Retirement plan

THERAPY SOUTH, LLC 401K PLAN

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

THERAPY SOUTH, LLCEIN 20-5071801Plan #001PY 2016

2823 GREYSTONE COMMERCIAL BLVD - BIRMINGHAM, AL 352422660205-408-1713

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$5.1M

+23.0% from 2015

Total participants

143

-6.5% from 2015

Average account balance

$54,169

+2.3% from 2015

Annual return

7.92%

+6.75 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

$21.75M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

346

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.

70.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$159

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
CAMBRIDGE INVESTMENT RESEARCH2+ years Service code 27 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	Advisory (Plan)	$21,084
SUNBURST FINANCIAL1 year Filed as: SUNBURST FINANCIAL GROUP Service code 27 600 VESTAVIA PKWY STE 100 · VESTAVIA HILLS, AL 35216	Advisory (Plan)	$8,004
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH & MGMT CO Service code 64 · EIN 26-0058143 333 SOUTH HOPE ST · LOS ANGELES, CA 90071	Recordkeeping Fees	$25

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

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

$29K

$235 / participant

Contract admin$29K100.0%

% of EOY assets

0.565%

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: PEARCE BEVILL LEESBURG MOORE PC
Auditor EIN: 630813240
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,169

$46,732+15.9%

$156,551-65.4%

$55,167-1.8%

Participation rate

61.3%

65.8%-4.5pp

84.0%-22.7pp

69.0%-7.7pp

Annual return

7.92%

17.72%-9.8pp

32.23%-24.3pp

169.23%-161.3pp

Employer contribution / active EE

$1,871

$2,105-11.1%

$5,501-66.0%

$1,963-4.7%

Participant deferral / active EE

$3,238

$2,204+46.9%

$4,871-33.5%

$3,054+6.0%

Admin fee / account holder

$306

$418-26.8%

$13,028-97.6%

$504-39.2%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH2+ years

Service code 27

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

Advisory (Plan)

$21,084

SUNBURST FINANCIAL1 year

Filed as: SUNBURST FINANCIAL GROUP

Service code 27

600 VESTAVIA PKWY STE 100 · VESTAVIA HILLS, AL 35216

Advisory (Plan)

$8,004

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH & MGMT CO

Service code 64 · EIN 26-0058143

333 SOUTH HOPE ST · LOS ANGELES, CA 90071

Recordkeeping Fees

$25

THERAPY SOUTH, LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THERAPY SOUTH, LLC 401K 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