Retirement plan

AMERICARE HOSPICE 401(K) PLAN

Name: VILLA ALBA CORP. DBA AMERICARE HOSPICE AND PALLATIVE CARE - AMERICARE HOSPICE 401(K) PLAN (2024) Form 5500
Creator: VILLA ALBA CORP. DBA AMERICARE HOSPICE AND PALLATIVE CARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICARE HOSPICE 401(K) PLAN, VILLA ALBA CORP. DBA AMERICARE HOSPICE AND PALLATIVE CARE

VILLA ALBA CORP. DBA AMERICARE HOSPICE AND PALLATIVE CAREEIN 32-0135812Plan #001PY 2024

1212 NORTH SPENCER STREET, SUITE # 2 - MESA, AZ 85203480-726-7773

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$755K

+24.6% from 2023

Total participants

-12.5% from 2023

Average account balance

$47,196

+16.8% from 2023

Annual return

15.84%

-4.26 pp from 2023

Benchmarks

See 109,210 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,210 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$755K

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

69.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.84%

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

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 codes2E2F2G2J2T3D

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.

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.

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

$47,196

$183,539-74.3%

$155,556-69.7%

$145,897-67.7%

Participation rate

47.8%

82.7%-34.9pp

78.2%-30.4pp

80.3%-32.5pp

Annual return

15.84%

61.31%-45.5pp

64.84%-49.0pp

552.29%-536.4pp

Employer contribution / active EE

$5,315-100.0%

$4,675-100.0%

$4,663-100.0%

Participant deferral / active EE

$2,297

$6,467-64.5%

$5,631-59.2%

$6,689-65.7%

Admin fee / account holder

$19,275-100.0%

$15,885-100.0%

$13,390-100.0%

AMERICARE HOSPICE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AMERICARE HOSPICE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion