Retirement plan

HEAD2HEAD 401(K) PLAN

Name: HEAD2HEAD. INC. DBA HOME INSTEAD SENIOR CARE - HEAD2HEAD 401(K) PLAN (2019) Form 5500
Creator: HEAD2HEAD. INC. DBA HOME INSTEAD SENIOR CARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEAD2HEAD 401(K) PLAN, HEAD2HEAD. INC. DBA HOME INSTEAD SENIOR CARE

HEAD2HEAD. INC. DBA HOME INSTEAD SENIOR CAREEIN 45-2017538Plan #001PY 2019

6349 PETERS CREEK ROAD - ROANOKE, VA 24019540-966-3399

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$361K

+78.1% from 2018

Total participants

129

+21.7% from 2018

Average account balance

$5,823

+40.7% from 2018

Annual return

17.68%

+31.33 pp from 2018

Benchmarks

See 5,341 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,341 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.41M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

76.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$194K

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

+9.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1737

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE3 years Service code 64 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$5,391
GOLDLEAF PARTNERS3 years Service code 13 8009 34TH AVE S., SUITE 320 · MINNEAPOLIS, MN 55425	Contract Administrator	$3,177
FIRST CITIZENS BANK & TRUST COMPANY3 years Filed as: FIRST CITIZENS INVESTOR SERVICE Service code 26 4300 SIX FORKS RD · RALEIGH, NC 27609	Advisory (Participants)	$1,246
MORNINGSTAR3 years Filed as: MORNINGSTAR ASSOCIATES LLC Service code 26 5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674	Advisory (Participants)	$20

Plan features & details

Pension benefit codes2E2J2K2F2G2T3D3H

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: FOTI, FLYNN, LOWEN & CO. PC
Auditor EIN: 208087076
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,823

$52,967-89.0%

$172,753-96.6%

$65,186-91.1%

Participation rate

40.7%

66.2%-25.5pp

82.6%-41.9pp

70.2%-29.5pp

Annual return

17.68%

30.12%-12.4pp

803.00%-785.3pp

29.39%-11.7pp

Employer contribution / active EE

$419

$2,190-80.9%

$5,144-91.8%

$2,177-80.7%

Participant deferral / active EE

$921

$2,471-62.7%

$5,198-82.3%

$3,514-73.8%

Admin fee / account holder

$472-100.0%

$13,956-100.0%

$847-100.0%

Provider

Service type

Compensation

NATIONWIDE3 years

Service code 64

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$5,391

GOLDLEAF PARTNERS3 years

Service code 13

8009 34TH AVE S., SUITE 320 · MINNEAPOLIS, MN 55425

Contract Administrator

$3,177

FIRST CITIZENS BANK & TRUST COMPANY3 years

Filed as: FIRST CITIZENS INVESTOR SERVICE

Service code 26

4300 SIX FORKS RD · RALEIGH, NC 27609

Advisory (Participants)

$1,246

MORNINGSTAR3 years

Filed as: MORNINGSTAR ASSOCIATES LLC

Service code 26

5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674

Advisory (Participants)

$20

HEAD2HEAD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEAD2HEAD 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