Retirement plan

PILLAR CARE CONTINUUM 401(K) RETIREMENT PLAN

Name: PILLAR CARE CONTINUUM, INC. - PILLAR CARE CONTINUUM 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: PILLAR CARE CONTINUUM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PILLAR CARE CONTINUUM 401(K) RETIREMENT PLAN, PILLAR CARE CONTINUUM, INC.

PILLAR CARE CONTINUUM, INC.EIN 22-6069076Plan #002PY 2024

120 EAGLE ROCK AVE STE 290 - EAST HANOVER, NJ 07936973-763-9900pillarnj.orgLinkedIn1001-5000 employeesnon-profit organization management

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$25.3M

+11.7% from 2023

Total participants

704

-3.6% from 2023

Average account balance

$63,490

+13.1% from 2023

Annual return

13.26%

-4.49 pp from 2023

Benchmarks

See 1,035 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,035 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.27M

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.

398

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.

49.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$76

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
GALLAGHER FIDUCIARY ADVISORS, LLC1 year Filed as: GALLAGHER FIDUCIARY ADVISORS LLC Service code 15 PO BOX 71396 · CHICAGO, IL 606941396	Recordkeeping	$22,500
AMERICAN UNITED LIFE INSURANCE CO10+ years Service code 15 · EIN 35-0145825	Recordkeeping	$6,326
LINCOLN NATIONAL CORPORATION1 year Service code 13 · EIN 35-0472300	Contract Administrator	$1,495

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$30K

$50 / participant

Investment mgmt$23K74.2%
Contract admin$8K25.8%

% of EOY assets

0.120%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,490

$65,960-3.7%

$81,882-22.5%

$77,762-18.4%

Participation rate

49.6%

65.8%-16.2pp

72.4%-22.8pp

70.6%-21.0pp

Annual return

13.26%

26.64%-13.4pp

779.47%-766.2pp

31.27%-18.0pp

Employer contribution / active EE

$1,070

$2,375-54.9%

$2,916-63.3%

$2,728-60.8%

Participant deferral / active EE

$1,871

$3,505-46.6%

$4,323-56.7%

$4,651-59.8%

Admin fee / account holder

$76

$526-85.5%

$7,360-99.0%

$433-82.4%

Provider

Service type

Compensation

GALLAGHER FIDUCIARY ADVISORS, LLC1 year

Filed as: GALLAGHER FIDUCIARY ADVISORS LLC

Service code 15

PO BOX 71396 · CHICAGO, IL 606941396

Recordkeeping

$22,500

AMERICAN UNITED LIFE INSURANCE CO10+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$6,326

LINCOLN NATIONAL CORPORATION1 year

Service code 13 · EIN 35-0472300

Contract Administrator

$1,495

PILLAR CARE CONTINUUM 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PILLAR CARE CONTINUUM 401(K) RETIREMENT 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