Retirement plan

CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST

Name: CREARE LLC - CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST (2017) 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 2017

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.8M

+26.6% from 2016

Total participants

181

+11.0% from 2016

Average account balance

$147,831

+14.0% from 2016

Annual return

22.45%

+14.44 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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 NETWORK3+ years Service code 27 29 SAWYER RD · WALTHAM, MA 024533483	Advisory (Plan)	$47,192
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT COM Service code 49 333 SOUTH HOPE ST · LOS ANGELES, CA 90071	Other Services	$175
THIRD PARTY ADMINISTRATORS, INC.2 years Filed as: THIRD PARTY ADMINISTRATORS, INC Service code 13 2 EXECUTIVE PARK DRIVE, SUITE 100 · BEDFORD, NH 031106915	Contract Administrator	$150

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

$48K

$317 / participant

Contract admin$48K100.0%

% of EOY assets

0.178%

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

$147,831

$64,909+127.8%

$82,312+79.6%

$62,293+137.3%

Participation rate

100.0%

74.9%+25.1pp

76.9%+23.1pp

69.5%+30.5pp

Annual return

22.45%

21.18%+1.3pp

25.88%-3.4pp

28.90%-6.4pp

Employer contribution / active EE

$3,121

$1,676+86.2%

$2,428+28.5%

$2,042+52.8%

Participant deferral / active EE

$9,550

$3,103+207.7%

$3,706+157.7%

$3,169+201.3%

Admin fee / account holder

$263

$440-40.2%

$5,608-95.3%

$479-45.2%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK3+ years

Service code 27

29 SAWYER RD · WALTHAM, MA 024533483

Advisory (Plan)

$47,192

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT COM

Service code 49

333 SOUTH HOPE ST · LOS ANGELES, CA 90071

Other Services

$175

THIRD PARTY ADMINISTRATORS, INC.2 years

Filed as: THIRD PARTY ADMINISTRATORS, INC

Service code 13

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

Contract Administrator

$150

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