Retirement plan

LEO N. LEVI MEMORIAL HOSPITAL ASSN. 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Name: LEO N. LEVI MEMORIAL HOSPITAL ASSN. - LEO N. LEVI MEMORIAL HOSPITAL ASSN. 401(K) RETIREMENT SAVINGS PLAN AND TRUST (2022) Form 5500
Creator: LEO N. LEVI MEMORIAL HOSPITAL ASSN.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEO N. LEVI MEMORIAL HOSPITAL ASSN. 401(K) RETIREMENT SAVINGS PLAN AND TRUST, LEO N. LEVI MEMORIAL HOSPITAL ASSN.

LEO N. LEVI MEMORIAL HOSPITAL ASSN.EIN 71-0246565Plan #001PY 2022

300 PROSPECT AVENUE - HOT SPRINGS NATIONAL P, AR 719014097800-264-5384LinkedIn1-10 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3M

-18.3% from 2021

Total participants

100

+7.5% from 2021

Average account balance

$30,754

-23.3% from 2021

Annual return

-16.83%

-31.59 pp from 2021

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.02M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$174K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18640

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 codes2E2F2G2J3D

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.
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

$285K

$3853 / participant

Other / not subdivided$285K100.0%

% of EOY assets

9.364%

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

$30,754

$73,863-58.4%

$143,797-78.6%

$68,490-55.1%

Participation rate

98.6%

66.7%+32.0pp

80.3%+18.3pp

67.9%+30.8pp

Annual return

-16.83%

0.91%-17.7pp

-0.04%-16.8pp

-7.85%-9.0pp

Employer contribution / active EE

$1,009

$3,185-68.3%

$4,952-79.6%

$2,597-61.1%

Participant deferral / active EE

$1,991

$3,385-41.2%

$5,638-64.7%

$4,028-50.6%

Admin fee / account holder

$2,880

$5,756-50.0%

$14,679-80.4%

$5,403-46.7%

LEO N. LEVI MEMORIAL HOSPITAL ASSN. 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEO N. LEVI MEMORIAL HOSPITAL ASSN. 401(K) RETIREMENT SAVINGS PLAN AND TRUST

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