Retirement plan

AMERICARE HEALTH & RETIREMENT, INC. 401(K) PROFIT SHARING PLAN

Name: AMERICARE HEALTH & RETIREMENT, INC. - AMERICARE HEALTH & RETIREMENT, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: AMERICARE HEALTH & RETIREMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICARE HEALTH & RETIREMENT, INC. 401(K) PROFIT SHARING PLAN, AMERICARE HEALTH & RETIREMENT, INC.

AMERICARE HEALTH & RETIREMENT, INC.EIN 33-0062797Plan #001PY 2016

140 LOMAS SANTA FE DRIVE, STE. 103 - SOLANA BEACH, CA 92075858-792-0696americarehr.comLinkedIn1-10 employees

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$2.5M

+13.6% from 2015

Total participants

288

+4.7% from 2015

Average account balance

$9,173

+6.9% from 2015

Annual return

6.27%

+7.82 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.84M

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

350

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.

94.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$725K

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

+12.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$151

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$19,147
POLYCOMP ADMINISTRATIVE SERVICES2+ years Filed as: POLYCOMP ADMINISTRATIVE SERVICES, I Service code 14 · EIN 95-2889854	Plan Administrator	$13,263
LPL FINANCIAL2+ years Service code 26 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2G2J2F3D2T2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$18K

$106 / participant

Investment mgmt$3872.2%
Contract admin$17K97.8%

% of EOY assets

0.712%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,173

$46,732-80.4%

$156,551-94.1%

$55,167-83.4%

Participation rate

91.7%

65.8%+25.9pp

84.0%+7.7pp

69.0%+22.7pp

Annual return

6.27%

17.72%-11.4pp

32.23%-26.0pp

169.23%-163.0pp

Employer contribution / active EE

$1,032

$2,105-51.0%

$5,501-81.2%

$1,963-47.4%

Participant deferral / active EE

$853

$2,204-61.3%

$4,871-82.5%

$3,054-72.1%

Admin fee / account holder

$65

$418-84.4%

$13,028-99.5%

$504-87.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$19,147

POLYCOMP ADMINISTRATIVE SERVICES2+ years

Filed as: POLYCOMP ADMINISTRATIVE SERVICES, I

Service code 14 · EIN 95-2889854

Plan Administrator

$13,263

LPL FINANCIAL2+ years

Service code 26

4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121

Advisory (Participants)

AMERICARE HEALTH & RETIREMENT, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICARE HEALTH & RETIREMENT, INC. 401(K) PROFIT SHARING 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