Retirement plan

HOT SPRINGS HEALTH PROGRAM, INC 403(B) PROGRAM FOR ACTIVE EMPLOYEES HIRED BEFORE 01/01/2009

Name: HOT SPRINGS HEALTH PROGRAM, INC. - HOT SPRINGS HEALTH PROGRAM, INC 403(B) PROGRAM FOR ACTIVE EMPLOYEES HIRED BEFORE 01/01/2009 (2016) Form 5500
Creator: HOT SPRINGS HEALTH PROGRAM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOT SPRINGS HEALTH PROGRAM, INC 403(B) PROGRAM FOR ACTIVE EMPLOYEES HIRED BEFORE 01/01/2009, HOT SPRINGS HEALTH PROGRAM, INC.

HOT SPRINGS HEALTH PROGRAM, INC.EIN 56-0986537Plan #002PY 2016

P.O. BOX 69 - MARSHALL, NC 28753828-649-9566LinkedIn51-200 employees

Other plans on this EIN

1 filing

#003Retirement-$1.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.3M

+11.7% from 2015

Total participants

-7.0% from 2015

Average account balance

$97,560

+15.2% from 2015

Annual return

9.29%

+9.11 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

$4.15M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

115.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$170K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21487

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 codes2F2G2L2M2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$202K

$3261 / participant

Other / not subdivided$202K100.0%

% of EOY assets

3.189%

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

$97,560

$77,638+25.7%

$156,551-37.7%

$62,881+55.1%

Participation rate

98.4%

71.2%+27.2pp

84.0%+14.4pp

69.3%+29.1pp

Annual return

9.29%

50.33%-41.0pp

32.23%-22.9pp

20.14%-10.9pp

Employer contribution / active EE

$1,737

$3,444-49.6%

$5,501-68.4%

$2,281-23.9%

Participant deferral / active EE

$3,685

$3,046+21.0%

$4,871-24.4%

$3,203+15.0%

Admin fee / account holder

$3,111

$5,561-44.1%

$13,028-76.1%

$4,296-27.6%

HOT SPRINGS HEALTH PROGRAM, INC 403(B) PROGRAM FOR ACTIVE EMPLOYEES HIRED BEFORE 01/01/2009

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOT SPRINGS HEALTH PROGRAM, INC 403(B) PROGRAM FOR ACTIVE EMPLOYEES HIRED BEFORE 01/01/2009

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