Retirement plan

EDEN HC 401(K) PLAN

Name: 239 LEGRIS AVE OPERATIONS, LLC - EDEN HC 401(K) PLAN (2024) Form 5500
Creator: 239 LEGRIS AVE OPERATIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDEN HC 401(K) PLAN, 239 LEGRIS AVE OPERATIONS, LLC

239 LEGRIS AVE OPERATIONS, LLCEIN 82-3615975Plan #001PY 2024

239 LEGRIS AVENUE - WEST WARWICK, RI 02893401-828-9000

Prospect flagsLow returnsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$7.1M

+42.9% from 2022

Total participants

782

+34.1% from 2022

Average account balance

$37,868

+0.8% from 2022

Annual return

10.27%

+14.54 pp from 2022

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.08M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

187

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.

17.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$855K

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

+10.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$183

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 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$43,612
PARK AVENUE SECURITIES LLC1 year Filed as: PARK AVENUE SECURITIES Service code 27 · EIN 13-4023176	Advisory (Plan)	$17,612
THE BENEFIT ADVANTAGE, INC.1 year Filed as: THE BENEFIT ADVANTAGE INC Service code 13 · EIN 38-3254950	Contract Administrator	$6,627
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer 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

$34K

$47 / participant

Contract admin$34K100.0%

% of EOY assets

0.484%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BLATT & DAUMAN, LLP
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,868

$50,919-25.6%

$155,556-75.7%

$77,762-51.3%

Participation rate

17.7%

63.1%-45.4pp

78.2%-60.5pp

70.6%-52.9pp

Annual return

10.27%

34.84%-24.6pp

64.84%-54.6pp

31.27%-21.0pp

Employer contribution / active EE

$247

$1,991-87.6%

$4,675-94.7%

$2,728-91.0%

Participant deferral / active EE

$936

$2,824-66.9%

$5,631-83.4%

$4,651-79.9%

Admin fee / account holder

$183

$437-58.0%

$15,885-98.8%

$433-57.6%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$43,612

PARK AVENUE SECURITIES LLC1 year

Filed as: PARK AVENUE SECURITIES

Service code 27 · EIN 13-4023176

Advisory (Plan)

$17,612

THE BENEFIT ADVANTAGE, INC.1 year

Filed as: THE BENEFIT ADVANTAGE INC

Service code 13 · EIN 38-3254950

Contract Administrator

$6,627

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

EDEN HC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDEN HC 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