Retirement plan

BCD HEALTH PARTNERS, LLC 401(K) PLAN

Name: BCD HEALTH PARTNERS, LLC - BCD HEALTH PARTNERS, LLC 401(K) PLAN (2024) Form 5500
Creator: BCD HEALTH PARTNERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BCD HEALTH PARTNERS, LLC 401(K) PLAN, BCD HEALTH PARTNERS, LLC

BCD HEALTH PARTNERS, LLCEIN 45-0634823Plan #001PY 2024

1 GARRET MOUNTAIN PLAZA, SUITE 502 - WOODLAND PARK, NJ 07424201-252-8700bcdhealth.comLinkedIn51-200 employees

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$17.3M

-0.6% from 2023

Total participants

176

+4.8% from 2023

Average account balance

$98,777

-6.9% from 2023

Annual return

11.07%

-5.64 pp from 2023

Benchmarks

See 5,993 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,993 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.29M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

175

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+11.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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 4 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$4,763
DUNBAR, BENDER & ZAPF, INC.1 year Filed as: DUNBAR BENDER & ZAPF INC Service code 13 · EIN 25-1650062 400 HOLIDAY DR STE 102 · PITTSBURGH, PA 15220	Contract Administrator	$875
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN Service code 64 · EIN 82-4555287 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$463
ADP BROKER-DEALER5 years Service code 59 · EIN 22-3319984	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2J2F2G3D2T3B

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5K

$38 / participant

Recordkeeping$5K100.0%

% of EOY assets

0.030%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANCHECK(K) CPA'S LLC
Auditor EIN: 842614035
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,777

$55,470+78.1%

$155,556-36.5%

$74,478+32.6%

Participation rate

99.2%

61.9%+37.3pp

78.2%+21.0pp

67.2%+32.0pp

Annual return

11.07%

269.80%-258.7pp

64.84%-53.8pp

1370.56%-1359.5pp

Employer contribution / active EE

$6,130

$2,267+170.5%

$4,675+31.1%

$2,626+133.4%

Participant deferral / active EE

$6,028

$2,838+112.4%

$5,631+7.1%

$4,350+38.6%

Admin fee / account holder

$29

$1,744-98.3%

$15,885-99.8%

$1,946-98.5%

Provider

Service type

Compensation

ADP BROKER-DEALER5 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$4,763

DUNBAR, BENDER & ZAPF, INC.1 year

Filed as: DUNBAR BENDER & ZAPF INC

Service code 13 · EIN 25-1650062

400 HOLIDAY DR STE 102 · PITTSBURGH, PA 15220

Contract Administrator

$875

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN

Service code 64 · EIN 82-4555287

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$463

ADP BROKER-DEALER5 years

Service code 59 · EIN 22-3319984

Shareholder Servicing

BCD HEALTH PARTNERS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BCD HEALTH PARTNERS, LLC 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