Retirement plan

CURO HEALTH SERVICES RETIREMENT SAVINGS PLAN

Name: CURO HEALTH SERVICES, LLC - CURO HEALTH SERVICES RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: CURO HEALTH SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CURO HEALTH SERVICES RETIREMENT SAVINGS PLAN, CURO HEALTH SERVICES, LLC

CURO HEALTH SERVICES, LLCEIN 32-0307955Plan #001PY 2017

655 BRAWLEY SCHOOL RD, #200 - MOORESVILLE, NC 28117704-664-2876

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$32.7M

-19.6% from 2016

Total participants

4,876

-12.3% from 2016

Average account balance

$23,075

-12.1% from 2016

Annual return

20.46%

-12.39 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$301.07M

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.

8,585

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.

32.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44.61M

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

+20.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75

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 10 of 12 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$190,044
ERNST & YOUNG LLP1 year Filed as: ERNST & YOUNG US LLP Service code 10 · EIN 34-6565596	Accounting	$52,130
LPL FINANCIAL1 year Service code 27 · EIN 04-3046611	Advisory (Plan)	$31,949
SAGEVIEW ADVISORY GROUP, LLC1 year Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 27 · EIN 33-0818667	Advisory (Plan)	$11,043
AMERICAN CENTURY1 year Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS1 year Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0
METROPOLITAN WEST ASSET MANAGEMENT1 year Service code 52 · EIN 95-4625304	Indirect Investment Fees	$0
PIONEER1 year Service code 52 · EIN 04-3453709	Indirect Investment Fees	$0
PRINCIPAL INVESTORS1 year Service code 52 · EIN 91-1801401	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T3H

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.
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

$214K

$46 / participant

Investment mgmt$150K70.1%
Contract admin$42K19.8%
Other / not subdivided$22K10.2%

% of EOY assets

0.654%

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: E AND Y
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,075

$44,989-48.7%

$170,435-86.5%

$77,958-70.4%

Participation rate

25.3%

64.6%-39.3pp

83.6%-58.3pp

71.6%-46.4pp

Annual return

20.46%

19.61%+0.8pp

205.94%-185.5pp

20.87%-0.4pp

Employer contribution / active EE

$228

$1,466-84.5%

$5,432-95.8%

$2,310-90.1%

Participant deferral / active EE

$1,017

$2,208-53.9%

$4,939-79.4%

$3,537-71.2%

Admin fee / account holder

$151

$69+118.8%

$13,881-98.9%

$97+55.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$190,044

ERNST & YOUNG LLP1 year

Filed as: ERNST & YOUNG US LLP

Service code 10 · EIN 34-6565596

Accounting

$52,130

LPL FINANCIAL1 year

Service code 27 · EIN 04-3046611

Advisory (Plan)

$31,949

SAGEVIEW ADVISORY GROUP, LLC1 year

Filed as: SAGEVIEW ADVISORY GROUP LLC

Service code 27 · EIN 33-0818667

Advisory (Plan)

$11,043

AMERICAN CENTURY1 year

Service code 52 · EIN 44-6006315

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS1 year

Service code 52 · EIN 36-3129984

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

METROPOLITAN WEST ASSET MANAGEMENT1 year

Service code 52 · EIN 95-4625304

Indirect Investment Fees

PIONEER1 year

Service code 52 · EIN 04-3453709

Indirect Investment Fees

PRINCIPAL INVESTORS1 year

Service code 52 · EIN 91-1801401

Indirect Investment Fees

CURO HEALTH SERVICES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CURO HEALTH SERVICES RETIREMENT SAVINGS 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