Retirement plan

ACCESS REHAB CENTERS, LLC 401(K) PLAN

Name: ACCESS REHAB CENTERS, LLC - ACCESS REHAB CENTERS, LLC 401(K) PLAN (2024) Form 5500
Creator: ACCESS REHAB CENTERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCESS REHAB CENTERS, LLC 401(K) PLAN, ACCESS REHAB CENTERS, LLC

ACCESS REHAB CENTERS, LLCEIN 06-1527429Plan #001PY 2024

22 TOMPKINS STREET - WATERBURY, CT 06708203-419-0381accessrehabcenters.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$16.7M

+30.9% from 2023

Total participants

225

+6.6% from 2023

Average account balance

$122,625

+26.1% from 2023

Annual return

25.80%

+12.18 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.68M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

136

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.

54.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$812K

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

+25.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$579

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 2 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS6 years Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$78,801
KESTRA INVESTMENT SERVICES LLC5 years Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 22 · EIN 74-2794194	Insurance Broker	$46,813

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$79K

$404 / participant

Other / not subdivided$79K100.0%

% of EOY assets

0.473%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PEACH & MCPHERSON CPAS
Auditor EIN: 061190201
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,625

$55,446+121.2%

$155,574-21.2%

$74,429+64.8%

Participation rate

54.4%

61.9%-7.5pp

78.2%-23.9pp

67.2%-12.9pp

Annual return

25.80%

269.20%-243.4pp

64.87%-39.1pp

1368.38%-1342.6pp

Employer contribution / active EE

$972

$2,266-57.1%

$4,676-79.2%

$2,625-63.0%

Participant deferral / active EE

$3,192

$2,836+12.5%

$5,629-43.3%

$4,348-26.6%

Admin fee / account holder

$579

$1,743-66.8%

$15,914-96.4%

$1,944-70.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS6 years

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$78,801

KESTRA INVESTMENT SERVICES LLC5 years

Filed as: KESTRA INVESTMENT SERVICES, LLC

Service code 22 · EIN 74-2794194

Insurance Broker

$46,813

ACCESS REHAB CENTERS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCESS REHAB CENTERS, LLC 401(K) 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