Retirement plan

PREFERRED HEALTHCARE REGISTRY, INC. 401(K) PLAN

Name: PREFERRED HEALTHCARE REGISTRY, INC. - PREFERRED HEALTHCARE REGISTRY, INC. 401(K) PLAN (2015) Form 5500
Creator: PREFERRED HEALTHCARE REGISTRY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREFERRED HEALTHCARE REGISTRY, INC. 401(K) PLAN, PREFERRED HEALTHCARE REGISTRY, INC.

PREFERRED HEALTHCARE REGISTRY, INC.EIN 33-0588440Plan #001PY 2015

9089 CLAIREMONT MESA BOULEVARD, SUITE 200 - SAN DIEGO, CA 92123858-505-0939preferredregisty.comLinkedIn11-50 employeesstaffing and recruiting

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$2M

No prior year

Total participants

345

No prior year

Average account balance

$16,169

No prior year

Annual return

3.26%

No prior year

Benchmarks

See 563 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort563 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.39M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

191

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.

33.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$642K

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

+12.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$203

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
SAGEMARK CONSULTING1+ years Service code 26 4250 EXECUTIVE SQUARE · LA JOLLA, CA 92037	Advisory (Participants)	$7,582
SAN DIEGO PENSION CONSULTANTS1+ years Service code 13 5628 COPLEY DRIVE · SAN DIEGO, CA 92111	Contract Administrator	$2,200
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346	Recordkeeping	$106

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$11K

$40 / participant

Investment mgmt$10K88.7%
Contract admin$1K11.3%

% of EOY assets

0.556%

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: OLIVA, GODDARD & WRIGHT, CPAS
Auditor EIN: 330578542
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,169

$27,330-40.8%

$67,704-76.1%

$55,191-70.7%

Participation rate

17.9%

47.5%-29.6pp

67.5%-49.6pp

69.2%-51.2pp

Annual return

3.26%

8.81%-5.5pp

25.41%-22.1pp

10.78%-7.5pp

Employer contribution / active EE

$112

$855-86.8%

$2,559-95.6%

$1,899-94.1%

Participant deferral / active EE

$832

$1,709-51.3%

$3,585-76.8%

$3,046-72.7%

Admin fee / account holder

$90

$109-17.7%

$4,255-97.9%

$91-0.9%

Provider

Service type

Compensation

SAGEMARK CONSULTING1+ years

Service code 26

4250 EXECUTIVE SQUARE · LA JOLLA, CA 92037

Advisory (Participants)

$7,582

SAN DIEGO PENSION CONSULTANTS1+ years

Service code 13

5628 COPLEY DRIVE · SAN DIEGO, CA 92111

Contract Administrator

$2,200

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK LIFE INSURANCE CO USA

Service code 15 · EIN 01-0233346

Recordkeeping

$106

PREFERRED HEALTHCARE REGISTRY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREFERRED HEALTHCARE REGISTRY, 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