Retirement plan

HEBREW HOMES HEALTH NETWORK 401K PLAN

Name: HEBREW HOMES HEALTH NETWORK - HEBREW HOMES HEALTH NETWORK 401K PLAN (2021) Form 5500
Creator: HEBREW HOMES HEALTH NETWORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEBREW HOMES HEALTH NETWORK 401K PLAN, HEBREW HOMES HEALTH NETWORK

HEBREW HOMES HEALTH NETWORKEIN 65-1040936Plan #001PY 2021

1800 NE 168TH ST, SUITE 200 - NORTH MIAMI BEACH, FL 33162786-202-2877LinkedIn11-50 employeeshospital & health care

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$5.3M

-16.5% from 2020

Total participants

241

-3.6% from 2020

Average account balance

$27,783

+4.0% from 2020

Annual return

9.75%

-1.67 pp from 2020

Benchmarks

See 18,809 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,809 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.63M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 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

+12.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7341

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

Top 2 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$5,265
ADP BROKER-DEALER7+ years Service code 49 · EIN 22-3319984	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$88 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.099%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RICHARDS MITCHELL & COMPANY PA
Auditor EIN: 464063801
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,783

$95,383-70.9%

$185,837-85.0%

$85,856-67.6%

Participation rate

18.3%

68.8%-50.4pp

81.7%-63.4pp

69.3%-51.0pp

Annual return

9.75%

23.59%-13.8pp

122.08%-112.3pp

318.58%-308.8pp

Employer contribution / active EE

$1,739

$3,313-47.5%

$5,168-66.3%

$2,565-32.2%

Participant deferral / active EE

$6,625

$3,423+93.5%

$5,568+19.0%

$3,952+67.6%

Admin fee / account holder

$27

$7,213-99.6%

$16,241-99.8%

$6,261-99.6%

Provider

Service type

Compensation

ADP BROKER-DEALER2 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$5,265

ADP BROKER-DEALER7+ years

Service code 49 · EIN 22-3319984

Other Services

HEBREW HOMES HEALTH NETWORK 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEBREW HOMES HEALTH NETWORK 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