Retirement plan

SUPPORTIVE LIVING SERVICES, INC. 401K PROFIT SHARING PLAN

Name: SUPPORTIVE LIVING SERVICES, INC. - SUPPORTIVE LIVING SERVICES, INC. 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: SUPPORTIVE LIVING SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPPORTIVE LIVING SERVICES, INC. 401K PROFIT SHARING PLAN, SUPPORTIVE LIVING SERVICES, INC.

SUPPORTIVE LIVING SERVICES, INC.EIN 25-1439680Plan #002PY 2024

3901 PACIFIC AVENUE - ERIE, PA 16506814-454-1252supportivelivingservices.orgLinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$3.1M

+7.5% from 2023

Total participants

125

-0.8% from 2023

Average account balance

$35,137

+7.5% from 2023

Annual return

11.61%

-0.91 pp from 2023

Benchmarks

See 2,063 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,063 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.09M

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.

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.

66.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$331K

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

+11.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$373

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
AMERICAN FUNDS5 years Filed as: CAPITAL GROUPRETIREMENTPLANSERVICES Service code 15 · EIN 82-4555287 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping	$13,856
BAKER TILLY US, LLP3 years Filed as: BAKER TILLY VANTAGEN, LLC Service code 13 · EIN 23-2932984 2599 WILMINGTON ROAD · NEW CASTLE, PA 16105	Contract Administrator	$10,697
NORTHWEST BANK6 years Service code 26 · EIN 23-2790930 100 LIBERTY STREET · WARREN, PA 16365	Advisory (Participants)	$9,390

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$33K

$302 / participant

Contract admin$33K100.0%

% of EOY assets

1.063%

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: HEBERLEIN & FALK, PC
Auditor EIN: 260001555
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,137

$60,261-41.7%

$81,783-57.0%

$74,546-52.9%

Participation rate

66.1%

62.9%+3.2pp

72.4%-6.3pp

67.2%-1.2pp

Annual return

11.61%

16.88%-5.3pp

775.05%-763.4pp

1366.03%-1354.4pp

Employer contribution / active EE

$1,406

$2,622-46.4%

$2,913-51.7%

$2,624-46.4%

Participant deferral / active EE

$1,629

$3,388-51.9%

$4,320-62.3%

$4,347-62.5%

Admin fee / account holder

$373

$1,482-74.8%

$7,380-94.9%

$1,944-80.8%

Provider

Service type

Compensation

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUPRETIREMENTPLANSERVICES

Service code 15 · EIN 82-4555287

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping

$13,856

BAKER TILLY US, LLP3 years

Filed as: BAKER TILLY VANTAGEN, LLC

Service code 13 · EIN 23-2932984

2599 WILMINGTON ROAD · NEW CASTLE, PA 16105

Contract Administrator

$10,697

NORTHWEST BANK6 years

Service code 26 · EIN 23-2790930

100 LIBERTY STREET · WARREN, PA 16365

Advisory (Participants)

$9,390

SUPPORTIVE LIVING SERVICES, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPPORTIVE LIVING SERVICES, INC. 401K PROFIT SHARING 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