Retirement plan

TRANSITIONAL LIVING CENTERS, INC. EMPLOYEES PROFIT SHARING PLAN & TRUST

Name: TRANSITIONAL LIVING CENTERS, INC. - TRANSITIONAL LIVING CENTERS, INC. EMPLOYEES PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: TRANSITIONAL LIVING CENTERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRANSITIONAL LIVING CENTERS, INC. EMPLOYEES PROFIT SHARING PLAN & TRUST, TRANSITIONAL LIVING CENTERS, INC.

TRANSITIONAL LIVING CENTERS, INC.EIN 34-1752737Plan #001PY 2024

6721 GRAFTON ROAD - VALLEY CITY, OH 44280330-273-5494tlcdd.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$5.3M

+24.4% from 2023

Total participants

134

+3.9% from 2023

Average account balance

$41,033

+24.4% from 2023

Annual return

12.36%

-2.06 pp from 2023

Benchmarks

See 5,998 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,998 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.29M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

129

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$956K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$278

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 2 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS5 years Filed as: TRANSAMERICA LIFE INSURANCE CO Service code 15 · EIN 39-0988791	Recordkeeping	$34,998
QUALIFIED PENSION CONSULTANTS, INC.4 years Service code 15 · EIN 87-1296893	Recordkeeping	$925

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$36K

$315 / participant

Contract admin$36K100.0%

% of EOY assets

0.679%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MALONEY & NOVOTNY LLC
Auditor EIN: 340677006
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,033

$55,437-26.0%

$155,534-73.6%

$74,459-44.9%

Participation rate

95.6%

61.9%+33.7pp

78.2%+17.4pp

67.2%+28.4pp

Annual return

12.36%

269.58%-257.2pp

64.92%-52.6pp

1369.70%-1357.3pp

Employer contribution / active EE

$7,966

$2,266+251.5%

$4,675+70.4%

$2,626+203.4%

Participant deferral / active EE

$418

$2,837-85.3%

$5,630-92.6%

$4,350-90.4%

Admin fee / account holder

$278

$1,742-84.0%

$15,900-98.2%

$1,945-85.7%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5 years

Filed as: TRANSAMERICA LIFE INSURANCE CO

Service code 15 · EIN 39-0988791

Recordkeeping

$34,998

QUALIFIED PENSION CONSULTANTS, INC.4 years

Service code 15 · EIN 87-1296893

Recordkeeping

$925

TRANSITIONAL LIVING CENTERS, INC. EMPLOYEES PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRANSITIONAL LIVING CENTERS, INC. EMPLOYEES PROFIT SHARING PLAN & TRUST

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