Retirement plan

POST ACUTE PARTNERS RETIREMENT PLAN

Name: POST ACUTE PARTNERS LLC - POST ACUTE PARTNERS RETIREMENT PLAN (2020) Form 5500
Creator: POST ACUTE PARTNERS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POST ACUTE PARTNERS RETIREMENT PLAN, POST ACUTE PARTNERS LLC

POST ACUTE PARTNERS LLCEIN 27-3027795Plan #001PY 2020

641 LEXINGTON AVE 31ST FLOOR - NEW YORK, NY 100224503212-802-7603postacute.comLinkedIn1001-5000 employeesmedical practice

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$49.2M

+19.2% from 2019

Total participants

4,411

-7.6% from 2019

Average account balance

$34,633

+53.9% from 2019

Annual return

13.35%

-9.84 pp from 2019

Benchmarks

See 1,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,342 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$63.08M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

1,487

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.

22.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$78

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 4 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND4 years Service code 10 · EIN 06-1050034	Accounting	$52,847
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 27 · EIN 20-8764829	Advisory (Plan)	$37,500
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY & CO LLC Service code 10 · EIN 13-2655998	Accounting	$12,500
BONADIO & CO., LLP3 years Filed as: THE BONADIO GROUP Service code 10 · EIN 16-1131146	Accounting	$8,900

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3H3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$23K

$6 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.047%

all-in expense ratio

Categories reported

0 / 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: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,633

$56,095-38.3%

$178,498-80.6%

$90,274-61.6%

Participation rate

28.2%

65.6%-37.4pp

81.9%-53.8pp

73.4%-45.2pp

Annual return

13.35%

28.81%-15.5pp

151.09%-137.7pp

53.97%-40.6pp

Employer contribution / active EE

$245

$1,572-84.4%

$5,011-95.1%

$2,523-90.3%

Participant deferral / active EE

$1,221

$2,669-54.2%

$5,202-76.5%

$4,231-71.1%

Admin fee / account holder

$16

$101-83.9%

$13,985-99.9%

$114-85.8%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND4 years

Service code 10 · EIN 06-1050034

Accounting

$52,847

MORGAN STANLEY SMITH BARNEY3 years

Filed as: MORGAN STANLEY GLOBAL BANKING OPERA

Service code 27 · EIN 20-8764829

Advisory (Plan)

$37,500

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY & CO LLC

Service code 10 · EIN 13-2655998

Accounting

$12,500

BONADIO & CO., LLP3 years

Filed as: THE BONADIO GROUP

Service code 10 · EIN 16-1131146

Accounting

$8,900

POST ACUTE PARTNERS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POST ACUTE PARTNERS 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