Retirement plan

HILLVIEW MENTAL HEALTH CENTER, INC. 401(K) DEFINED CONTRIBUTION PLAN

Name: HILLVIEW MENTAL HEALTH CENTER, INC. - HILLVIEW MENTAL HEALTH CENTER, INC. 401(K) DEFINED CONTRIBUTION PLAN (2023) Form 5500
Creator: HILLVIEW MENTAL HEALTH CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HILLVIEW MENTAL HEALTH CENTER, INC. 401(K) DEFINED CONTRIBUTION PLAN, HILLVIEW MENTAL HEALTH CENTER, INC.

HILLVIEW MENTAL HEALTH CENTER, INC.EIN 95-3928411Plan #005PY 2023

12450 VAN NUYS BLVD., STE 200 - PACOIMA, CA 913311393818-896-1161LinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#004Retirement-$1.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.6M

+14.0% from 2022

Total participants

101

-13.7% from 2022

Average account balance

$54,118

+34.1% from 2022

Annual return

14.92%

+29.27 pp from 2022

Benchmarks

See 20,797 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,797 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.04M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

126.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$226K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5466

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

Top 2 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY7 years Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201	Recordkeeping	$1,988
MORGAN STANLEY SMITH BARNEY1 year Filed as: J.P. MORGAN SECURITIES LLC Service code 26 · EIN 13-4110995 JPM LOCKBOX 21002 · INDIANAPOLIS, IN 46244	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$21K

$332 / participant

Salaries / allowances$2K9.4%
Contract admin$19K90.6%

% of EOY assets

0.462%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,118

$77,920-30.5%

$149,723-63.9%

$75,177-28.0%

Participation rate

75.0%

65.6%+9.4pp

78.8%-3.8pp

67.2%+7.8pp

Annual return

14.92%

31.72%-16.8pp

134.50%-119.6pp

160.75%-145.8pp

Employer contribution / active EE

$2,243

$3,138-28.5%

$4,821-53.5%

$2,671-16.0%

Participant deferral / active EE

$2,248

$3,411-34.1%

$5,682-60.4%

$4,126-45.5%

Admin fee / account holder

$250

$5,951-95.8%

$13,215-98.1%

$5,651-95.6%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY7 years

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 14201

Recordkeeping

$1,988

MORGAN STANLEY SMITH BARNEY1 year

Filed as: J.P. MORGAN SECURITIES LLC

Service code 26 · EIN 13-4110995

JPM LOCKBOX 21002 · INDIANAPOLIS, IN 46244

Advisory (Participants)

HILLVIEW MENTAL HEALTH CENTER, INC. 401(K) DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HILLVIEW MENTAL HEALTH CENTER, INC. 401(K) DEFINED CONTRIBUTION 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