Retirement plan

ALL HEART HOME CARE AGENCY, INC. 401(K) PLAN

Name: ALL HEART HOME CARE AGENCY, INC. - ALL HEART HOME CARE AGENCY, INC. 401(K) PLAN (2020) Form 5500
Creator: ALL HEART HOME CARE AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALL HEART HOME CARE AGENCY, INC. 401(K) PLAN, ALL HEART HOME CARE AGENCY, INC.

ALL HEART HOME CARE AGENCY, INC.EIN 46-0849637Plan #001PY 2020

1660 EAST 14TH STREET 2ND FLOOR - BROOKLYN, NY 11229718-627-0300allheartcare.comLinkedIn501-1000 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement--

Prospect flagsLow participationLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.5M

+278.4% from 2019

Total participants

1,204

+52.4% from 2019

Average account balance

$2,641

+428.1% from 2019

Annual return

236.19%

+231.86 pp from 2019

Benchmarks

See 1,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,342 peers

Snapshot2020

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)

$16K

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.

176

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.

19.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$276K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$353

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

+14.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$253

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 6 by compensation

Provider	Service type	Compensation
PAPILLON PRINTING, LLC1 year Filed as: PAPILLON HOSPITALITY LLC Service code 13 · EIN 81-5183995	Contract Administrator	$19,500
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$18,824
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE & ANNU INS CO OF NY Service code 64 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$16,526
ORENDA RETIREMENT, LLC1 year Filed as: ORENDA RETIREMENT LLC Service code 13 · EIN 36-4877979	Contract Administrator	$8,189
BOON ADMINISTRATIVE SERVICES INC6+ years Filed as: BOON ADMINISTRATIVE SERVICES, INC. Service code 13 6300 BRIDGEPORT PKWY · AUSTIN, TX 78730	Contract Administrator	$4,038
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA ADVSIORY SERVICES LLC Service code 27 5707 SW PKWY BLDG 2 STE 400 · AUSTIN, TX 78735	Advisory (Plan)	$1,346

Plan features & details

Pension benefit codes2E2T3H2F2G3D

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.
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

5 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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$43K

$36 / participant

Contract admin$43K100.0%

% of EOY assets

2.885%

all-in expense ratio

Categories reported

1 / 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: BAS PARTNERS, D/B/A A. PORTER CPA
Auditor EIN: 208779390
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$2,641

$56,095-95.3%

$178,498-98.5%

$90,274-97.1%

Participation rate

46.8%

65.6%-18.7pp

81.9%-35.1pp

73.4%-26.5pp

Annual return

236.19%

28.81%+207.4pp

151.09%+85.1pp

53.97%+182.2pp

Employer contribution / active EE

$69

$1,572-95.6%

$5,011-98.6%

$2,523-97.3%

Participant deferral / active EE

$149

$2,669-94.4%

$5,202-97.1%

$4,231-96.5%

Admin fee / account holder

$76

$101-24.3%

$13,985-99.5%

$114-33.2%

Provider

Service type

Compensation

PAPILLON PRINTING, LLC1 year

Filed as: PAPILLON HOSPITALITY LLC

Service code 13 · EIN 81-5183995

Contract Administrator

$19,500

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$18,824

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE & ANNU INS CO OF NY

Service code 64

8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$16,526

ORENDA RETIREMENT, LLC1 year

Filed as: ORENDA RETIREMENT LLC

Service code 13 · EIN 36-4877979

Contract Administrator

$8,189

BOON ADMINISTRATIVE SERVICES INC6+ years

Filed as: BOON ADMINISTRATIVE SERVICES, INC.

Service code 13

6300 BRIDGEPORT PKWY · AUSTIN, TX 78730

Contract Administrator

$4,038

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA ADVSIORY SERVICES LLC

Service code 27

5707 SW PKWY BLDG 2 STE 400 · AUSTIN, TX 78735

Advisory (Plan)

$1,346

ALL HEART HOME CARE AGENCY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALL HEART HOME CARE AGENCY, 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