Retirement plan

HEALTHCARE QUALITY STRATEGIES, INC. SALARY SAVINGS PLAN

Name: HEALTHCARE QUALITY STRATEGIES, INC. - HEALTHCARE QUALITY STRATEGIES, INC. SALARY SAVINGS PLAN (2015) Form 5500
Creator: HEALTHCARE QUALITY STRATEGIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALTHCARE QUALITY STRATEGIES, INC. SALARY SAVINGS PLAN, HEALTHCARE QUALITY STRATEGIES, INC.

HEALTHCARE QUALITY STRATEGIES, INC.EIN 22-2547756Plan #001PY 2015

557 CRANBURY ROAD, SUITE 21 - EAST BRUNSWICK, NJ 08816732-238-5570hqsi.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$8.4M

No prior year

Total participants

106

No prior year

Average account balance

$89,662

No prior year

Annual return

0.50%

No prior year

Benchmarks

See 22,773 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort22,773 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.76M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

81.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$248K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14825

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$1,125
MORGAN STANLEY SMITH BARNEY1+ years Service code 61 HARBORSIDE FINANCIAL CTR PLAZA 2 · JERSEY CITY, NJ 07311	Finders' fees / placement fees	$0
UBS FINANCIAL SERVICES INC1+ years Service code 61 · EIN 13-2638166	Finders' fees / placement fees	$0

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

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$1K

$18 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.013%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: COHN REZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,662

$72,177+24.2%

$115,038-22.1%

$59,633+50.4%

Participation rate

80.6%

72.6%+8.1pp

81.4%-0.7pp

68.7%+12.0pp

Annual return

0.50%

12.02%-11.5pp

26.14%-25.6pp

2041.45%-2041.0pp

Employer contribution / active EE

$3,019

$2,841+6.3%

$4,608-34.5%

$2,203+37.1%

Participant deferral / active EE

$4,949

$4,783+3.5%

$6,026-17.9%

$3,192+55.1%

Admin fee / account holder

$12

$4,927-99.8%

$8,175-99.9%

$4,297-99.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$1,125

MORGAN STANLEY SMITH BARNEY1+ years

Service code 61

HARBORSIDE FINANCIAL CTR PLAZA 2 · JERSEY CITY, NJ 07311

Finders' fees / placement fees

UBS FINANCIAL SERVICES INC1+ years

Service code 61 · EIN 13-2638166

Finders' fees / placement fees

HEALTHCARE QUALITY STRATEGIES, INC. SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEALTHCARE QUALITY STRATEGIES, INC. SALARY SAVINGS 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