Retirement plan

HOSPICE FOUNDATION OF GREATER BATON ROUGE 401K PLAN

Name: HOSPICE FOUNDATION OF GREATER BATON ROUGE - HOSPICE FOUNDATION OF GREATER BATON ROUGE 401K PLAN (2024) Form 5500
Creator: HOSPICE FOUNDATION OF GREATER BATON ROUGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOSPICE FOUNDATION OF GREATER BATON ROUGE 401K PLAN, HOSPICE FOUNDATION OF GREATER BATON ROUGE

HOSPICE FOUNDATION OF GREATER BATON ROUGEEIN 58-1613267Plan #001PY 2024

3600 FLORIDA BLVD. - BATON ROUGE, LA 70806225-767-4673

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6M

+14.4% from 2023

Total participants

205

+22.8% from 2023

Average account balance

$29,448

-6.9% from 2023

Annual return

13.01%

-0.85 pp from 2023

Benchmarks

See 6,010 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,010 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.01M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

204

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$502K

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

+13.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$180

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
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Service code 15 · EIN 01-0233346	Recordkeeping	$1,252
WILSHIRE ASSOCIATES INCORPORATED2 years Filed as: WILSHIRE ASSOCIATES Service code 26 · EIN 95-2755361	Advisory (Participants)	$1,081

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$37K

$256 / participant

Investment mgmt$1K3.0%
Contract admin$36K97.0%

% of EOY assets

0.610%

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: HANNIS T. BOURGEOIS, LLP
Auditor EIN: 720636725
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,448

$55,423-46.9%

$155,602-81.1%

$74,400-60.4%

Participation rate

99.3%

61.9%+37.4pp

78.2%+21.1pp

67.2%+32.1pp

Annual return

13.01%

269.07%-256.1pp

64.81%-51.8pp

1367.51%-1354.5pp

Employer contribution / active EE

$1,488

$2,266-34.3%

$4,675-68.2%

$2,624-43.3%

Participant deferral / active EE

$2,024

$2,835-28.6%

$5,629-64.0%

$4,348-53.4%

Admin fee / account holder

$180

$1,744-89.7%

$15,923-98.9%

$1,944-90.8%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Service code 15 · EIN 01-0233346

Recordkeeping

$1,252

WILSHIRE ASSOCIATES INCORPORATED2 years

Filed as: WILSHIRE ASSOCIATES

Service code 26 · EIN 95-2755361

Advisory (Participants)

$1,081

HOSPICE FOUNDATION OF GREATER BATON ROUGE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOSPICE FOUNDATION OF GREATER BATON ROUGE 401K 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