Retirement plan

PERIMETER HEALTHCARE 401(K) PLAN

Name: REP PERIMETER HOLDINGS, LLC D/B/A PERIMETER HEALTHCARE - PERIMETER HEALTHCARE 401(K) PLAN (2024) Form 5500
Creator: REP PERIMETER HOLDINGS, LLC D/B/A PERIMETER HEALTHCARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PERIMETER HEALTHCARE 401(K) PLAN, REP PERIMETER HOLDINGS, LLC D/B/A PERIMETER HEALTHCARE

REP PERIMETER HOLDINGS, LLC D/B/A PERIMETER HEALTHCAREEIN 20-4889788Plan #001PY 2024

2520 NORTHWINDS PARKWAY, SUITE 550 - ALPHARETTA, GA 30009470-554-7907

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$5.9M

+28.3% from 2023

Total participants

1,210

-30.0% from 2023

Average account balance

$23,148

+15.9% from 2023

Annual return

10.59%

-7.64 pp from 2023

Benchmarks

See 1,433 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,433 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.95M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

257

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.

15.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+10.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$336

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
PROFESSIONAL CAPITAL SERVICES, LLC7+ years Filed as: PROFESSIONAL CAPITAL SERVICES Service code 12 · EIN 23-3038464 9450 SW GEMINI DR. PMB65198 · BEAVERTOWN, OR 97008	Contract Administrator; Consulting (p...	$39,728
BUCKINGHAM STRATEGIC PARTNERS1 year Filed as: FOCUS PARTNERS WEALTH Service code 26 · EIN 90-0751149 190 CARONDELET PLAZA #600 · ST. LOUIS, MO 63105	Advisory (Participants)	$37,286

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

3 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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$86K

$77 / participant

Recordkeeping$39K45.6%
Investment mgmt$37K43.1%
Contract admin$10K11.3%

% of EOY assets

1.452%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SKIBBIE, CPA, INC.
Auditor EIN: 270851321
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,148

$53,254-56.5%

$155,602-85.1%

$199,874-88.4%

Participation rate

15.4%

64.1%-48.8pp

78.2%-62.8pp

72.0%-56.6pp

Annual return

10.59%

41.18%-30.6pp

64.81%-54.2pp

34.28%-23.7pp

Employer contribution / active EE

$450

$1,848-75.7%

$4,675-90.4%

$3,036-85.2%

Participant deferral / active EE

$850

$3,165-73.1%

$5,629-84.9%

$5,090-83.3%

Admin fee / account holder

$336

$186+81.2%

$15,923-97.9%

$269+25.0%

Provider

Service type

Compensation

PROFESSIONAL CAPITAL SERVICES, LLC7+ years

Filed as: PROFESSIONAL CAPITAL SERVICES

Service code 12 · EIN 23-3038464

9450 SW GEMINI DR. PMB65198 · BEAVERTOWN, OR 97008

Contract Administrator; Consulting (p...

$39,728

BUCKINGHAM STRATEGIC PARTNERS1 year

Filed as: FOCUS PARTNERS WEALTH

Service code 26 · EIN 90-0751149

190 CARONDELET PLAZA #600 · ST. LOUIS, MO 63105

Advisory (Participants)

$37,286

PERIMETER HEALTHCARE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PERIMETER HEALTHCARE 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