Retirement plan

CARING HANDS ANIMAL HOSPITAL 401(K) PLAN

Name: CARING HANDS ANIMAL HOSPITAL, INC. - CARING HANDS ANIMAL HOSPITAL 401(K) PLAN (2017) Form 5500
Creator: CARING HANDS ANIMAL HOSPITAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARING HANDS ANIMAL HOSPITAL 401(K) PLAN, CARING HANDS ANIMAL HOSPITAL, INC.

CARING HANDS ANIMAL HOSPITAL, INC.EIN 54-1824551Plan #001PY 2017

5675 STONE ROAD, STE 240 - CENTREVILLE, VA 20120571-321-1860caringhandsvet.comLinkedIn51-200 employeesveterinary

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.8M

+27.2% from 2016

Total participants

201

+6.3% from 2016

Average account balance

$32,294

+21.2% from 2016

Annual return

21.81%

+15.39 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.58M

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$545K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+4.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 2 by compensation

Provider	Service type	Compensation
UNIGLOBAL PENSION PLANNING, INC.1 year Service code 13 10432 BALLS FORD RD · MANASSAS, VA 20109	Contract Administrator	$2,050
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MGMT CO., INC. Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$913

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$787

$5 / participant

Contract admin$787100.0%

% of EOY assets

0.016%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: FREYBERGHINKLEASHLANDPOWERS&STOWELL
Auditor EIN: 391531945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,294

$80,753-60.0%

$136,297-76.3%

$62,293-48.2%

Participation rate

64.6%

73.5%-9.0pp

81.9%-17.3pp

69.5%-4.9pp

Annual return

21.81%

35.83%-14.0pp

5156.16%-5134.4pp

28.90%-7.1pp

Employer contribution / active EE

$1,310

$2,884-54.6%

$4,696-72.1%

$2,042-35.8%

Participant deferral / active EE

$2,654

$5,164-48.6%

$6,247-57.5%

$3,169-16.3%

Admin fee / account holder

$525-99.0%

$9,244-99.9%

$479-98.9%

Provider

Service type

Compensation

UNIGLOBAL PENSION PLANNING, INC.1 year

Service code 13

10432 BALLS FORD RD · MANASSAS, VA 20109

Contract Administrator

$2,050

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MGMT CO., INC.

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$913

CARING HANDS ANIMAL HOSPITAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARING HANDS ANIMAL HOSPITAL 401(K) 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