Retirement plan

SILVERADO SENIOR LIVING HOLDINGS, INC. 401(K) PLAN

Name: SILVERADO SENIOR LIVING - SILVERADO SENIOR LIVING HOLDINGS, INC. 401(K) PLAN (2020) Form 5500
Creator: SILVERADO SENIOR LIVING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SILVERADO SENIOR LIVING HOLDINGS, INC. 401(K) PLAN, SILVERADO SENIOR LIVING

SILVERADO SENIOR LIVINGEIN 27-4275556Plan #001PY 2020

6400 OAK CANYON, SUITE 200 - IRVINE, CA 92618949-240-7200LinkedIn51-200 employees

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$20.1M

+10.4% from 2019

Total participants

2,210

-6.3% from 2019

Average account balance

$23,273

+11.8% from 2019

Annual return

12.87%

-8.96 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

$24.11M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

827

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.

27.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.02M

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

+12.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$185

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 8 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5 years Service code 49 · EIN 04-1590850	Other Services	$165,231
BLACKROCK4 years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
EATON VANCE4 years Service code 52 · EIN 04-2325690	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY4 years Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0
PGIM INVESTMENTS4 years Service code 52 · EIN 22-3468527	Indirect Investment Fees	$0
PRINCIPAL INVESTORS4 years Service code 52 · EIN 91-1801401	Indirect Investment Fees	$0
THE HARTFORD4 years Service code 52 · EIN 13-3317783	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.3 years Filed as: VANGUARD Service code 52 · EIN 23-2311358	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$165K

$87 / participant

Investment mgmt$155K94.1%
Contract admin$9K5.7%
Other / not subdivided$3320.2%

% of EOY assets

0.823%

all-in expense ratio

Categories reported

2 / 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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,273

$56,095-58.5%

$178,498-87.0%

$90,274-74.2%

Participation rate

28.7%

65.6%-36.8pp

81.9%-53.2pp

73.4%-44.6pp

Annual return

12.87%

28.81%-15.9pp

151.09%-138.2pp

53.97%-41.1pp

Employer contribution / active EE

$90

$1,572-94.3%

$5,011-98.2%

$2,523-96.4%

Participant deferral / active EE

$1,102

$2,669-58.7%

$5,202-78.8%

$4,231-74.0%

Admin fee / account holder

$191

$101+90.2%

$13,985-98.6%

$114+67.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5 years

Service code 49 · EIN 04-1590850

Other Services

$165,231

BLACKROCK4 years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

EATON VANCE4 years

Service code 52 · EIN 04-2325690

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY4 years

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

PGIM INVESTMENTS4 years

Service code 52 · EIN 22-3468527

Indirect Investment Fees

PRINCIPAL INVESTORS4 years

Service code 52 · EIN 91-1801401

Indirect Investment Fees

THE HARTFORD4 years

Service code 52 · EIN 13-3317783

Indirect Investment Fees

THE VANGUARD GROUP, INC.3 years

Filed as: VANGUARD

Service code 52 · EIN 23-2311358

Indirect Investment Fees

SILVERADO SENIOR LIVING HOLDINGS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SILVERADO SENIOR LIVING HOLDINGS, INC. 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