Retirement plan

AMERCAREROYAL 401(K) PLAN

Name: AMERCAREROYAL, LLC - AMERCAREROYAL 401(K) PLAN (2024) Form 5500
Creator: AMERCAREROYAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERCAREROYAL 401(K) PLAN, AMERCAREROYAL, LLC

AMERCAREROYAL, LLCEIN 23-1540260Plan #002PY 2024

420 CLOVER MILL ROAD - EXTON, PA 19341610-384-3400

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$29.2M

+72.3% from 2023

Total participants

778

+53.8% from 2023

Average account balance

$44,406

+10.9% from 2023

Annual return

64.10%

+42.83 pp from 2023

Benchmarks

See 1,403 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,403 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.17M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

657

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.

82.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.17M

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

+64.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$91

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
SENTINEL PENSION ADVISORS1 year Service code 26 · EIN 04-3422848	Advisory (Participants)	$30,536
SENTINEL PENSION ADVISORS1 year Filed as: SENTINEL BENEFITS GROUP, LLC Service code 15 · EIN 20-5916766	Recordkeeping	$26,321

Plan features & details

Pension benefit codes2E3D2G2J2F2T3H

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$60K

$87 / participant

Recordkeeping$26K43.9%
Trustee / custodial$3K5.2%
Investment mgmt$31K50.9%

% of EOY assets

0.206%

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: RSM
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,406

$89,465-50.4%

$165,100-73.1%

$77,762-42.9%

Participation rate

82.4%

78.6%+3.7pp

78.6%+3.8pp

70.6%+11.8pp

Annual return

64.10%

28.86%+35.2pp

70.21%-6.1pp

31.27%+32.8pp

Employer contribution / active EE

$2,304

$2,565-10.2%

$4,348-47.0%

$2,728-15.6%

Participant deferral / active EE

$3,767

$4,904-23.2%

$6,035-37.6%

$4,651-19.0%

Admin fee / account holder

$91

$340-73.1%

$12,696-99.3%

$433-78.9%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS1 year

Service code 26 · EIN 04-3422848

Advisory (Participants)

$30,536

SENTINEL PENSION ADVISORS1 year

Filed as: SENTINEL BENEFITS GROUP, LLC

Service code 15 · EIN 20-5916766

Recordkeeping

$26,321

AMERCAREROYAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERCAREROYAL 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