Retirement plan

AURORA SALARY DEFERRED SAVINGS PLAN

Name: AURORA CARES, LLC D/B/A TARA CARES - AURORA SALARY DEFERRED SAVINGS PLAN (2018) 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 2018

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

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$12.5M

-4.4% from 2017

Total participants

5,412

-4.6% from 2017

Average account balance

$21,611

-10.2% from 2017

Annual return

-5.70%

-21.54 pp from 2017

Benchmarks

See 232 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort232 peers

Snapshot2018

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 SOLUTIONS4+ years Service code 12 · EIN 13-3689044	Shareholder servicing fees; Distribut...	$84,204
CADARET GRANT & CO INC3 years Filed as: CADARET, GRANT & CO. INC. Service code 16 110 W FAYETTE ST · SYRACUSE, NY 13202	Consulting	$22,013
MID ATLANTIC CAPITAL CORPORATION4+ years Service code 33 · EIN 25-1409618	Securities brokerage commissions and ...	$0
NATIONAL FINANCIAL SERVICES4+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$74K

$14 / participant

Other / not subdivided$74K100.0%

% of EOY assets

0.597%

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

$21,611

$44,007-50.9%

$154,108-86.0%

$68,904-68.6%

Participation rate

8.7%

70.0%-61.4pp

83.0%-74.4pp

74.1%-65.5pp

Annual return

-5.70%

8.15%-13.8pp

735.21%-740.9pp

1.07%-6.8pp

Employer contribution / active EE

$1,732-100.0%

$5,298-100.0%

$2,540-100.0%

Participant deferral / active EE

$250

$2,813-91.1%

$5,081-95.1%

$4,015-93.8%

Admin fee / account holder

$129

$65+99.3%

$13,411-99.0%

$71+81.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Service code 12 · EIN 13-3689044

Shareholder servicing fees; Distribut...

$84,204

CADARET GRANT & CO INC3 years

Filed as: CADARET, GRANT & CO. INC.

Service code 16

110 W FAYETTE ST · SYRACUSE, NY 13202

Consulting

$22,013

MID ATLANTIC CAPITAL CORPORATION4+ years

Service code 33 · EIN 25-1409618

Securities brokerage commissions and ...

NATIONAL FINANCIAL SERVICES4+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

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