Retirement plan

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIRE

Name: HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. - HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIRE (2020) 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. RETIRE, HOSPITAL CENTRAL SERVICES COOPERATIVE, INC.

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC.EIN 23-1709244Plan #004PY 2020

2171 28TH STREET SW - ALLENTOWN, PA 18103610-791-2222LinkedIn201-500 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$12.0M assets

Prospect flagsLow returnsLow participationLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.7M

+13.4% from 2019

Total participants

362

+11.0% from 2019

Average account balance

$12,677

-9.6% from 2019

Annual return

4.32%

-1.02 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

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

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Service providers

Top 10 of 12 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Service code 49 · EIN 04-1590850	Other Services	$3,090
AB FUNDS1 year Service code 52 · EIN 13-2625045	Indirect Investment Fees	$0
AMERICAN CENTURY3 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS3 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
CALVERT1 year Service code 52 · EIN 52-1233223	Indirect Investment Fees	$0
GOLDMAN SACHS3 years Service code 52 · EIN 13-4166989	Indirect Investment Fees	$0
INVESCO3 years Service code 52 · EIN 13-3867060	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY3 years Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0
PIMCO FUNDS3 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0
PRINCIPAL INVESTORS3 years Service code 52 · EIN 91-1801401	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G3D3F3H2T

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$3K

$9 / participant

Contract admin$3K89.6%
Other / not subdivided$32010.4%

% of EOY assets

0.115%

all-in expense ratio

Categories reported

1 / 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

$12,677

$52,293-75.8%

$178,503-92.9%

$73,412-82.7%

Participation rate

57.3%

65.3%-8.1pp

81.9%-24.7pp

72.2%-14.9pp

Annual return

4.32%

34.75%-30.4pp

151.12%-146.8pp

59.30%-55.0pp

Employer contribution / active EE

$356

$1,736-79.5%

$5,011-92.9%

$2,234-84.1%

Participant deferral / active EE

$388

$2,333-83.4%

$5,202-92.5%

$3,806-89.8%

Admin fee / account holder

$15

$127-88.6%

$13,987-99.9%

$158-90.8%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Service code 49 · EIN 04-1590850

Other Services

$3,090

AB FUNDS1 year

Service code 52 · EIN 13-2625045

Indirect Investment Fees

AMERICAN CENTURY3 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS3 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

CALVERT1 year

Service code 52 · EIN 52-1233223

Indirect Investment Fees

GOLDMAN SACHS3 years

Service code 52 · EIN 13-4166989

Indirect Investment Fees

INVESCO3 years

Service code 52 · EIN 13-3867060

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY3 years

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

PIMCO FUNDS3 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

PRINCIPAL INVESTORS3 years

Service code 52 · EIN 91-1801401

Indirect Investment Fees

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIRE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOSPITAL CENTRAL SERVICES COOPERATIVE, INC. RETIRE

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