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 (2019) 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 2019

10 DISTILLERY RD. STE G1 PO BOX 489 - WESTMINSTER, MD 21157410-386-6622hspinc.orgLinkedIn51-200 employeesgovernment administration

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+26.4% from 2018

Total participants

-25.4% from 2018

Average account balance

$17,138

+65.4% from 2018

Annual return

23.83%

+27.71 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.66M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

149.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$201K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2058

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

Top 1 by compensation

Provider	Service type	Compensation
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Recordkeeping	$6,262

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

1 tripped

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

$9K

$138 / participant

Investment mgmt$3K29.2%
Contract admin$6K70.8%

% of EOY assets

0.759%

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: BROWN SCHULTZ SHERIDAN & FRITZ
Auditor EIN: 251644159
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,138

$85,171-79.9%

$172,752-90.1%

$72,975-76.5%

Participation rate

73.4%

70.1%+3.4pp

82.6%-9.2pp

69.5%+3.9pp

Annual return

23.83%

27.32%-3.5pp

802.97%-779.1pp

81.01%-57.2pp

Employer contribution / active EE

$811

$3,324-75.6%

$5,144-84.2%

$2,440-66.7%

Participant deferral / active EE

$1,022

$3,260-68.6%

$5,198-80.3%

$3,608-71.7%

Admin fee / account holder

$130

$5,880-97.8%

$13,955-99.1%

$5,124-97.5%

Provider

Service type

Compensation

PAYCHEX, INC.1 year

Service code 15 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Recordkeeping

$6,262

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