Retirement plan

SENIORS CHOICE CARE MANAGEMENT RETIREMENT PLAN

Name: SENIORS CHOICE CARE MANAGEMENT - SENIORS CHOICE CARE MANAGEMENT RETIREMENT PLAN (2020) Form 5500
Creator: SENIORS CHOICE CARE MANAGEMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SENIORS CHOICE CARE MANAGEMENT RETIREMENT PLAN, SENIORS CHOICE CARE MANAGEMENT

SENIORS CHOICE CARE MANAGEMENTEIN 46-3077260Plan #001PY 2020

424 PELLETT RD - WEBSTER, NY 14580585-944-9010

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$89K

+232.6% from 2019

Total participants

0.0% from 2019

Average account balance

$44,421

+232.6% from 2019

Annual return

61.61%

+61.61 pp from 2019

Benchmarks

See 14,128 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort14,128 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$292K

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$41K

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

+12.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$920

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$305

$76 / participant

Other / not subdivided$305100.0%

% of EOY assets

0.343%

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

$44,421

$109,411-59.4%

$89,435-50.3%

$158,982-72.1%

Participation rate

25.0%

74.3%-49.3pp

68.0%-43.0pp

82.0%-57.0pp

Annual return

61.61%

345.68%-284.1pp

245.55%-183.9pp

302.99%-241.4pp

Employer contribution / active EE

$4,687

$3,173+47.7%

$2,587+81.2%

$4,763-1.6%

Participant deferral / active EE

$6,731

$4,600+46.3%

$3,890+73.0%

$5,983+12.5%

Admin fee / account holder

$153

$6,159-97.5%

$4,884-96.9%

$11,252-98.6%

SENIORS CHOICE CARE MANAGEMENT RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SENIORS CHOICE CARE MANAGEMENT RETIREMENT 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