Retirement plan

HEALTH & HOME MANAGEMENT 401(K) PLAN

Name: HEALTH & HOME MANAGEMENT - HEALTH & HOME MANAGEMENT 401(K) PLAN (2018) Form 5500
Creator: HEALTH & HOME MANAGEMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALTH & HOME MANAGEMENT 401(K) PLAN, HEALTH & HOME MANAGEMENT

HEALTH & HOME MANAGEMENTEIN 36-3223168Plan #002PY 2018

5454 W. FARGO - SKOKIE, IL 60077elevatecare.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow participationLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributions

Top hat statement on fileNQDC

Filed February 15, 1999

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$11M

-10.2% from 2017

Total participants

1,158

-6.5% from 2017

Average account balance

$15,731

-8.0% from 2017

Annual return

0.12%

-7.83 pp from 2017

Benchmarks

See 2,763 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,763 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.08M

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.

344

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.

9.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$693

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

+6.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$462

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
THE WEISS GROUP, INC.4+ years Service code 12 400 SKOKIE BLVD · NORTHBROOK, IL 60062	Recordkeeping fees; Recordkeeping and...	$67,907
LPL FINANCIAL2 years Service code 27 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121	Advisory (Plan)	$49,988
OSTROW REISIN BERK & ABRAMS, LTD.4+ years Service code 10 455 NORTH CITYFRONT PLAZA DRIVE · CHICAGO, IL 60611	Accounting	$16,500
MID ATLANTIC CAPITAL CORPORATION1 year Filed as: MID ATLANTIC CAPITAL CORP. Service code 19 1251 WATERFRONT PLACE, SUITE 525 · PITTSBURGH, PA 152224236	Securities Custodian	$6,615

Plan features & details

Pension benefit codes2E2F2H2J2K2T3D3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$141K

$227 / participant

Investment mgmt$50K35.4%
Other / not subdivided$91K64.6%

% of EOY assets

1.281%

all-in expense ratio

Categories reported

1 / 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: OSTROW REISIN BERK & ABRAMS, LTD
Auditor EIN: 362938874
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,731

$75,388-79.1%

$123,552-87.3%

$55,725-71.8%

Participation rate

26.1%

75.7%-49.5pp

82.3%-56.2pp

70.9%-44.7pp

Annual return

0.12%

4.48%-4.4pp

119.20%-119.1pp

244.93%-244.8pp

Employer contribution / active EE

$228

$3,063-92.6%

$4,628-95.1%

$2,078-89.0%

Participant deferral / active EE

$1,333

$5,651-76.4%

$6,426-79.2%

$3,356-60.3%

Admin fee / account holder

$201

$120+68.2%

$9,285-97.8%

$115+74.9%

Provider

Service type

Compensation

THE WEISS GROUP, INC.4+ years

Service code 12

400 SKOKIE BLVD · NORTHBROOK, IL 60062

Recordkeeping fees; Recordkeeping and...

$67,907

LPL FINANCIAL2 years

Service code 27

4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121

Advisory (Plan)

$49,988

OSTROW REISIN BERK & ABRAMS, LTD.4+ years

Service code 10

455 NORTH CITYFRONT PLAZA DRIVE · CHICAGO, IL 60611

Accounting

$16,500

MID ATLANTIC CAPITAL CORPORATION1 year

Filed as: MID ATLANTIC CAPITAL CORP.

Service code 19

1251 WATERFRONT PLACE, SUITE 525 · PITTSBURGH, PA 152224236

Securities Custodian

$6,615

HEALTH & HOME MANAGEMENT 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEALTH & HOME MANAGEMENT 401(K) PLAN

Top hat statement on fileNQDC

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