Retirement plan

EMBLEMHEALTH SERVICES COMPANY, LLC CASH BALANCE PLAN AND TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES

Name: BRD OF TRUSTEES, EMBLEMHEALTH SRVC CO. CASH BAL. PLN FOR COLL BAR - EMBLEMHEALTH SERVICES COMPANY, LLC CASH BALANCE PLAN AND TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES (2021) Form 5500
Creator: BRD OF TRUSTEES, EMBLEMHEALTH SRVC CO. CASH BAL. PLN FOR COLL BAR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMBLEMHEALTH SERVICES COMPANY, LLC CASH BALANCE PLAN AND TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES, BRD OF TRUSTEES, EMBLEMHEALTH SRVC CO. CASH BAL. PLN FOR COLL BAR

BRD OF TRUSTEES, EMBLEMHEALTH SRVC CO. CASH BAL. PLN FOR COLL BAREIN 26-1330097Plan #003PY 2021

55 WATER STREET, 11TH FLOOR - NEW YORK, NY 100418190646-447-5936

Other plans on this EIN

3 filings

#002Retirement-$346.7M assets #007Retirement-$139.7M assets #006Retirement-$15.0M assets

Prospect flagsLow returnsHigh cash

How to read this page

Total assets (EOY)

$1.1M

-49.5% from 2016

Total participants

194

-10.1% from 2016

Average account balance

No prior year

Annual return

-11.84%

-0.72 pp from 2016

Benchmarks

See 540 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined benefit

Participants25-99

Cohort540 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$882K

Not enough data

1 years with asset history on file

Average account balance

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

$6K

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.

108

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$156K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

-15.93%

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 2 by compensation

Provider	Service type	Compensation
RIVER AND MERCANTILE LLC2 years Filed as: RIVER & MERCANTILE LLC Service code 11 · EIN 04-3513306	Actuarial	$48,037
BDO USA, LLP7+ years Filed as: BDO USA LLP Service code 10 · EIN 13-5381590	Accounting	$40,062

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1C3H

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$126K

$1432 / participant

Investment mgmt$1K1.0%
Other / not subdivided$125K99.0%

% of EOY assets

11.661%

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: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$163,948-100.0%

$454,052-100.0%

$95,044-100.0%

Participation rate

0.0%

2.6%-2.6pp

18.4%-18.4pp

8.4%-8.4pp

Annual return

-11.84%

11.99%-23.8pp

8.95%-20.8pp

18.35%-30.2pp

Employer contribution / active EE

$2,273

$18,406-87.7%

$46,559-95.1%

$14,669-84.5%

Participant deferral / active EE

$26-100.0%

$131-100.0%

$70-100.0%

Admin fee / account holder

$709-100.0%

$19,831-100.0%

$9,141-100.0%

Provider

Service type

Compensation

RIVER AND MERCANTILE LLC2 years

Filed as: RIVER & MERCANTILE LLC

Service code 11 · EIN 04-3513306

Actuarial

$48,037

BDO USA, LLP7+ years

Filed as: BDO USA LLP

Service code 10 · EIN 13-5381590

Accounting

$40,062

EMBLEMHEALTH SERVICES COMPANY, LLC CASH BALANCE PLAN AND TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMBLEMHEALTH SERVICES COMPANY, LLC CASH BALANCE PLAN AND TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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