Retirement plan

RIGHT AT HOME 401(K) PLAN

Name: SOUTH SHORE ELDER CARE, INC. - RIGHT AT HOME 401(K) PLAN (2017) Form 5500
Creator: SOUTH SHORE ELDER CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIGHT AT HOME 401(K) PLAN, SOUTH SHORE ELDER CARE, INC.

SOUTH SHORE ELDER CARE, INC.EIN 47-3125402Plan #001PY 2017

800 HINGHAM STREET, SUITE 203-5 - ROCKLAND, MA 02370781-681-3545

Prospect flagsLow assets / participantLow participant contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$64K

+525.3% from 2016

Total participants

182

+30.0% from 2016

Average account balance

$398

+268.9% from 2016

Annual return

33.16%

+33.16 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$385K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+8.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
ALPHA PENSION GROUP, INC.1 year Filed as: ALPHA PENSION GROUP Service code 99 · EIN 26-2219855 70 WESTVIEW ST · LEXINGTON, CT 02421	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

3 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.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$2K

$12 / participant

Investment mgmt$2K100.0%

% of EOY assets

2.555%

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: SAMET & COMPANY PC
Auditor EIN: 043027605
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$398

$55,453-99.3%

$170,439-99.8%

$62,293-99.4%

Participation rate

84.4%

66.4%+18.1pp

83.6%+0.8pp

69.5%+14.9pp

Annual return

33.16%

21.38%+11.8pp

205.94%-172.8pp

28.90%+4.3pp

Employer contribution / active EE

$2,164-100.0%

$5,433-100.0%

$2,042-100.0%

Participant deferral / active EE

$376

$2,303-83.7%

$4,939-92.4%

$3,169-88.1%

Admin fee / account holder

$10

$455-97.8%

$13,881-99.9%

$479-97.9%

Provider

Service type

Compensation

ALPHA PENSION GROUP, INC.1 year

Filed as: ALPHA PENSION GROUP

Service code 99 · EIN 26-2219855

70 WESTVIEW ST · LEXINGTON, CT 02421

Other Fees

RIGHT AT HOME 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIGHT AT HOME 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