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Retirement plan

LIFESPAN CORPORATION 401(K) RETIREMENT PLAN

LIFESPAN CORPORATIONEIN 22-2861978Plan #004PY 2016
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167 POINT STREET, SUITE 2A - PROVIDENCE, RI 02903401-444-5265
Other plans on this EIN
3 filings
#002Retirement-$699.7M assets#001Retirement-$472.3M assets#003Retirement-$185.9M assets
Prospect flagsLow participationLow participant contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(401) 444-5265
How to read this page

Summary metrics

Total assets (EOY)
$2.9M
+0.0% from 2016
Total participants
371
+4.3% from 2016
Average account balance
$32,876
-9.2% from 2016
Annual return
5.99%
-4.74 pp from 2016

Benchmarks

See 3,732 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants250-999
Cohort3,732 peers
Snapshot2016
Participant deferral / active EE
$466
median $1,357
Employer contribution / active EE
$0
median $720
Participation rate
20.5%
median 68.4%
Avg account balance
$32,876
median $24,366
Admin fee / account holder
$25
median $44
Annual return
5.99%
median 7.25%
Overall peer rank
36th percentileavg across 6 metrics

Analytics

2015 - 2017
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$33K
Not enough data
2 years with per-participant data
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
88
Not enough data
2 years with headcount on file
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
20.5%
Not enough data
2 years with eligibility data
Contributions (total)
Employer and participant dollars contributed each year
$156K
Contributions per participant
Average employer and participant contribution per enrolled participant
$466
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-86.71%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
Not enough data
2 years with F_SCH_H allocation on file

Service providers

Top 2 by compensation
ProviderService typeCompensation
FIDELITY INV INST OPER COMPANY INC.2+ years
Service code 37 · EIN 04-2647786
Loan Processing
$1,004
STRATEGIC ADVISORS, INC.2+ years
Service code 27 · EIN 04-2654524
Advisory (Plan)
$464

Top hat statement on fileNQDC

Filed September 11, 2012 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2E2F2G2J3H
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.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

  • OpportunityLow participant contribution

    Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II
Admin total
$2K
$6 / participant
  • Other / not subdivided$2K100.0%
% of EOY assets
0.077%
all-in expense ratio
Categories reported
0 / 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
KPMG LLP
Auditor EIN
135565207
Audit fees
(not subdivided)
Opinion code
Disclaimer