Retirement plan

MID-JEFFERSON EXTENDED CARE HOSPITAL 401(K) PLAN AND TRUST

Name: MID-JEFFERSON EXTENDED CARE HOSPITAL - MID-JEFFERSON EXTENDED CARE HOSPITAL 401(K) PLAN AND TRUST (2020) Form 5500
Creator: MID-JEFFERSON EXTENDED CARE HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MID-JEFFERSON EXTENDED CARE HOSPITAL 401(K) PLAN AND TRUST, MID-JEFFERSON EXTENDED CARE HOSPITAL

MID-JEFFERSON EXTENDED CARE HOSPITALEIN 45-2842626Plan #001PY 2020

2600 HWY 365 - NEDERLAND, TX 77627409-726-8706

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$637K

+32.7% from 2019

Total participants

116

-1.7% from 2019

Average account balance

$19,915

-12.9% from 2019

Annual return

6.19%

-11.67 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.19M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

33.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$212K

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

+15.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3579

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 2 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC2 years Filed as: CETERA ADVISORS LLC Service code 26 4600 SYRACUSE STREET · DENVER, CO 80237	Advisory (Participants)	$0
NATIONWIDE3 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$0

Plan features & details

Pension benefit codes2F2G2J3D3H2E2K

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$9K

$75 / participant

Other / not subdivided$9K100.0%

% of EOY assets

1.334%

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: WARREN & BELL CPAS LLC
Auditor EIN: 464136114
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,915

$58,888-66.2%

$178,498-88.8%

$73,493-72.9%

Participation rate

26.3%

66.2%-39.9pp

81.9%-55.6pp

70.7%-44.4pp

Annual return

6.19%

24.86%-18.7pp

151.09%-144.9pp

28.51%-22.3pp

Employer contribution / active EE

$374

$2,236-83.3%

$5,011-92.5%

$2,270-83.5%

Participant deferral / active EE

$1,055

$2,568-58.9%

$5,202-79.7%

$3,740-71.8%

Admin fee / account holder

$266

$400-33.6%

$13,985-98.1%

$513-48.2%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC2 years

Filed as: CETERA ADVISORS LLC

Service code 26

4600 SYRACUSE STREET · DENVER, CO 80237

Advisory (Participants)

NATIONWIDE3 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

MID-JEFFERSON EXTENDED CARE HOSPITAL 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MID-JEFFERSON EXTENDED CARE HOSPITAL 401(K) PLAN AND TRUST

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