Retirement plan

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREMENT SAVINGS PLAN

Name: HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. - HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: HOSPITAL CENTRAL SERVICES COOPERATIVE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREMENT SAVINGS PLAN, HOSPITAL CENTRAL SERVICES COOPERATIVE, INC.

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC.EIN 23-1709244Plan #004PY 2016

2171 28TH STREET, S.W. - ALLENTOWN, PA 18103610-791-2222LinkedIn201-500 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$8.6M assets

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$2.1M

No prior year

Total participants

122

No prior year

Average account balance

$17,547

No prior year

Annual return

1.39%

No prior year

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.89M

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

411

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.

67.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$308K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$615

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

+9.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$38

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 1 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND1+ years Filed as: PRUDENTIAL RETMT INS AND ANNUITY CO Service code 15 · EIN 06-1050034	Recordkeeping	$668

Plan features & details

Pension benefit codes2E2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$818

$8 / participant

Other / not subdivided$818100.0%

% of EOY assets

0.038%

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: CONCANNON, MILLER, & CO., P.C.
Auditor EIN: 232620120
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,547

$46,732-62.5%

$156,551-88.8%

$55,167-68.2%

Participation rate

100.0%

65.8%+34.2pp

84.0%+16.0pp

69.0%+31.0pp

Annual return

1.39%

17.72%-16.3pp

32.23%-30.8pp

169.23%-167.8pp

Employer contribution / active EE

$766

$2,105-63.6%

$5,501-86.1%

$1,963-61.0%

Participant deferral / active EE

$1,601

$2,204-27.4%

$4,871-67.1%

$3,054-47.6%

Admin fee / account holder

$418-98.4%

$13,028-99.9%

$504-98.7%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND1+ years

Filed as: PRUDENTIAL RETMT INS AND ANNUITY CO

Service code 15 · EIN 06-1050034

Recordkeeping

$668

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIREMENT 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