Retirement plan

HEALTHCARE INFORMATION SERVICES, L.L.C. PROFIT SHARING 401(K) PLAN

Name: HEALTHCARE INFORMATION SERVICES, L.L.C. - HEALTHCARE INFORMATION SERVICES, L.L.C. PROFIT SHARING 401(K) PLAN (2017) Form 5500
Creator: HEALTHCARE INFORMATION SERVICES, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALTHCARE INFORMATION SERVICES, L.L.C. PROFIT SHARING 401(K) PLAN, HEALTHCARE INFORMATION SERVICES, L.L.C.

HEALTHCARE INFORMATION SERVICES, L.L.C.EIN 36-4089115Plan #001PY 2017

6910 SOUTH MADISON - WILLOWBROOK, IL 60527630-321-2787healthcareinformationservices.comLinkedIn1-10 employees

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$4.1M

+28.1% from 2016

Total participants

147

-7.5% from 2016

Average account balance

$33,191

+31.2% from 2016

Annual return

22.33%

+14.58 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.76M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

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

+13.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9883

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$2,050

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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$16 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.050%

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: FGMK
Auditor EIN: 362929601
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,191

$36,767-9.7%

$81,473-59.3%

$62,293-46.7%

Participation rate

81.5%

54.4%+27.1pp

68.0%+13.6pp

69.5%+12.0pp

Annual return

22.33%

173.80%-151.5pp

38.78%-16.5pp

28.90%-6.6pp

Employer contribution / active EE

$1,128-100.0%

$2,568-100.0%

$2,042-100.0%

Participant deferral / active EE

$2,840

$2,111+34.5%

$3,537-19.7%

$3,169-10.4%

Admin fee / account holder

$17

$797-97.9%

$4,561-99.6%

$479-96.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$2,050

HEALTHCARE INFORMATION SERVICES, L.L.C. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEALTHCARE INFORMATION SERVICES, L.L.C. PROFIT SHARING 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