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 (2022) 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 2022

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

Other plans on this EIN

1 filing

#001Retirement-$84K assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$107K

+54.8% from 2020

Total participants

+12.7% from 2020

Average account balance

$1,525

+28.3% from 2020

Annual return

-18.10%

-30.53 pp from 2020

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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.

Expense breakdown

Schedule H Part II

Admin total

$603

$17 / participant

Other / not subdivided$603100.0%

% of EOY assets

0.565%

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

$1,525

$73,863-97.9%

$143,797-98.9%

$68,490-97.8%

Participation rate

97.1%

66.7%+30.5pp

80.3%+16.8pp

67.9%+29.2pp

Annual return

-18.10%

0.91%-19.0pp

-0.04%-18.1pp

-7.85%-10.2pp

Employer contribution / active EE

$581

$3,185-81.7%

$4,952-88.3%

$2,597-77.6%

Participant deferral / active EE

$88

$3,385-97.4%

$5,638-98.4%

$4,028-97.8%

Admin fee / account holder

$5,756-99.9%

$14,679-99.9%

$5,403-99.8%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

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

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion