Retirement plan

LIVEWELL ALLIANCE, INC. 401(K) PLAN

Name: LIVEWELL ALLIANCE, INC. - LIVEWELL ALLIANCE, INC. 401(K) PLAN (2021) Form 5500
Creator: LIVEWELL ALLIANCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LIVEWELL ALLIANCE, INC. 401(K) PLAN, LIVEWELL ALLIANCE, INC.

LIVEWELL ALLIANCE, INC.EIN 22-3068632Plan #001PY 2021

1261 SOUTH MAIN STREET - PLANTSVILLE, CT 06479860-628-3006arc-ct.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed December 13, 2018

Plan administrator

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1261 South Main Street

Plantsville State: CT Zip Code: 06479

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Plans declared (1)

LiveWell Alliance 457(b) Plan1 emp

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Total assets (EOY)

$14.5M

+12.5% from 2020

Total participants

248

-14.2% from 2020

Average account balance

$70,700

+25.1% from 2020

Annual return

11.53%

-2.77 pp from 2020

Benchmarks

See 5,351 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,351 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.71M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

201

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.

69.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER1 year Filed as: PENSION CONSULTANTS, INC Service code 49	Other Services	$11,847
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE FINANCIAL SERVICES, INC. Service code 51 · EIN 41-0973005	Investment Mgmt Fees	$0
ADP BROKER-DEALER1 year Filed as: PENSION CONSULTANTS Service code 49 74 BATTERSON PARK RD · FARMINGTON, CT 06032	Other Services	$0

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$6K

$34 / participant

Contract admin$6K100.0%

% of EOY assets

0.042%

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: MARCUM. LLP
Auditor EIN: 111986323
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,700

$61,166+15.6%

$185,849-62.0%

$79,391-10.9%

Participation rate

76.2%

66.6%+9.6pp

81.7%-5.5pp

70.7%+5.5pp

Annual return

11.53%

19.45%-7.9pp

122.10%-110.6pp

116.88%-105.4pp

Employer contribution / active EE

$1,883

$2,321-18.9%

$5,169-63.6%

$2,428-22.5%

Participant deferral / active EE

$3,417

$2,789+22.5%

$5,569-38.6%

$4,046-15.6%

Admin fee / account holder

$30

$710-95.8%

$16,244-99.8%

$627-95.3%

Provider

Service type

Compensation

ADP BROKER-DEALER1 year

Filed as: PENSION CONSULTANTS, INC

Service code 49

Other Services

$11,847

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE FINANCIAL SERVICES, INC.

Service code 51 · EIN 41-0973005

Investment Mgmt Fees

ADP BROKER-DEALER1 year

Filed as: PENSION CONSULTANTS

Service code 49

74 BATTERSON PARK RD · FARMINGTON, CT 06032

Other Services

LIVEWELL ALLIANCE, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LIVEWELL ALLIANCE, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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