Retirement plan

EMBASSY HEALTHCARE MANAGEMENT, INC. SAVINGS & INVESTMENT PLAN

Name: EMBASSY HEALTHCARE MANAGEMENT, INC. - EMBASSY HEALTHCARE MANAGEMENT, INC. SAVINGS & INVESTMENT PLAN (2022) Form 5500
Creator: EMBASSY HEALTHCARE MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMBASSY HEALTHCARE MANAGEMENT, INC. SAVINGS & INVESTMENT PLAN, EMBASSY HEALTHCARE MANAGEMENT, INC.

EMBASSY HEALTHCARE MANAGEMENT, INC.EIN 46-1578102Plan #001PY 2022

25201 CHAGRIN BLVD., SUITE 190 - BEACHWOOD, OH 44122216-378-2050embassyhealthcare.netLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.5M

No prior year

Total participants

1,931

No prior year

Average account balance

$1,806

No prior year

Annual return

-13.84%

No prior year

Benchmarks

See 3,875 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,875 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.88M

Not enough data

1 years with asset history on file

Average account balance

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

$4K

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.

1,717

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.

12.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$338

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

+38.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48

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

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 codes2E2F2G2J3D

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.
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.
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

$25K

$64 / participant

Investment mgmt$4K16.4%
Contract admin$18K73.5%
Other / not subdivided$3K10.1%

% of EOY assets

0.719%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HW&CO.
Auditor EIN: 341663157
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,806

$46,332-96.1%

$143,797-98.7%

$64,824-97.2%

Participation rate

100.0%

64.2%+35.8pp

80.3%+19.7pp

71.5%+28.5pp

Annual return

-13.84%

-10.05%-3.8pp

-0.04%-13.8pp

32.84%-46.7pp

Employer contribution / active EE

$1,911-100.0%

$4,952-100.0%

$2,507-100.0%

Participant deferral / active EE

$2,284

$2,647-13.7%

$5,638-59.5%

$4,311-47.0%

Admin fee / account holder

$13

$154-91.6%

$14,679-99.9%

$188-93.1%

EMBASSY HEALTHCARE MANAGEMENT, INC. SAVINGS & INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMBASSY HEALTHCARE MANAGEMENT, INC. SAVINGS & INVESTMENT 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