Retirement plan

UNION AVENUE HEALTHCARE INC. 401(K) PLAN

Name: UNION AVENUE HEALTHCARE, INC. - UNION AVENUE HEALTHCARE INC. 401(K) PLAN (2024) Form 5500
Creator: UNION AVENUE HEALTHCARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNION AVENUE HEALTHCARE INC. 401(K) PLAN, UNION AVENUE HEALTHCARE, INC.

UNION AVENUE HEALTHCARE, INC.EIN 22-3691170Plan #001PY 2024

433 WEST UNION AVENUE - BOUND BROOK, NJ 08805732-985-1211

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$19.7M

+11.9% from 2023

Total participants

475

+22.4% from 2023

Average account balance

$107,540

+13.7% from 2023

Annual return

12.49%

-5.10 pp from 2023

Benchmarks

See 1,308 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,308 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.68M

Not enough data

1 years with asset history on file

Average account balance

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

$108K

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.

183

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.

31.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.42M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$230

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH6 years Service code 52 · EIN 13-5674085	Indirect Investment Fees	$72,931
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$24,078
BUCKNO LISICKY & COMPANY10+ years Filed as: BUCKNO LISICKY & Service code 15 · EIN 23-2426656	Recordkeeping	$17,995
ADP BROKER-DEALER10+ years Service code 49 · EIN 22-3319984	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$42K

$99 / participant

Recordkeeping$24K57.2%
Other / not subdivided$18K42.8%

% of EOY assets

0.214%

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: BUCKNO LISICKY & CO
Auditor EIN: 232426656
Audit fees: $17,995
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$107,540

$54,193+98.4%

$93,681+14.8%

$77,692+38.4%

Participation rate

31.6%

63.9%-32.3pp

68.7%-37.1pp

70.6%-39.0pp

Annual return

12.49%

30.54%-18.1pp

133.47%-121.0pp

31.25%-18.8pp

Employer contribution / active EE

$795

$1,168-31.9%

$2,422-67.2%

$2,726-70.8%

Participant deferral / active EE

$2,530

$3,144-19.5%

$4,415-42.7%

$4,648-45.6%

Admin fee / account holder

$230

$576-60.1%

$8,290-97.2%

$431-46.6%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH6 years

Service code 52 · EIN 13-5674085

Indirect Investment Fees

$72,931

ADP BROKER-DEALER5 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$24,078

BUCKNO LISICKY & COMPANY10+ years

Filed as: BUCKNO LISICKY &

Service code 15 · EIN 23-2426656

Recordkeeping

$17,995

ADP BROKER-DEALER10+ years

Service code 49 · EIN 22-3319984

Other Services

UNION AVENUE HEALTHCARE INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNION AVENUE HEALTHCARE INC. 401(K) 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