Retirement plan

SEVEN ACRES JEWISH SENIOR CARE SERVICES RETIREMENT PLAN

Name: SEVEN ACRES JEWISH SENIOR CARE SERVICES, INC. - SEVEN ACRES JEWISH SENIOR CARE SERVICES RETIREMENT PLAN (2017) Form 5500
Creator: SEVEN ACRES JEWISH SENIOR CARE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEVEN ACRES JEWISH SENIOR CARE SERVICES RETIREMENT PLAN, SEVEN ACRES JEWISH SENIOR CARE SERVICES, INC.

SEVEN ACRES JEWISH SENIOR CARE SERVICES, INC.EIN 74-1143086Plan #002PY 2017

6200 N. BRAESWOOD BLVD. - HOUSTON, TX 770747599713-778-5700sevenacres.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$6.6M

+10.1% from 2016

Total participants

484

+2.5% from 2016

Average account balance

$13,904

+7.1% from 2016

Annual return

10.17%

+3.76 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.97M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

332

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.

98.3%

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

$1K

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

+3.53%

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 1 by compensation

Provider	Service type	Compensation
FAYEZ SAROFIM & CO2+ years Filed as: FAYEZ SAROFIM & CO. Service code 27 · EIN 74-1312679	Advisory (Plan)	$27,581

Plan features & details

Pension benefit codes2E2F2G2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$44K

$163 / participant

Other / not subdivided$44K100.0%

% of EOY assets

0.663%

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: MILLER GROSSBARD ADVISORS, LLP
Auditor EIN: 462958029
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,904

$46,173-69.9%

$170,435-91.8%

$69,631-80.0%

Participation rate

97.4%

63.9%+33.5pp

83.6%+13.8pp

70.7%+26.7pp

Annual return

10.17%

21.62%-11.5pp

205.94%-195.8pp

27571.02%-27560.9pp

Employer contribution / active EE

$1,239

$1,610-23.0%

$5,432-77.2%

$2,032-39.0%

Participant deferral / active EE

$2,080-100.0%

$4,939-100.0%

$3,224-100.0%

Admin fee / account holder

$92

$116-20.5%

$13,881-99.3%

$110-16.5%

Provider

Service type

Compensation

FAYEZ SAROFIM & CO2+ years

Filed as: FAYEZ SAROFIM & CO.

Service code 27 · EIN 74-1312679

Advisory (Plan)

$27,581

SEVEN ACRES JEWISH SENIOR CARE SERVICES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEVEN ACRES JEWISH SENIOR CARE SERVICES RETIREMENT 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