Retirement plan

CHAMPION REHAB RESOURCES, LLC 401(K) PLAN

Name: CHAMPION REHAB RESOURCES, LLC - CHAMPION REHAB RESOURCES, LLC 401(K) PLAN (2020) Form 5500
Creator: CHAMPION REHAB RESOURCES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHAMPION REHAB RESOURCES, LLC 401(K) PLAN, CHAMPION REHAB RESOURCES, LLC

CHAMPION REHAB RESOURCES, LLCEIN 20-0477219Plan #001PY 2020

1514 OWENS STREET - GADSDEN, AL 35904256-543-1030

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$8.9M

+21.3% from 2019

Total participants

298

-15.6% from 2019

Average account balance

$30,103

+35.6% from 2019

Annual return

20.42%

-3.62 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.52M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

310

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$578K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$30,461
CORPORATE FINANCIAL SERVICES, LLC3 years Service code 10 7050 FAIN PARK DRIVE, SUITE 12 · MONTGOMERY, AL 36124	Accounting	$10,684
BBVA SECURITIES INC2 years Filed as: BBVA Service code 22 15 SOUTH 20TH STREET, 6TH FLOOR · BIRMINGHAM, AL 35233	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$41K

$205 / participant

Contract admin$41K100.0%

% of EOY assets

0.460%

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: CARR, RIGGS & INGRAM, LLC
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,103

$58,888-48.9%

$178,499-83.1%

$73,493-59.0%

Participation rate

99.5%

66.2%+33.3pp

81.9%+17.6pp

70.7%+28.8pp

Annual return

20.42%

24.86%-4.4pp

151.10%-130.7pp

28.51%-8.1pp

Employer contribution / active EE

$1,013

$2,236-54.7%

$5,011-79.8%

$2,270-55.4%

Participant deferral / active EE

$1,737

$2,568-32.4%

$5,202-66.6%

$3,740-53.6%

Admin fee / account holder

$139

$400-65.4%

$13,986-99.0%

$513-73.0%

Provider

Service type

Compensation

NATIONWIDE6+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$30,461

CORPORATE FINANCIAL SERVICES, LLC3 years

Service code 10

7050 FAIN PARK DRIVE, SUITE 12 · MONTGOMERY, AL 36124

Accounting

$10,684

BBVA SECURITIES INC2 years

Filed as: BBVA

Service code 22

15 SOUTH 20TH STREET, 6TH FLOOR · BIRMINGHAM, AL 35233

Insurance Broker

CHAMPION REHAB RESOURCES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHAMPION REHAB RESOURCES, 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