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 (2019) 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 2019

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

Other plans on this EIN

1 filing

#003Retirement-$2.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.5M

+20.2% from 2018

Total participants

-13.7% from 2018

Average account balance

$146,953

+39.4% from 2018

Annual return

19.03%

+19.91 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

$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

$187K

$4914 / participant

Other / not subdivided$187K100.0%

% of EOY assets

2.888%

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

$146,953

$85,171+72.5%

$172,753-14.9%

$72,976+101.4%

Participation rate

100.0%

70.1%+29.9pp

82.6%+17.4pp

69.5%+30.5pp

Annual return

19.03%

27.32%-8.3pp

803.00%-784.0pp

81.02%-62.0pp

Employer contribution / active EE

$1,948

$3,324-41.4%

$5,144-62.1%

$2,440-20.2%

Participant deferral / active EE

$4,683

$3,260+43.6%

$5,198-9.9%

$3,608+29.8%

Admin fee / account holder

$4,244

$5,880-27.8%

$13,956-69.6%

$5,124-17.2%

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