Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NUTRITION & SERVICES FOR SENIORS, INC.

Name: NUTRITION & SERVICES FOR SENIO - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NUTRITION & SERVICES FOR SENIORS, INC. (2022) Form 5500
Creator: NUTRITION & SERVICES FOR SENIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NUTRITION & SERVICES FOR SENIORS, INC., NUTRITION & SERVICES FOR SENIO

NUTRITION & SERVICES FOR SENIOEIN 76-0074137Plan #001PY 2022

4590 CONCORD RD - BEAUMONT, TX 777031806409-892-4455LinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

-3.8% from 2021

Total participants

+1.9% from 2021

Average account balance

$22,478

-1.9% from 2021

Annual return

-18.27%

-44.46 pp from 2021

Benchmarks

See 19,709 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,709 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.13M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

64.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$107K

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

+15.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12297

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 codes2F2G2S2T3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$25K

$579 / participant

Other / not subdivided$25K100.0%

% of EOY assets

2.313%

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

$22,478

$73,839-69.6%

$143,788-84.4%

$68,495-67.2%

Participation rate

88.6%

66.7%+22.0pp

80.3%+8.3pp

67.9%+20.7pp

Annual return

-18.27%

1.01%-19.3pp

-0.03%-18.2pp

-7.84%-10.4pp

Employer contribution / active EE

$1,136

$3,184-64.3%

$4,952-77.1%

$2,596-56.3%

Participant deferral / active EE

$3,194

$3,384-5.6%

$5,638-43.4%

$4,028-20.7%

Admin fee / account holder

$520

$5,755-91.0%

$14,675-96.5%

$5,403-90.4%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NUTRITION & SERVICES FOR SENIORS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NUTRITION & SERVICES FOR SENIORS, INC.

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