Retirement plan

ACCENTCARE 401(K) RETIREMENT SAVINGS PLAN

Name: ACCENTCARE, INC. - ACCENTCARE 401(K) RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: ACCENTCARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCENTCARE 401(K) RETIREMENT SAVINGS PLAN, ACCENTCARE, INC.

ACCENTCARE, INC.EIN 33-0848300Plan #001PY 2024

17855 N. DALLAS PARKWAY SUITE 200 - DALLAS, TX 75287214-307-7083accentcare.comLinkedIn10001+ employeeshospital & health care

Prospect flagsLow assets / participantLow employer contributionFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed May 15, 2013

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$355.2M

-6.6% from 2016

Total participants

40,578

+1612.6% from 2016

Average account balance

$9,304

-95.4% from 2016

Annual return

26.65%

-6.41 pp from 2016

Benchmarks

See 275 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort275 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$355.15M

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

38,174

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.

91.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56.44M

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

+26.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 13 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Contract Administrator	$1,564,355
MERCER1 year Filed as: MERCER (US) INC Service code 99 21875 NETWORK PLACE · CHICAGO, IL 60673	Other Fees	$175,000
EPIC RETIREMENT PLAN SERVICES1 year Filed as: RETIREMENT PLAN CONSULTANTS, INC. Service code 27 1208 LOYOLA DRIVE · LIBERTYVILLE, IL 60048	Advisory (Plan)	$22,975
WALTERS & SKLYAR LLP8 years Service code 10 21031 VENTURA BLVD STE 401 · WOODLAND HILLS, CA 91364	Accounting	$22,000
BAKER TILLY US, LLP1 year Filed as: BAKER TILLY US LLP Service code 13 · EIN 06-1050034 2599 WILMINGTON RD · NEW CASTLE, PA 16105	Contract Administrator	$9,726

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

4 tripped

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.
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

$1.8M

$67 / participant

Recordkeeping$1M72.4%
Investment mgmt$23K1.3%
Other trustee fees$175K9.6%
Contract admin$254K13.9%
Other / not subdivided$51K2.8%

% of EOY assets

0.513%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WALTERS & SKLYAR LLP
Auditor EIN: 475677171
Audit fees: $22,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,304

$73,283-87.3%

$155,556-94.0%

$106,553-91.3%

Participation rate

91.2%

73.3%+17.9pp

78.2%+12.9pp

69.8%+21.3pp

Annual return

26.65%

15.76%+10.9pp

64.84%-38.2pp

17.37%+9.3pp

Employer contribution / active EE

$154

$2,241-93.1%

$4,675-96.7%

$3,359-95.4%

Participant deferral / active EE

$1,919

$4,567-58.0%

$5,631-65.9%

$5,562-65.5%

Admin fee / account holder

$48

$56-14.6%

$15,885-99.7%

$80-40.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 13

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Contract Administrator

$1,564,355

MERCER1 year

Filed as: MERCER (US) INC

Service code 99

21875 NETWORK PLACE · CHICAGO, IL 60673

Other Fees

$175,000

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: RETIREMENT PLAN CONSULTANTS, INC.

Service code 27

1208 LOYOLA DRIVE · LIBERTYVILLE, IL 60048

Advisory (Plan)

$22,975

WALTERS & SKLYAR LLP8 years

Service code 10

21031 VENTURA BLVD STE 401 · WOODLAND HILLS, CA 91364

Accounting

$22,000

BAKER TILLY US, LLP1 year

Filed as: BAKER TILLY US LLP

Service code 13 · EIN 06-1050034

2599 WILMINGTON RD · NEW CASTLE, PA 16105

Contract Administrator

$9,726

ACCENTCARE 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCENTCARE 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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