Retirement plan

403(B) THRIFT PLAN OF HUTHER-DOYLE MEMORIAL INSTITUTE, INC.

Name: HUTHER-DOYLE MEMORIAL INSTITUTE, INC. - 403(B) THRIFT PLAN OF HUTHER-DOYLE MEMORIAL INSTITUTE, INC. (2021) Form 5500
Creator: HUTHER-DOYLE MEMORIAL INSTITUTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF HUTHER-DOYLE MEMORIAL INSTITUTE, INC., HUTHER-DOYLE MEMORIAL INSTITUTE, INC.

HUTHER-DOYLE MEMORIAL INSTITUTE, INC.EIN 22-2238075Plan #001PY 2021

360 EAST AVE - ROCHESTER, NY 146042612585-325-5100LinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$994K

+27.0% from 2020

Total participants

+4.2% from 2020

Average account balance

$14,409

+12.3% from 2020

Annual return

21.48%

+3.40 pp from 2020

Benchmarks

See 8,919 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,919 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.43M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

135.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$188K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7092

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 codes2F2G2S2T

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$98K

$1813 / participant

Other / not subdivided$98K100.0%

% of EOY assets

9.849%

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

$14,409

$65,440-78.0%

$98,506-85.4%

$85,851-83.2%

Participation rate

90.7%

65.0%+25.7pp

73.3%+17.4pp

69.3%+21.4pp

Annual return

21.48%

21.75%-0.3pp

1494.92%-1473.4pp

318.63%-297.2pp

Employer contribution / active EE

$1,041

$2,169-52.0%

$2,961-64.8%

$2,565-59.4%

Participant deferral / active EE

$1,560

$3,168-50.7%

$4,277-63.5%

$3,952-60.5%

Admin fee / account holder

$1,419

$4,596-69.1%

$5,955-76.2%

$6,261-77.3%

403(B) THRIFT PLAN OF HUTHER-DOYLE MEMORIAL INSTITUTE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF HUTHER-DOYLE MEMORIAL INSTITUTE, INC.

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