Retirement plan

OLDER AMERICAN HOUSING IN SPOTSWOOD, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: OLDER AMERICAN HOUSING IN SPOTSWOOD, INC. - OLDER AMERICAN HOUSING IN SPOTSWOOD, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: OLDER AMERICAN HOUSING IN SPOTSWOOD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OLDER AMERICAN HOUSING IN SPOTSWOOD, INC. 401(K) PROFIT SHARING PLAN AND TRUST, OLDER AMERICAN HOUSING IN SPOTSWOOD, INC.

OLDER AMERICAN HOUSING IN SPOTSWOOD, INC.EIN 52-1809800Plan #001PY 2018

250 CRESCENT AVENUE - SPOTSWOOD, NJ 08884732-251-3242

Prospect flagsHigh feesLow participationLow assets / participant

How to read this page

Total assets (EOY)

$234K

-13.0% from 2017

Total participants

-10.0% from 2017

Average account balance

$26,015

-32.3% from 2017

Annual return

4.42%

-3.37 pp from 2017

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$631K

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

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

+10.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7569

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

3 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.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$84K

$4647 / participant

Other / not subdivided$84K100.0%

% of EOY assets

35.725%

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

$26,015

$180,459-85.6%

$154,108-83.1%

$135,380-80.8%

Participation rate

50.0%

87.4%-37.4pp

83.0%-33.0pp

82.6%-32.6pp

Annual return

4.42%

888.21%-883.8pp

735.21%-730.8pp

519.81%-515.4pp

Employer contribution / active EE

$2,014

$6,035-66.6%

$5,298-62.0%

$4,779-57.9%

Participant deferral / active EE

$5,806-100.0%

$5,081-100.0%

$5,609-100.0%

Admin fee / account holder

$9,294

$16,145-42.4%

$13,411-30.7%

$10,828-14.2%

OLDER AMERICAN HOUSING IN SPOTSWOOD, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OLDER AMERICAN HOUSING IN SPOTSWOOD, INC. 401(K) PROFIT SHARING PLAN AND 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