Retirement plan

HEARTLAND DENTAL 401K AND STOCK PARTICIPATION PLAN

Name: HEARTLAND DENTAL, LLC - HEARTLAND DENTAL 401K AND STOCK PARTICIPATION PLAN (2020) Form 5500
Creator: HEARTLAND DENTAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEARTLAND DENTAL 401K AND STOCK PARTICIPATION PLAN, HEARTLAND DENTAL, LLC

HEARTLAND DENTAL, LLCEIN 01-0854205Plan #001PY 2020

1200 NETWORK CENTRE DRIVE - EFFINGHAM, IL 62401217-540-5100heartland.comLinkedIn10001+ employeeshospital & health care

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$653.6M

-10.0% from 2016

Total participants

16,996

-14.7% from 2016

Average account balance

$40,387

+16.3% from 2016

Annual return

16.83%

-10.49 pp from 2016

Benchmarks

See 228 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort228 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.14B

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

27,330

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88.85M

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

+13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$47

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 3 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.1 year Filed as: THE VANGUARD GROUP Service code 15 · EIN 23-1945930	Recordkeeping	$1,105,201
THE VANGUARD GROUP, INC.6+ years Service code 60	Sub-TA Fees	$0
THE VANGUARD GROUP, INC.1 year Filed as: VANGUARD GROUP, INC Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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 employer contribution
Employer contribution per participant 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

$1.1M

$91 / participant

Investment mgmt$1M100.0%

% of EOY assets

0.169%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,387

$66,513-39.3%

$178,510-77.4%

$106,273-62.0%

Participation rate

93.3%

73.8%+19.5pp

81.9%+11.4pp

70.8%+22.5pp

Annual return

16.83%

21.81%-5.0pp

151.13%-134.3pp

21.70%-4.9pp

Employer contribution / active EE

$11

$1,776-99.4%

$5,011-99.8%

$2,722-99.6%

Participant deferral / active EE

$2,936

$3,679-20.2%

$5,202-43.6%

$4,601-36.2%

Admin fee / account holder

$68

$53+27.7%

$13,988-99.5%

$78-12.9%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.1 year

Filed as: THE VANGUARD GROUP

Service code 15 · EIN 23-1945930

Recordkeeping

$1,105,201

THE VANGUARD GROUP, INC.6+ years

Service code 60

Sub-TA Fees

THE VANGUARD GROUP, INC.1 year

Filed as: VANGUARD GROUP, INC

Service code 60

Sub-TA Fees

HEARTLAND DENTAL 401K AND STOCK PARTICIPATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEARTLAND DENTAL 401K AND STOCK PARTICIPATION 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