Retirement plan

CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST

Name: CREARE LLC - CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST (2016) Form 5500
Creator: CREARE LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST, CREARE LLC

CREARE LLCEIN 02-0259551Plan #003PY 2016

16 GREAT HOLLOW ROAD - HANOVER, NH 037553116603-643-3800creare.comLinkedIn51-200 employeesresearch

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$21.1M

+12.1% from 2015

Total participants

163

+7.2% from 2015

Average account balance

$129,643

+4.5% from 2015

Annual return

8.01%

+5.91 pp from 2015

Benchmarks

See 4,221 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,221 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$57.71M

Not enough data

1 years with asset history on file

Average account balance

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

$205K

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.

282

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$245

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK2+ years Service code 27 29 SAWYER RD · WALTHAM, MA 024533483	Advisory (Plan)	$38,640
THIRD PARTY ADMINISTRATORS, INC.1 year Filed as: THIRD PARTY ADMINISTRATORS, INC Service code 13 2 EXECUTIVE PARK DRIVE, SUITE 100 · BEDFORD, NH 031106915	Contract Administrator	$463
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT COM Service code 49 333 SOUTH HOPE ST · LOS ANGELES, CA 90071	Other Services	$325

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$39K

$282 / participant

Contract admin$39K100.0%

% of EOY assets

0.187%

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: TYLER, SIMMS AND ST. SAUVEUR, PC
Auditor EIN: 020476956
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$129,643

$60,165+115.5%

$74,184+74.8%

$55,167+135.0%

Participation rate

100.0%

74.2%+25.8pp

76.6%+23.4pp

69.0%+31.0pp

Annual return

8.01%

10.00%-2.0pp

17.74%-9.7pp

169.23%-161.2pp

Employer contribution / active EE

$3,062

$1,600+91.4%

$2,370+29.2%

$1,963+56.0%

Participant deferral / active EE

$9,083

$2,973+205.6%

$3,550+155.9%

$3,054+197.4%

Admin fee / account holder

$242

$419-42.3%

$5,586-95.7%

$504-51.9%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK2+ years

Service code 27

29 SAWYER RD · WALTHAM, MA 024533483

Advisory (Plan)

$38,640

THIRD PARTY ADMINISTRATORS, INC.1 year

Filed as: THIRD PARTY ADMINISTRATORS, INC

Service code 13

2 EXECUTIVE PARK DRIVE, SUITE 100 · BEDFORD, NH 031106915

Contract Administrator

$463

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT COM

Service code 49

333 SOUTH HOPE ST · LOS ANGELES, CA 90071

Other Services

$325

CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST

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