Retirement plan

ATRIA SENIOR LIVING, INC. 401(K) PLAN

Name: ATRIA SENIOR LIVING, INC. - ATRIA SENIOR LIVING, INC. 401(K) PLAN (2022) Form 5500
Creator: ATRIA SENIOR LIVING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATRIA SENIOR LIVING, INC. 401(K) PLAN, ATRIA SENIOR LIVING, INC.

ATRIA SENIOR LIVING, INC.EIN 27-4673765Plan #001PY 2022

300 EAST MARKET STREET, SUITE 100 - LOUISVILLE, KY 40202502-779-4700atriaseniorliving.comLinkedIn10001+ employeesreal estate

Prospect flagsLow participationLow assets / participantLow employer contributionLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$151.6M

+20.3% from 2021

Total participants

12,321

+31.9% from 2021

Average account balance

$27,076

-6.0% from 2021

Annual return

23.43%

+9.82 pp from 2021

Benchmarks

See 237 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort237 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$165.70M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

4,908

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.

33.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.24M

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

+8.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$94

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 7 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS5 years Service code 12 · EIN 13-3689044	Distribution (12b-1) fees; Shareholde...	$405,611
GLOBAL RETIREMENT PARTNERS LLC4 years Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 · EIN 47-1411118	Advisory (Plan)	$57,313
VESTLA & WILER1 year Service code 10 · EIN 59-3198021	Accounting	$21,000
MCM CPAS & ADVISORS LLP4 years Service code 10 · EIN 27-1235638	Accounting	$20,832
SAGEPOINT FINANCIAL INC1 year Filed as: RESOURCE INVESTMENT ADVISORS Service code 27 · EIN 43-1451524	Advisory (Plan)	$15,000
MID ATLANTIC CAPITAL CORPORATION5 years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES5 years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3D3H

Plan features

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.
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

5 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$520K

$51 / participant

Investment mgmt$72K13.9%
Other / not subdivided$447K86.1%

% of EOY assets

0.343%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: MCM CPAS & ASVISORS LLP
Auditor EIN: 271235638
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,076

$83,057-67.4%

$143,757-81.2%

$89,394-69.7%

Participation rate

33.7%

74.0%-40.4pp

80.3%-46.7pp

71.3%-37.6pp

Annual return

23.43%

-13.97%+37.4pp

-0.04%+23.5pp

-11.89%+35.3pp

Employer contribution / active EE

$338

$2,095-83.9%

$4,951-93.2%

$3,022-88.8%

Participant deferral / active EE

$1,406

$4,281-67.1%

$5,637-75.0%

$5,123-72.5%

Admin fee / account holder

$93

$83+11.8%

$14,673-99.4%

$79+16.9%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5 years

Service code 12 · EIN 13-3689044

Distribution (12b-1) fees; Shareholde...

$405,611

GLOBAL RETIREMENT PARTNERS LLC4 years

Filed as: GLOBAL RETIREMENT PARTNERS, LLC

Service code 27 · EIN 47-1411118

Advisory (Plan)

$57,313

VESTLA & WILER1 year

Service code 10 · EIN 59-3198021

Accounting

$21,000

MCM CPAS & ADVISORS LLP4 years

Service code 10 · EIN 27-1235638

Accounting

$20,832

SAGEPOINT FINANCIAL INC1 year

Filed as: RESOURCE INVESTMENT ADVISORS

Service code 27 · EIN 43-1451524

Advisory (Plan)

$15,000

MID ATLANTIC CAPITAL CORPORATION5 years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES5 years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

ATRIA SENIOR LIVING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATRIA SENIOR LIVING, 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