Retirement plan

ISLANDS HOSPICE, INC. 403(B) RETIREMENT PLAN

Name: ISLANDS HOSPICE, INC. - ISLANDS HOSPICE, INC. 403(B) RETIREMENT PLAN (2020) Form 5500
Creator: ISLANDS HOSPICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ISLANDS HOSPICE, INC. 403(B) RETIREMENT PLAN, ISLANDS HOSPICE, INC.

ISLANDS HOSPICE, INC.EIN 26-4659430Plan #001PY 2020

4500 S. GARNETT RD., SUITE 230 - TULSA, OK 74146918-724-3065

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$4.1M

+34.0% from 2019

Total participants

270

-27.8% from 2019

Average account balance

$21,749

+74.6% from 2019

Annual return

16.78%

-3.48 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$604K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.50%

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INSURANCE SERVICES Service code 26 · EIN 51-0116113 1585 BROADWAY · NEW YORK, NY 10036	Advisory (Participants)	$16,884
BEASLEY & COMPANY1 year Service code 13 · EIN 73-1412334 2626 EAST 21ST STREET · TULSA, OK 74114	Contract Administrator	$9,796
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 62 · EIN 82-4555287 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Float revenue; Recordkeeping fees	$9,497
AMERICAN FUNDS3+ years Filed as: CAPITAL BANK AND TRUST Service code 18 · EIN 95-6817943 PO BOX 6040 · INDIANAPOLIS, IN 46206	Custodial (other than securities); Fl...	$0
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 15 · EIN 95-1411037 333 S. HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2M2T2A3H

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.
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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$19K

$85 / participant

Other / not subdivided$19K100.0%

% of EOY assets

0.472%

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: CURZON, CUMBEY & KUNKEL, PLLC
Auditor EIN: 731538194
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,749

$58,895-63.1%

$178,503-87.8%

$73,497-70.4%

Participation rate

63.7%

66.2%-2.5pp

81.9%-18.2pp

70.7%-7.0pp

Annual return

16.78%

24.86%-8.1pp

151.12%-134.3pp

28.51%-11.7pp

Employer contribution / active EE

$977

$2,236-56.3%

$5,011-80.5%

$2,270-57.0%

Participant deferral / active EE

$2,553

$2,567-0.5%

$5,202-50.9%

$3,740-31.7%

Admin fee / account holder

$103

$400-74.4%

$13,987-99.3%

$513-80.0%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INSURANCE SERVICES

Service code 26 · EIN 51-0116113

1585 BROADWAY · NEW YORK, NY 10036

Advisory (Participants)

$16,884

BEASLEY & COMPANY1 year

Service code 13 · EIN 73-1412334

2626 EAST 21ST STREET · TULSA, OK 74114

Contract Administrator

$9,796

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 62 · EIN 82-4555287

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Float revenue; Recordkeeping fees

$9,497

AMERICAN FUNDS3+ years

Filed as: CAPITAL BANK AND TRUST

Service code 18 · EIN 95-6817943

PO BOX 6040 · INDIANAPOLIS, IN 46206

Custodial (other than securities); Fl...

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 15 · EIN 95-1411037

333 S. HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping

ISLANDS HOSPICE, INC. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ISLANDS HOSPICE, INC. 403(B) RETIREMENT 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