Retirement plan

NHBAC 401(K) PLAN

Name: NEVADA HEALTH AND BIOSCIENCE ASSET CORPORATION - NHBAC 401(K) PLAN (2024) Form 5500
Creator: NEVADA HEALTH AND BIOSCIENCE ASSET CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NHBAC 401(K) PLAN, NEVADA HEALTH AND BIOSCIENCE ASSET CORPORATION

NEVADA HEALTH AND BIOSCIENCE ASSET CORPORATIONEIN 84-3753195Plan #001PY 2024

1930 VILLAGE CENTER CIRCLE, 3-805 - LAS VEGAS, NV 89134702-287-3628

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$81K

+190.4% from 2023

Total participants

-33.3% from 2023

Average account balance

$40,328

+335.7% from 2023

Annual return

69.42%

+69.42 pp from 2023

Benchmarks

See 49,898 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,898 peers

Snapshot2024

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

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

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 codes2E2J2F2G3D

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

$18K

$17905 / participant

Other / not subdivided$18K100.0%

% of EOY assets

22.199%

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

$40,328

$88,778-54.6%

$81,844-50.7%

$145,884-72.4%

Participation rate

100.0%

75.1%+24.9pp

72.4%+27.6pp

80.3%+19.7pp

Annual return

69.42%

1033.03%-963.6pp

778.87%-709.5pp

551.85%-482.4pp

Employer contribution / active EE

$13,123

$3,087+325.1%

$2,916+350.0%

$4,662+181.5%

Participant deferral / active EE

$38,252

$4,648+722.9%

$4,323+784.8%

$6,690+471.8%

Admin fee / account holder

$8,953

$8,430+6.2%

$7,355+21.7%

$13,392-33.1%

NHBAC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NHBAC 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