Retirement plan

AURORA SALARY DEFERRED SAVINGS PLAN

Name: AURORA CARES, LLC D/B/A TARA CARES - AURORA SALARY DEFERRED SAVINGS PLAN (2016) Form 5500
Creator: AURORA CARES, LLC D/B/A TARA CARES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AURORA SALARY DEFERRED SAVINGS PLAN, AURORA CARES, LLC D/B/A TARA CARES

AURORA CARES, LLC D/B/A TARA CARESEIN 36-4530507Plan #001PY 2016

3690 SOUTHWESTERN BLVD - ORCHARD PARK, NY 14127716-972-2387LinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$10.9M

+12.9% from 2015

Total participants

2,941

-18.9% from 2015

Average account balance

$3,713

-80.0% from 2015

Annual return

9.25%

+10.13 pp from 2015

Benchmarks

See 1,286 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,286 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.42M

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.

526

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.

6.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$268

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

+13.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$144

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 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 12 · EIN 13-3689044	Claims processing; Sales loads (front...	$65,869
CADARET GRANT & CO INC1 year Filed as: CADARET, GRANT & CO. INC. Service code 16 110 W FAYETTE ST · SYRACUSE, NY 13202	Consulting	$17,599
MID ATLANTIC CAPITAL CORPORATION2+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2J2T3D3H

Plan features

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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$66K

$30 / participant

Other / not subdivided$66K100.0%

% of EOY assets

0.603%

all-in expense ratio

Categories reported

0 / 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: FREED MAXICK CPAS
Auditor EIN: 454051133
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,713

$37,213-90.0%

$156,551-97.6%

$63,975-94.2%

Participation rate

100.0%

65.0%+35.0pp

84.0%+16.0pp

71.1%+28.9pp

Annual return

9.25%

47.89%-38.6pp

32.23%-23.0pp

48.65%-39.4pp

Employer contribution / active EE

$1,357-100.0%

$5,501-100.0%

$2,182-100.0%

Participant deferral / active EE

$523

$2,070-74.7%

$4,871-89.3%

$3,356-84.4%

Admin fee / account holder

$22

$56-60.3%

$13,028-99.8%

$70-68.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Claims processing; Sales loads (front...

$65,869

CADARET GRANT & CO INC1 year

Filed as: CADARET, GRANT & CO. INC.

Service code 16

110 W FAYETTE ST · SYRACUSE, NY 13202

Consulting

$17,599

MID ATLANTIC CAPITAL CORPORATION2+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES2+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

AURORA SALARY DEFERRED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AURORA SALARY DEFERRED 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