUITE 1 - BEAVER FALLS, PA 15010724-709-1605

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.3M

+29.9% from 2023

Total participants

158

+23.4% from 2023

Average account balance

$65,319

+5.2% from 2023

Annual return

15.39%

+0.46 pp from 2023

Benchmarks

See 1,573 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,573 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.32M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

158

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11

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
THREE CORD TRUE WEALTH MANAGEMENT1 year Service code 99 · EIN 84-4283106	Other Fees	$30,757
SIEGEL ACTUARIAL CONSULTING, INC.1 year Filed as: SIEGEL ACTURIAL CONSULTING, INC Service code 49	Other Services	$18,907
SIEGEL ACTUARIAL CONSULTING, INC.1 year Service code 49 · EIN 65-1279994	Other Services	$0

Plan features & details

Pension benefit codes2E2F2J2T3D

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).
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

$2K

$12 / participant

Contract admin$2K100.0%

% of EOY assets

0.017%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: H2R CPA
Auditor EIN: 251031723
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,319

$69,708-6.3%

$67,560-3.3%

$74,478-12.3%

Participation rate

100.0%

71.4%+28.6pp

72.9%+27.1pp

67.2%+32.8pp

Annual return

15.39%

-40.67%+56.1pp

3533.50%-3518.1pp

1370.56%-1355.2pp

Employer contribution / active EE

$8,826

$2,715+225.1%

$2,737+222.5%

$2,626+236.0%

Participant deferral / active EE

$4,684

$3,637+28.8%

$4,004+17.0%

$4,350+7.7%

Admin fee / account holder

$11

$887-98.8%

$3,994-99.7%

$1,946-99.4%

Provider

Service type

Compensation

THREE CORD TRUE WEALTH MANAGEMENT1 year

Service code 99 · EIN 84-4283106

Other Fees

$30,757

SIEGEL ACTUARIAL CONSULTING, INC.1 year

Filed as: SIEGEL ACTURIAL CONSULTING, INC

Service code 49

Other Services

$18,907

SIEGEL ACTUARIAL CONSULTING, INC.1 year

Service code 49 · EIN 65-1279994

Other Services

NURSING ABC, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NURSING ABC, INC. 401(K) PROFIT SHARING 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