Retirement plan

HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN

Name: HARTFORD HEALTHCARE CORPORATION - HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN (2022) 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, HARTFORD HEALTHCARE CORPORATION

HARTFORD HEALTHCARE CORPORATIONEIN 22-2672834Plan #003PY 2022

5 BATTERSON PARK ROAD - FARMINGTON, CT 06032860-696-3500techknowrecruiting.comLinkedIn1-10 employeesmilitary

Other plans on this EIN

4 filings

#011Retirement-$1.87B assets #010Retirement-$609.9M assets #001Retirement-$88.0M assets #013Retirement-$3.0M 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)

$1782.7M

-4.8% from 2021

Total participants

32,251

+6.8% from 2021

Average account balance

$56,110

-11.1% from 2021

Annual return

-14.82%

-32.89 pp from 2021

Benchmarks

See 237 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort237 peers

Snapshot2022

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
FID INV INST OPS CO5 years Service code 15 · EIN 04-2647786	Recordkeeping	$1,764,063
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$410,161
DIMEO SCHNEIDER & ASSOCIATES LLC3 years Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC Service code 16 · EIN 36-4001764	Consulting	$58,514
SOUNDHILL GRAPHICS1 year Service code 16 · EIN 83-2657094	Consulting	$34,768
MARKETING SOLUTIONS UNLIMITED, LLC2 years Service code 16 · EIN 06-1547555	Consulting	$23,301

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

$2.3M

$88 / participant

Investment mgmt$410K18.0%
Other / not subdivided$2M82.0%

% of EOY assets

0.128%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,110

$83,057-32.4%

$143,797-61.0%

$89,433-37.3%

Participation rate

98.2%

74.0%+24.1pp

80.3%+17.8pp

71.3%+26.9pp

Annual return

-14.82%

-13.97%-0.8pp

-0.04%-14.8pp

-11.88%-2.9pp

Employer contribution / active EE

$4,934

$2,095+135.5%

$4,952-0.4%

$3,021+63.3%

Participant deferral / active EE

$6,499

$4,281+51.8%

$5,638+15.3%

$5,125+26.8%

Admin fee / account holder

$72

$83-13.3%

$14,679-99.5%

$79-9.4%

Provider

Service type

Compensation

FID INV INST OPS CO5 years

Service code 15 · EIN 04-2647786

Recordkeeping

$1,764,063

STRATEGIC ADVISORS, INC.5 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$410,161

DIMEO SCHNEIDER & ASSOCIATES LLC3 years

Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC

Service code 16 · EIN 36-4001764

Consulting

$58,514

SOUNDHILL GRAPHICS1 year

Service code 16 · EIN 83-2657094

Consulting

$34,768

MARKETING SOLUTIONS UNLIMITED, LLC2 years

Service code 16 · EIN 06-1547555

Consulting

$23,301

HARTFORD HEALTHCARE 401(K) RETIREMENT 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

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