Retirement plan

ELCOR OPERATING COMPANY, LLC 401(K) PLAN

Name: ELCOR OPERATING COMPANY, LLC - ELCOR OPERATING COMPANY, LLC 401(K) PLAN (2015) Form 5500
Creator: ELCOR OPERATING COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELCOR OPERATING COMPANY, LLC 401(K) PLAN, ELCOR OPERATING COMPANY, LLC

ELCOR OPERATING COMPANY, LLCdba ELCOR NURSING AND REHABILITATION CENTEREIN 26-4067569Plan #001PY 2015

48 COLONIAL DRIVE - HORSEHEADS, NY 148458532607-739-0304

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$7.8M

No prior year

Total participants

532

No prior year

Average account balance

$45,392

No prior year

Annual return

-4.34%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.83M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

109

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.

22.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$332K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$953

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

+12.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$438

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
USI CONSULTING GROUP1+ years Filed as: BURKE GROUP Service code 15 · EIN 80-0688755	Recordkeeping	$34,114
EFPR GROUP, CPAS, PLLC1+ years Filed as: EFPR GROUP,CPAS, PLLC Service code 10 · EIN 47-4526160	Accounting	$7,600

Plan features & details

Pension benefit codes2E2F2J2K2T3D

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).
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.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42K

$85 / participant

Contract admin$34K81.8%
Other / not subdivided$8K18.2%

% of EOY assets

0.534%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EFPR GROUP, CPAS, PLLC
Auditor EIN: 474526160
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,392

$37,117+22.3%

$147,618-69.3%

$55,191-17.8%

Participation rate

26.2%

63.6%-37.4pp

84.6%-58.4pp

69.2%-42.9pp

Annual return

-4.34%

3.44%-7.8pp

61.98%-66.3pp

10.78%-15.1pp

Employer contribution / active EE

$244

$1,620-84.9%

$5,565-95.6%

$1,899-87.1%

Participant deferral / active EE

$627

$1,985-68.4%

$4,895-87.2%

$3,046-79.4%

Admin fee / account holder

$243

$86+183.4%

$11,612-97.9%

$91+167.2%

Provider

Service type

Compensation

USI CONSULTING GROUP1+ years

Filed as: BURKE GROUP

Service code 15 · EIN 80-0688755

Recordkeeping

$34,114

EFPR GROUP, CPAS, PLLC1+ years

Filed as: EFPR GROUP,CPAS, PLLC

Service code 10 · EIN 47-4526160

Accounting

$7,600

ELCOR OPERATING COMPANY, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELCOR OPERATING COMPANY, LLC 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