Retirement plan

HUMAN SERVICES PROGRAMS OF CAR 401 K PROFIT SHARING PLAN TRUST

Name: HUMAN SERVICES PROGRAMS OF CAR - HUMAN SERVICES PROGRAMS OF CAR 401 K PROFIT SHARING PLAN TRUST (2016) Form 5500
Creator: HUMAN SERVICES PROGRAMS OF CAR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUMAN SERVICES PROGRAMS OF CAR 401 K PROFIT SHARING PLAN TRUST, HUMAN SERVICES PROGRAMS OF CAR

HUMAN SERVICES PROGRAMS OF CAREIN 52-1549551Plan #003PY 2016

10 DISTILLERY RD. STE G1 PO BO - WESTMINSTER, MD 21157410-386-6622hspinc.orgLinkedIn51-200 employeesgovernment administration

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.1M

+2.0% from 2015

Total participants

115

+15.0% from 2015

Average account balance

$14,078

+8.3% from 2015

Annual return

7.14%

-0.72 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.36M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

136.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$172K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3001

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 codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$170K

$2078 / participant

Other / not subdivided$170K100.0%

% of EOY assets

14.944%

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

$14,078

$77,638-81.9%

$156,551-91.0%

$62,881-77.6%

Participation rate

58.5%

71.2%-12.7pp

84.0%-25.5pp

69.3%-10.8pp

Annual return

7.14%

50.33%-43.2pp

32.23%-25.1pp

20.14%-13.0pp

Employer contribution / active EE

$505

$3,444-85.3%

$5,501-90.8%

$2,281-77.9%

Participant deferral / active EE

$826

$3,046-72.9%

$4,871-83.0%

$3,203-74.2%

Admin fee / account holder

$2,104

$5,561-62.2%

$13,028-83.9%

$4,296-51.0%

HUMAN SERVICES PROGRAMS OF CAR 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUMAN SERVICES PROGRAMS OF CAR 401 K PROFIT SHARING PLAN TRUST

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