Retirement plan

SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES

Name: SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K) - SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES (2020) Form 5500
Creator: SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K)
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES, SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K)

SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K)EIN 47-3015201Plan #002PY 2020

6085 STRICKLAND AVE - BROOKLYN, NY 11234718-697-7523LinkedIn11-50 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$80K assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$69K

+84.7% from 2019

Total participants

+21.2% from 2019

Average account balance

$1,189

+59.2% from 2019

Annual return

12.43%

-68.96 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$192K

Not enough data

1 years with asset history on file

Average account balance

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

$2K

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.

154.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$388

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

+9.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$110

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 codes2E2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow participant contribution
Participant 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.

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

$1,189

$91,198-98.7%

$178,503-99.3%

$79,856-98.5%

Participation rate

88.4%

69.2%+19.2pp

81.9%+6.4pp

69.6%+18.7pp

Annual return

12.43%

24.20%-11.8pp

151.12%-138.7pp

31.71%-19.3pp

Employer contribution / active EE

$593

$3,257-81.8%

$5,011-88.2%

$2,471-76.0%

Participant deferral / active EE

$34

$3,237-99.0%

$5,202-99.4%

$3,741-99.1%

Admin fee / account holder

$6,748-100.0%

$13,987-100.0%

$5,306-100.0%

SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SAFIRE REHABILITATION OF NORTHTOWNS, LLC 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion