Health Management Services, Inc.

53
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
53
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (18)
Average in Peer Group (55)
Highest in Peer Group (84)

Plan Description

Health Management Services, Inc. Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 53. Health Management Services, Inc. Pension Plan currently has over 600 active participants and over $11.3M in plan assets.

Did you know?

For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (53) and the top rated plan (84) could equate to:
14
Additional years of work
238,929
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 210 Market Street
  • Location
    Lynn , MA
  • 01901-1003
  • Industry
    Home Health Care Services
  • Administrator
    Jo Mary Koopman
  • Net Plan Assets
    $11,300,000
  • Total Participants
    640
  • Avg Account Balance
    $39,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Average

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Below Avg.
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Investments

Investment Menu Stats

# of Investment Options

29

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Principal Financial Group LifeTime 60%
74%
Principal Fixed Income Non-401(a) 12%
N/A
Fidelity Advisor Value Strategies 3%
75%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Principal Financial Group
Insurance Advisor/Broker
LPL Financial Corp. (NRP)
Insurance Advisor/Broker
The Angell Pension Group, Inc.
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Auditor
Feeley & Driscoll, P.C.

Articles and Questions

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