Retirement plan

EMPLOYEE BENEFIT PLAN OF NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC.

Name: NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC. - EMPLOYEE BENEFIT PLAN OF NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC. (2019) Form 5500
Creator: NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC., NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC.

NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC.EIN 52-1007666Plan #002PY 2019

25 E 20TH ST STE 170 - BALTIMORE, MD 212186038410-327-1200

Prospect flagsLow returnsHigh feesLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$597K

-17.2% from 2018

Total participants

0.0% from 2018

Average account balance

$28,417

-17.2% from 2018

Annual return

-1.09%

-8.65 pp from 2018

Benchmarks

See 104,301 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,301 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.49M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

103.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$195K

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

+17.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4457

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 codes2F2G2T

Plan features

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.
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.

Opportunity flags

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return 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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$212K

$11171 / participant

Other / not subdivided$212K100.0%

% of EOY assets

35.566%

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

$28,417

$202,342-86.0%

$172,753-83.6%

$152,909-81.4%

Participation rate

94.7%

87.1%+7.7pp

82.6%+12.1pp

82.5%+12.3pp

Annual return

-1.09%

1029.88%-1031.0pp

803.00%-804.1pp

345.46%-346.6pp

Employer contribution / active EE

$2,716

$5,857-53.6%

$5,144-47.2%

$4,764-43.0%

Participant deferral / active EE

$2,328

$5,948-60.9%

$5,198-55.2%

$5,851-60.2%

Admin fee / account holder

$10,107

$17,112-40.9%

$13,956-27.6%

$11,601-12.9%

EMPLOYEE BENEFIT PLAN OF NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF NEIGHBORHOOD HOUSING SERVICES OF BALTIMORE, INC.

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