Retirement plan

AH FACILITIES 401(K) PLAN

Name: ADVANTAGE REHABILITATION SERVICES LLC - AH FACILITIES 401(K) PLAN (2020) Form 5500
Creator: ADVANTAGE REHABILITATION SERVICES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AH FACILITIES 401(K) PLAN, ADVANTAGE REHABILITATION SERVICES LLC

ADVANTAGE REHABILITATION SERVICES LLCEIN 22-3789700Plan #001PY 2020

175 BELGROVE AVE - KEARNY, NJ 07032201-216-9500LinkedIn1-10 employeesmedical practice

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$7.6M

+23.8% from 2019

Total participants

614

+2.0% from 2019

Average account balance

$38,588

+23.2% from 2019

Annual return

16.84%

-3.48 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.80M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

225

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.

30.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$560K

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

+11.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$151

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
TRANSAMERICA RETIREMENT SOLUTIONS6+ years Filed as: TRANSAMERICA LIFE INS. CO. Service code 15 · EIN 39-0989781	Recordkeeping	$23,071
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC Service code 27 · EIN 61-1732930	Advisory (Plan)	$3,028
INTAC ACTUARIAL SERVICES6+ years Filed as: INTAC ACTUARIAL SERVICES, INC. Service code 15 · EIN 22-2446239	Recordkeeping	$1,150

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$24K

$45 / participant

Contract admin$24K100.0%

% of EOY assets

0.317%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SCHULTHEIS & PANETTIERI, LLP
Auditor EIN: 131577780
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,588

$52,293-26.2%

$178,503-78.4%

$73,412-47.4%

Participation rate

23.2%

65.3%-42.1pp

81.9%-58.7pp

72.2%-48.9pp

Annual return

16.84%

34.75%-17.9pp

151.12%-134.3pp

59.30%-42.5pp

Employer contribution / active EE

$1,736-100.0%

$5,011-100.0%

$2,234-100.0%

Participant deferral / active EE

$1,146

$2,333-50.9%

$5,202-78.0%

$3,806-69.9%

Admin fee / account holder

$122

$127-3.9%

$13,987-99.1%

$158-22.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS6+ years

Filed as: TRANSAMERICA LIFE INS. CO.

Service code 15 · EIN 39-0989781

Recordkeeping

$23,071

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Filed as: ENVESTNET RETIREMENT SOLUTIONS LLC

Service code 27 · EIN 61-1732930

Advisory (Plan)

$3,028

INTAC ACTUARIAL SERVICES6+ years

Filed as: INTAC ACTUARIAL SERVICES, INC.

Service code 15 · EIN 22-2446239

Recordkeeping

$1,150

AH FACILITIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AH FACILITIES 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