Retirement plan

NORTHWEST ESSEX COMMUNITY HEALTHCARE NETWORK, INC 401 (K)

Name: NW ESSEX COMM HEALTHCARE NETWORK - NORTHWEST ESSEX COMMUNITY HEALTHCARE NETWORK, INC 401 (K) (2025) Form 5500
Creator: NW ESSEX COMM HEALTHCARE NETWORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHWEST ESSEX COMMUNITY HEALTHCARE NETWORK, INC 401 (K), NW ESSEX COMM HEALTHCARE NETWORK

NW ESSEX COMM HEALTHCARE NETWORKEIN 22-1623568Plan #004PY 2025

570 BELLEVILLE AVENUE - BELLEVILLE, NJ 07109973-744-7733

Other plans on this EIN

1 filing

#005Retirement-$667K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$6.3M

-6.0% from 2024

Total participants

-32.9% from 2024

Average account balance

$121,219

+48.3% from 2024

Annual return

4.88%

-8.76 pp from 2024

Benchmarks

See 15,542 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort15,542 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.30M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

148.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$328K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+4.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20299

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$30159 / participant

Other / not subdivided$1M100.0%

% of EOY assets

16.746%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,219

$76,407+58.6%

$150,298-19.3%

$82,448+47.0%

Participation rate

91.4%

66.4%+25.0pp

77.8%+13.7pp

68.1%+23.4pp

Annual return

4.88%

39.99%-35.1pp

62.79%-57.9pp

41.64%-36.8pp

Employer contribution / active EE

$4,723

$2,614+80.7%

$4,154+13.7%

$2,551+85.1%

Participant deferral / active EE

$4,649

$3,214+44.6%

$5,453-14.7%

$4,139+12.3%

Admin fee / account holder

$20,299

$6,352+219.6%

$14,116+43.8%

$7,234+180.6%

NORTHWEST ESSEX COMMUNITY HEALTHCARE NETWORK, INC 401 (K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHWEST ESSEX COMMUNITY HEALTHCARE NETWORK, INC 401 (K)

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