Retirement plan

PHILADELPHIA HOSPITAL & HEALTH 401(K) PROFIT SHARING PLAN & TRUST

Name: PHILADELPHIA HOSPITAL & HEALTH - PHILADELPHIA HOSPITAL & HEALTH 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: PHILADELPHIA HOSPITAL & HEALTH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHILADELPHIA HOSPITAL & HEALTH 401(K) PROFIT SHARING PLAN & TRUST, PHILADELPHIA HOSPITAL & HEALTH

PHILADELPHIA HOSPITAL & HEALTHEIN 23-7418594Plan #001PY 2024

ONE SOUTH BROAD ST 6TH FLOOR - PHILADELPHIA, PA 19107215-568-2220LinkedIn51-200 employeescivic & social organization

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$342K

+37.5% from 2023

Total participants

-7.1% from 2023

Average account balance

$17,997

+23.1% from 2023

Annual return

22.11%

+6.93 pp from 2023

Benchmarks

See 10,680 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,680 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$342K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

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.

55.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+22.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$145

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$81 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.805%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,997

$58,241-69.1%

$81,780-78.0%

$80,911-77.8%

Participation rate

41.2%

63.4%-22.3pp

72.4%-31.2pp

67.6%-26.5pp

Annual return

22.11%

41.73%-19.6pp

776.27%-754.2pp

35.63%-13.5pp

Employer contribution / active EE

$2,343-100.0%

$2,914-100.0%

$2,756-100.0%

Participant deferral / active EE

$1,204

$3,283-63.3%

$4,321-72.1%

$4,297-72.0%

Admin fee / account holder

$145

$4,973-97.1%

$7,384-98.0%

$6,935-97.9%

PHILADELPHIA HOSPITAL & HEALTH 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHILADELPHIA HOSPITAL & HEALTH 401(K) PROFIT SHARING PLAN & TRUST

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