PlanOptica
Retirement plan

OMNICARE EMPLOYEES SAVINGS AND INVESTMENT PLAN

CVS HEALTH CORPORATIONEIN 05-0494040Plan #028PY 2016
Sign in to saveView 5500 PDF
ONE CVS DRIVE, HR RETIREMENT BENEFITS - WOONSOCKET, RI 02895401-770-5547cvshealth.comLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
5 filings
#017Retirement-$9.44B assets#027Retirement-$623.6M assets#030Retirement-$4.4M assets#024Retirement-$4.3M assets#029Retirement--
Prospect flagsRecently cancelled planLow returnsFailed to transmit contributionsCorrective distributionsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(401) 770-5547
Plan administrator signer
ROBERTA JOHNNENE
Signed 09/15/2017
How to read this page

Summary metrics

Total assets (EOY)
$0
No prior year
Total participants
0
No prior year
Average account balance
$0
No prior year
Annual return
-87.50%
+91.09 pp from 2016

Benchmarks

See 109,096 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants<25
Cohort109,096 peers
Snapshot2016
Participant deferral / active EE
$0
median $4,721
Employer contribution / active EE
$0
median $3,199
Participation rate
0.0%
median 100.0%
Avg account balance
$0
median $94,395
Admin fee / account holder
$0
median $612
Annual return
-87.50%
median 6.47%
Overall peer rank
1st percentileavg across 6 metrics

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

Top 7 by compensation
ProviderService typeCompensation
SCHWAB RETIREMENT PLAN SERVICES2+ years
Service code 15 · EIN 34-1479833
Recordkeeping
$498,042
BUCK CONSULTANTS, LLC1 year
Service code 28 · EIN 13-3954297
Investment Management
$82,928
MORGAN STANLEY2+ years
Service code 28 · EIN 26-4310632
Investment Management
$56,000
CHARLES SCHWAB & CO., INC.2+ years
Service code 33 · EIN 94-1737782
Float revenue; Direct payment from th...
$20,849
PLANTE & MORAN2+ years
Service code 10 · EIN 38-1357951
Accounting
$20,427
CHARLES SCHWAB BANK2+ years
Service code 25 · EIN 42-1558009
Directed Trustee
$10
CHARLES SCHWAB & CO. AND AFFILIATES2+ years
Service code 59
Shareholder Servicing
$0

Plan features & details

Pension benefit codes3H2F2H2J2K2E2R3I2T2P
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).
  • 2H
    Partial participant-directed account plan
    Participants have the opportunity to direct the investment of a portion 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.
  • 2P
    Leveraged ESOP
    Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
  • 3I
    Employer securities investment required
    Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

5 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • ComplianceFailed to transmit contributions

    Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

  • ComplianceCorrective distributions

    Plan reported corrective distributions (failed ADP/ACP testing).

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

  • InformationalRecently cancelled plan

    Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II
Admin total
$669K
  • Investment mgmt$68K10.1%
  • Other / not subdivided$601K89.9%
% of EOY assets
-
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
PLANTE & MORAN, PLLC
Auditor EIN
381357951
Audit fees
(not subdivided)
Opinion code
Disclaimer