Retirement plan

HEALTH CARE MANAGEMENT SYSTEMS, INC. 401(K) PLAN

Name: HEALTH CARE MANAGEMENT SYSTEMS, INC. - HEALTH CARE MANAGEMENT SYSTEMS, INC. 401(K) PLAN (2017) Form 5500
Creator: HEALTH CARE MANAGEMENT SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALTH CARE MANAGEMENT SYSTEMS, INC. 401(K) PLAN, HEALTH CARE MANAGEMENT SYSTEMS, INC.

HEALTH CARE MANAGEMENT SYSTEMS, INC.EIN 43-1342874Plan #001PY 2017

2127 INNERBELT BUSINESS CENTER, SUITE 100 - ST. LOUIS, MO 63114314-991-3166healthcare-managementsystems.comLinkedIn501-1000 employeesmedical practice

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2M

+18.7% from 2016

Total participants

992

+20.8% from 2016

Average account balance

$20,867

-2.3% from 2016

Annual return

15.48%

+7.62 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.76M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

157

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.

5.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$288K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$176

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

+10.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$165

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
FREUND & CO INVESTMENT ADVISORS LC2 years Filed as: FREUND & COMPANY INVESTMENT ADVISOR Service code 27 · EIN 43-1786935 530 MARYVILLE CENTRE STE 210 · ST. LOUIS, MO 63141	Advisory (Plan)	$13,355
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Service code 15 · EIN 13-3689044 COMPANY · LOS ANGELES, CA 90015	Recordkeeping	$11,879
BKD, LLP2 years Filed as: BKD WEALTH ADVISORS, LLC Service code 15 · EIN 44-0160260 910 E. ST. LOUIS STREET · SPRINGFIELD, MO 658011190	Recordkeeping	$455

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$26K

$27 / participant

Investment mgmt$13K51.0%
Contract admin$13K49.0%

% of EOY assets

1.307%

all-in expense ratio

Categories reported

2 / 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: ANDERS MINKLER HUBER & HELM, LLP
Auditor EIN: 430831507
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,867

$46,173-54.8%

$170,435-87.8%

$69,631-70.0%

Participation rate

6.4%

63.9%-57.5pp

83.6%-77.2pp

70.7%-64.3pp

Annual return

15.48%

21.62%-6.1pp

205.94%-190.5pp

27571.02%-27555.5pp

Employer contribution / active EE

$1,610-100.0%

$5,432-100.0%

$2,032-100.0%

Participant deferral / active EE

$130

$2,080-93.7%

$4,939-97.4%

$3,224-96.0%

Admin fee / account holder

$273

$116+135.1%

$13,881-98.0%

$110+146.9%

Provider

Service type

Compensation

FREUND & CO INVESTMENT ADVISORS LC2 years

Filed as: FREUND & COMPANY INVESTMENT ADVISOR

Service code 27 · EIN 43-1786935

530 MARYVILLE CENTRE STE 210 · ST. LOUIS, MO 63141

Advisory (Plan)

$13,355

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Service code 15 · EIN 13-3689044

COMPANY · LOS ANGELES, CA 90015

Recordkeeping

$11,879

BKD, LLP2 years

Filed as: BKD WEALTH ADVISORS, LLC

Service code 15 · EIN 44-0160260

910 E. ST. LOUIS STREET · SPRINGFIELD, MO 658011190

Recordkeeping

$455

HEALTH CARE MANAGEMENT SYSTEMS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEALTH CARE MANAGEMENT SYSTEMS, INC. 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