Retirement plan

DELAWARE HOSPICE, INC. 403(B) RETIREMENT PLAN

Name: DELAWARE HOSPICE, INC. - DELAWARE HOSPICE, INC. 403(B) RETIREMENT PLAN (2024) Form 5500
Creator: DELAWARE HOSPICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DELAWARE HOSPICE, INC. 403(B) RETIREMENT PLAN, DELAWARE HOSPICE, INC.

DELAWARE HOSPICE, INC.EIN 51-0258883Plan #001PY 2024

630 CHURCHMANS ROAD, SUITE 200 - NEWARK, DE 19702302-478-5707delawarehospice.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$14M

+24.1% from 2022

Total participants

346

-25.1% from 2022

Average account balance

$41,731

+29.6% from 2022

Annual return

10.94%

+22.51 pp from 2022

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.02M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

336

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$216

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

Top 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL LIFE INSURACE COMPANY Service code 13 · EIN 42-0127290	Contract Administrator	$45,102
AVENUE ONE ADVISORS6 years Service code 27 · EIN 83-1838623	Advisory (Plan)	$27,623
LIMESTONE PENSION ASSOCIATES, LLC1 year Filed as: LIMESTONE PENSION ASSOCIATES LLC Service code 13 · EIN 51-0383217	Contract Administrator	$5,079

Plan features & details

Pension benefit codes2A2E2F2G2H2M3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$73K

$289 / participant

Investment mgmt$20K27.1%
Contract admin$45K62.0%
Other / not subdivided$8K10.9%

% of EOY assets

0.519%

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: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,731

$50,902-18.0%

$155,534-73.2%

$77,736-46.3%

Participation rate

96.0%

63.1%+32.9pp

78.2%+17.8pp

70.6%+25.4pp

Annual return

10.94%

34.85%-23.9pp

64.92%-54.0pp

31.26%-20.3pp

Employer contribution / active EE

$1,876

$1,991-5.8%

$4,675-59.9%

$2,728-31.2%

Participant deferral / active EE

$4,473

$2,824+58.4%

$5,630-20.6%

$4,651-3.8%

Admin fee / account holder

$216

$437-50.5%

$15,900-98.6%

$433-50.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL LIFE INSURACE COMPANY

Service code 13 · EIN 42-0127290

Contract Administrator

$45,102

AVENUE ONE ADVISORS6 years

Service code 27 · EIN 83-1838623

Advisory (Plan)

$27,623

LIMESTONE PENSION ASSOCIATES, LLC1 year

Filed as: LIMESTONE PENSION ASSOCIATES LLC

Service code 13 · EIN 51-0383217

Contract Administrator

$5,079

DELAWARE HOSPICE, INC. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DELAWARE HOSPICE, INC. 403(B) 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