Retirement plan

HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN FKA HARTFORD HOSPITAL RETIREMENT SAVINGS PLAN

Name: HARTFORD HEALTHCARE CORPORATION - HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN FKA HARTFORD HOSPITAL RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: HARTFORD HEALTHCARE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN FKA HARTFORD HOSPITAL RETIREMENT SAVINGS PLAN, HARTFORD HEALTHCARE CORPORATION

HARTFORD HEALTHCARE CORPORATIONEIN 22-2672834Plan #003PY 2018

C/O HHC SYSTEM SUPPORT OFFICE, 389 JOHN DOWNEY DRIVE - NEW BRITAIN, CT 06051860-696-3500techknowrecruiting.comLinkedIn1-10 employeesmilitary

Other plans on this EIN

5 filings

#011Retirement-$1.58B assets #010Retirement-$559.6M assets #001Retirement-$40.6M assets #002Retirement-$34.2M assets #013Retirement-$3.2M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed April 30, 2013

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$682.3M

+16.5% from 2017

Total participants

19,346

+7.6% from 2017

Average account balance

$35,989

+9.0% from 2017

Annual return

-5.28%

-36.76 pp from 2017

Benchmarks

See 224 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort224 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.87B

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

35,390

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.

97.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$356.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND3+ years Filed as: PRUDENTIAL RETIREMENT INSURANCE CO. Service code 13 · EIN 06-1050034	Contract Administrator	$943,263
FID INV INST OPS CO1 year Service code 15 · EIN 04-2647786	Recordkeeping	$363,432
FIDUCIARY INVESTMENT ADVISORS3+ years Filed as: FIDUCIARY INVESTMENT ADVISORS, LLC Service code 16 · EIN 20-4751585	Consulting	$42,091
TURNSTONE DBA ALPHAGRAPHICS1 year Service code 16 · EIN 06-1280433	Consulting	$15,702
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$13,347

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
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.
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

$1.2M

$69 / participant

Other / not subdivided$1M100.0%

% of EOY assets

0.174%

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: FIONDELLA, MILONE & LASARACINA LLP
Auditor EIN: 061648707
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,989

$46,969-23.4%

$154,108-76.6%

$73,367-50.9%

Participation rate

97.7%

72.4%+25.3pp

83.0%+14.7pp

69.5%+28.3pp

Annual return

-5.28%

821.68%-827.0pp

735.21%-740.5pp

173.45%-178.7pp

Employer contribution / active EE

$4,762

$1,723+176.4%

$5,298-10.1%

$2,499+90.6%

Participant deferral / active EE

$5,247

$3,162+65.9%

$5,081+3.3%

$4,033+30.1%

Admin fee / account holder

$63

$47+34.2%

$13,411-99.5%

$68-8.5%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND3+ years

Filed as: PRUDENTIAL RETIREMENT INSURANCE CO.

Service code 13 · EIN 06-1050034

Contract Administrator

$943,263

FID INV INST OPS CO1 year

Service code 15 · EIN 04-2647786

Recordkeeping

$363,432

FIDUCIARY INVESTMENT ADVISORS3+ years

Filed as: FIDUCIARY INVESTMENT ADVISORS, LLC

Service code 16 · EIN 20-4751585

Consulting

$42,091

TURNSTONE DBA ALPHAGRAPHICS1 year

Service code 16 · EIN 06-1280433

Consulting

$15,702

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$13,347

HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN FKA HARTFORD HOSPITAL RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN FKA HARTFORD HOSPITAL RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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