Retirement plan

PRESBYTERIAN SENIORCARE DEFINED CONTRIBUTION PLAN

Name: PRESBYTERIAN SENIORCARE - PRESBYTERIAN SENIORCARE DEFINED CONTRIBUTION PLAN (2024) Form 5500
Creator: PRESBYTERIAN SENIORCARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRESBYTERIAN SENIORCARE DEFINED CONTRIBUTION PLAN, PRESBYTERIAN SENIORCARE

PRESBYTERIAN SENIORCAREEIN 25-0969422Plan #001PY 2024

1215 HULTON ROAD - OAKMONT, PA 15139814-314-1717

Other plans on this EIN

1 filing

#002Retirement-$15.8M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed October 13, 2023 (most recent of 3 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

1215 Hulton Road

Oakmont, PA 15139

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Plans declared (1)

Presbyterian SeniorCare Network Nonqualified Deferred Compensation Plan8 emp

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Total assets (EOY)

$22.2M

+7.0% from 2023

Total participants

895

+4.3% from 2023

Average account balance

$25,711

+3.5% from 2023

Annual return

12.03%

-4.83 pp from 2023

Benchmarks

See 4,131 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,131 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.19M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

863

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.

94.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$918K

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

+12.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$140

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
THE VANGUARD GROUP, INC.4 years Service code 15 · EIN 23-1945930	Recordkeeping	$70,741
CORPORATE BENEFITS CONSULTANTS INC10+ years Service code 27 8500 BROOKTREE ROAD · WEXFORD, PA 15090	Advisory (Plan)	$42,972
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553	Advisory (Plan)	$7,207

Plan features & details

Pension benefit codes2C3D2G2K2F2T3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$121K

$202 / participant

Investment mgmt$50K41.5%
Contract admin$71K58.5%

% of EOY assets

0.545%

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: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,711

$50,812-49.4%

$155,602-83.5%

$77,692-66.9%

Participation rate

94.7%

63.1%+31.5pp

78.2%+16.5pp

70.6%+24.1pp

Annual return

12.03%

34.85%-22.8pp

64.81%-52.8pp

31.25%-19.2pp

Employer contribution / active EE

$1,533

$1,989-22.9%

$4,675-67.2%

$2,726-43.8%

Participant deferral / active EE

$2,822-100.0%

$5,629-100.0%

$4,648-100.0%

Admin fee / account holder

$140

$436-67.9%

$15,923-99.1%

$431-67.5%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.4 years

Service code 15 · EIN 23-1945930

Recordkeeping

$70,741

CORPORATE BENEFITS CONSULTANTS INC10+ years

Service code 27

8500 BROOKTREE ROAD · WEXFORD, PA 15090

Advisory (Plan)

$42,972

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL SECURITIES INC

Service code 27 · EIN 42-0941553

Advisory (Plan)

$7,207

PRESBYTERIAN SENIORCARE DEFINED CONTRIBUTION 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

PRESBYTERIAN SENIORCARE DEFINED CONTRIBUTION 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