Retirement plan

PREMIER HEALTH SERVICES, INC. 401(K) PLAN

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

PREMIER HEALTH SERVICES, INC.EIN 74-3033334Plan #001PY 2021

7600 GEORGIA AVENUE NW, SUITE 323 - WASHINGTON, DC 20012202-723-3060phsdc.netLinkedIn201-500 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$322K

+140.4% from 2020

Total participants

228

-5.4% from 2020

Average account balance

-100.0% from 2020

Annual return

18.46%

+18.46 pp from 2020

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$652K

Not enough data

1 years with asset history on file

Average account balance

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

$6K

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.

110

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.

30.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$654

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

+10.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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
ADP BROKER-DEALER2+ years Filed as: ADP INC Service code 15 · EIN 13-3036745	Recordkeeping	$36,100

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$4K

$19 / participant

Other / not subdivided$4K100.0%

% of EOY assets

1.121%

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: CARON AND BLETZER PLLC
Auditor EIN: 043499945
Audit fees: $3,615
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,172-100.0%

$185,851-100.0%

$79,389-100.0%

Participation rate

0.0%

66.6%-66.6pp

81.7%-81.7pp

70.7%-70.7pp

Annual return

18.46%

19.45%-1.0pp

122.11%-103.6pp

116.89%-98.4pp

Employer contribution / active EE

$2,321-100.0%

$5,168-100.0%

$2,428-100.0%

Participant deferral / active EE

$1,012

$2,788-63.7%

$5,569-81.8%

$4,046-75.0%

Admin fee / account holder

$710-100.0%

$16,245-100.0%

$626-100.0%

Provider

Service type

Compensation

ADP BROKER-DEALER2+ years

Filed as: ADP INC

Service code 15 · EIN 13-3036745

Recordkeeping

$36,100

PREMIER HEALTH SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIER HEALTH SERVICES, INC. 401(K) 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