Retirement plan

HEALTH PRO REHABILITATION 401(K) PLAN

Name: HEALTH PRO MANAGEMENT SERVICES LLC. - HEALTH PRO REHABILITATION 401(K) PLAN (2016) Form 5500
Creator: HEALTH PRO MANAGEMENT SERVICES LLC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALTH PRO REHABILITATION 401(K) PLAN, HEALTH PRO MANAGEMENT SERVICES LLC.

HEALTH PRO MANAGEMENT SERVICES LLC.EIN 26-1167226Plan #001PY 2016

307 INTERNATIONAL CIRCLE, SUITE 100 - HUNT VALLEY, MD 21030410-667-7200

Prospect flagsLow participationLow assets / participantLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$45.4M

+95.8% from 2015

Total participants

3,813

+90.3% from 2015

Average account balance

$21,154

-11.1% from 2015

Annual return

89.40%

+70.83 pp from 2015

Benchmarks

See 664 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort664 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$161.90M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

7,018

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.82M

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

+16.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 4 by compensation

Provider	Service type	Compensation
ALLIANCE PENSION CONSULTANTS, LLC2+ years Service code 15 · EIN 36-4389114	Recordkeeping	$153,509
NEWMAN & SCHIMEL LLC2+ years Service code 27 · EIN 20-8008610	Advisory (Plan)	$61,092
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$21,589
CHARLES SCHWAB & CO., INC.2+ years Service code 18 · EIN 94-1737782	Custodial (other than securities); Sh...	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

4 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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$215K

$73 / participant

Investment mgmt$61K28.5%
Other / not subdivided$154K71.5%

% of EOY assets

0.473%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DIXON HUGHES GOODMAN, LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,154

$85,635-75.3%

$123,892-82.9%

$63,975-66.9%

Participation rate

43.0%

74.9%-31.9pp

81.4%-38.4pp

71.1%-28.1pp

Annual return

89.40%

15.74%+73.7pp

47.52%+41.9pp

48.65%+40.8pp

Employer contribution / active EE

$68

$3,076-97.8%

$4,617-98.5%

$2,182-96.9%

Participant deferral / active EE

$1,868

$5,667-67.0%

$5,984-68.8%

$3,356-44.3%

Admin fee / account holder

$100

$75+33.5%

$8,357-98.8%

$70+42.0%

Provider

Service type

Compensation

ALLIANCE PENSION CONSULTANTS, LLC2+ years

Service code 15 · EIN 36-4389114

Recordkeeping

$153,509

NEWMAN & SCHIMEL LLC2+ years

Service code 27 · EIN 20-8008610

Advisory (Plan)

$61,092

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$21,589

CHARLES SCHWAB & CO., INC.2+ years

Service code 18 · EIN 94-1737782

Custodial (other than securities); Sh...

HEALTH PRO REHABILITATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEALTH PRO REHABILITATION 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