Retirement plan

ASIAN PACIFIC HEALTH CARE VENTURE, INC. 401(K) PLAN

Name: ASIAN PACIFIC HEALTH CARE VENTURE, INC. - ASIAN PACIFIC HEALTH CARE VENTURE, INC. 401(K) PLAN (2022) Form 5500
Creator: ASIAN PACIFIC HEALTH CARE VENTURE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASIAN PACIFIC HEALTH CARE VENTURE, INC. 401(K) PLAN, ASIAN PACIFIC HEALTH CARE VENTURE, INC.

ASIAN PACIFIC HEALTH CARE VENTURE, INC.EIN 95-4177752Plan #001PY 2022

4216 FOUNTAIN AVE - LOS ANGELES, CA 90029323-644-3880aphcv.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$11.2M

-18.2% from 2021

Total participants

280

+2.6% from 2021

Average account balance

$39,847

-20.2% from 2021

Annual return

-22.72%

-37.87 pp from 2021

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.95M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

326

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.

91.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+19.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
RESOURCES INVESTMENT ADVISORS LLC2 years Service code 27 · EIN 43-1451524	Advisory (Plan)	$12,956
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	$2,400

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$17K

$89 / participant

Investment mgmt$2K9.8%
Other / not subdivided$15K90.2%

% of EOY assets

0.153%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEINBERG&CO
Auditor EIN: 650386288
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,847

$65,083-38.8%

$143,788-72.3%

$66,930-40.5%

Participation rate

100.0%

65.2%+34.8pp

80.3%+19.7pp

69.8%+30.2pp

Annual return

-22.72%

-11.13%-11.6pp

-0.03%-22.7pp

1.57%-24.3pp

Employer contribution / active EE

$1,290

$2,361-45.4%

$4,952-73.9%

$2,545-49.3%

Participant deferral / active EE

$3,935

$2,920+34.8%

$5,638-30.2%

$4,238-7.2%

Admin fee / account holder

$61

$502-87.9%

$14,675-99.6%

$593-89.8%

Provider

Service type

Compensation

RESOURCES INVESTMENT ADVISORS LLC2 years

Service code 27 · EIN 43-1451524

Advisory (Plan)

$12,956

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

$2,400

ASIAN PACIFIC HEALTH CARE VENTURE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASIAN PACIFIC HEALTH CARE VENTURE, 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