Retirement plan

ROYAL MAJESTY HOME CARE, INC. 401(K) PROFIT SHARING PLAN

Name: ROYAL MAJESTY HOME CARE, INC. - ROYAL MAJESTY HOME CARE, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: ROYAL MAJESTY HOME CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROYAL MAJESTY HOME CARE, INC. 401(K) PROFIT SHARING PLAN, ROYAL MAJESTY HOME CARE, INC.

ROYAL MAJESTY HOME CARE, INC.EIN 46-0475893Plan #003PY 2018

3750 SCHAUFELE AVENUE, SUITE 225 - LONG BEACH, CA 90808562-492-9600royalmajestyhomecare.comLinkedIn51-200 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement--

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$937K

+10.7% from 2017

Total participants

+17.9% from 2017

Average account balance

$12,325

-21.4% from 2017

Annual return

-1.89%

-18.34 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.50M

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.

202.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$124K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+8.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1793

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$14K

$260 / participant

Other / not subdivided$14K100.0%

% of EOY assets

1.498%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,325

$75,962-83.8%

$154,108-92.0%

$64,173-80.8%

Participation rate

94.4%

70.4%+24.0pp

83.0%+11.4pp

69.6%+24.9pp

Annual return

-1.89%

30.32%-32.2pp

735.21%-737.1pp

7.63%-9.5pp

Employer contribution / active EE

$1,276

$3,350-61.9%

$5,298-75.9%

$2,381-46.4%

Participant deferral / active EE

$941

$3,175-70.3%

$5,081-81.5%

$3,470-72.9%

Admin fee / account holder

$185

$5,589-96.7%

$13,411-98.6%

$4,887-96.2%

ROYAL MAJESTY HOME CARE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROYAL MAJESTY HOME CARE, INC. 401(K) PROFIT SHARING 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