Retirement plan

CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST

Name: CREARE LLC - CREARE 401(K) SAVINGS AND RETIREMENT PLAN AND TRUST (2019) 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 2019

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$33.8M

+26.7% from 2018

Total participants

187

+2.2% from 2018

Average account balance

$180,731

+24.0% from 2018

Annual return

23.52%

+27.56 pp from 2018

Benchmarks

See 4,276 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,276 peers

Snapshot2019

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 NETWORK1 year Filed as: COMMONWEALTH EQUITY SERVICES LLC Service code 27 29 SAWYER RD · WALTHAM, MA 024533483	Advisory (Plan)	$47,626
THIRD PARTY ADMINISTRATORS, INC.4 years Filed as: THIRD PARTY ADMINISTRATORS, INC Service code 13 2 EXECUTIVE PARK DRIVE, SUITE 100 · BEDFORD, NH 031106915	Contract Administrator	$500
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERV Service code 49 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Other Services	$250

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

$338 / participant

Contract admin$48K100.0%

% of EOY assets

0.143%

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

$180,731

$65,378+176.4%

$87,103+107.5%

$65,186+177.3%

Participation rate

100.0%

75.3%+24.7pp

76.9%+23.1pp

70.2%+29.8pp

Annual return

23.52%

31.28%-7.8pp

28.19%-4.7pp

29.39%-5.9pp

Employer contribution / active EE

$3,541

$1,823+94.3%

$2,521+40.5%

$2,177+62.7%

Participant deferral / active EE

$10,563

$3,389+211.7%

$4,049+160.9%

$3,514+200.6%

Admin fee / account holder

$259

$520-50.2%

$7,491-96.5%

$847-69.5%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK1 year

Filed as: COMMONWEALTH EQUITY SERVICES LLC

Service code 27

29 SAWYER RD · WALTHAM, MA 024533483

Advisory (Plan)

$47,626

THIRD PARTY ADMINISTRATORS, INC.4 years

Filed as: THIRD PARTY ADMINISTRATORS, INC

Service code 13

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

Contract Administrator

$500

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SERV

Service code 49

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Other Services

$250

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