Retirement plan

SENIOR HEALTH SOUTH - TAMPA, LLC 401(K) PLAN

Name: SENIOR HEALTH SOUTH TAMPA, LLC - SENIOR HEALTH SOUTH - TAMPA, LLC 401(K) PLAN (2016) Form 5500
Creator: SENIOR HEALTH SOUTH TAMPA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SENIOR HEALTH SOUTH - TAMPA, LLC 401(K) PLAN, SENIOR HEALTH SOUTH TAMPA, LLC

SENIOR HEALTH SOUTH TAMPA, LLCEIN 14-1864151Plan #001PY 2016

TWO BALA PLAZA, NO. 300 - BALA CYNWYD, PA 19004561-223-1462

Prospect flagsLow returnsLow participationLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$93K

-45.4% from 2015

Total participants

198

-8.3% from 2015

Average account balance

$5,469

-55.0% from 2015

Annual return

3.74%

+2.93 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$196K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

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.

3.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$54K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$142

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

+9.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1494

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

0 years with F_SCH_H allocation on file

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 33 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Securities brokerage	$1,412
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131	Trustee (directed); Claims processing...	$732
MY BENEFITS, LLC1 year Service code 15 5352 PEACHTREE ROAD · ATLANTA, GA 303412450	Recordkeeping	$233
VALIC RETIREMENT SERVICES COMPANY2+ years Filed as: VALIC FINANCIAL ADVISORS, INC. Service code 33 10006 NORTH DALE MABRY HIGHWAY · TAMPA, FL 33618	Distribution (12b-1) fees; Securities...	$0

Plan features & details

Pension benefit codes2A2E2J2K2F2G2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2K

$9 / participant

Investment mgmt$2K92.0%
Other / not subdivided$1328.0%

% of EOY assets

1.770%

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: MOORE STEPHENS LOVELACE PA
Auditor EIN: 593070669
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,469

$46,732-88.3%

$156,551-96.5%

$55,167-90.1%

Participation rate

6.2%

65.8%-59.6pp

84.0%-77.8pp

69.0%-62.8pp

Annual return

3.74%

17.72%-14.0pp

32.23%-28.5pp

169.23%-165.5pp

Employer contribution / active EE

$2,105-100.0%

$5,501-100.0%

$1,963-100.0%

Participant deferral / active EE

$184

$2,204-91.6%

$4,871-96.2%

$3,054-94.0%

Admin fee / account holder

$97

$418-76.9%

$13,028-99.3%

$504-80.8%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 33

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Securities brokerage

$1,412

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 12 · EIN 27-4411131

Trustee (directed); Claims processing...

$732

MY BENEFITS, LLC1 year

Service code 15

5352 PEACHTREE ROAD · ATLANTA, GA 303412450

Recordkeeping

$233

VALIC RETIREMENT SERVICES COMPANY2+ years

Filed as: VALIC FINANCIAL ADVISORS, INC.

Service code 33

10006 NORTH DALE MABRY HIGHWAY · TAMPA, FL 33618

Distribution (12b-1) fees; Securities...

SENIOR HEALTH SOUTH - TAMPA, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SENIOR HEALTH SOUTH - TAMPA, 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