Retirement plan

HAWTHORN SENIOR LIVING LLC 401(K) PLAN

Name: HAWTHORN SENIOR LIVING, LLC - HAWTHORN SENIOR LIVING LLC 401(K) PLAN (2024) Form 5500
Creator: HAWTHORN SENIOR LIVING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAWTHORN SENIOR LIVING LLC 401(K) PLAN, HAWTHORN SENIOR LIVING, LLC

HAWTHORN SENIOR LIVING, LLCEIN 37-1860512Plan #001PY 2024

9310 NE VANCOUVER MALL DR. - VANCOUVER, WA 98662360-213-1550seniorlivinginstyle.comLinkedIn1001-5000 employeeshospitality

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$14.5M

+13.8% from 2023

Total participants

1,587

+3.4% from 2023

Average account balance

$32,297

+9.0% from 2023

Annual return

12.39%

-4.46 pp from 2023

Benchmarks

See 308 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort308 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.50M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

449

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.

22.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.33M

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

+12.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$320

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 6 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY6 years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 13 PO BOX 990067 · HARTFORD, CT 061990067	Contract Administrator	$68,242
REDW LLC1 year Service code 10 475 COTTAGE ST NE · SALEM, OR 97301	Accounting	$24,000
INDEPENDENT RETIREMENT6 years Service code 49 6500 S MACADAM AVE, STE 100 · PORTLAND, OR 97239	Other Services	$21,684
NORTHWEST CAPITAL MANAGEMENT, INC.5 years Filed as: NORTHWEST CAPITAL MANAGEMENT INC Service code 27 13333 SW 68TH PKWY SUITE #230 · TIGARD, OR 97223	Advisory (Plan)	$19,122
SAALFELD GRIGGS PC7 years Service code 10 · EIN 93-0877291	Accounting	$8,776
ALPHA PENSION GROUP, INC.2 years Filed as: ALPHA IMPRESSIONS Service code 36 19300 NE 112TH AVE · BATTLE GROUND, WA 98604	Copying and duplicating	$6,556

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$144K

$98 / participant

Recordkeeping$2K1.5%
Investment mgmt$19K13.3%
Legal$9K6.1%
Other trustee fees$7K4.6%
Contract admin$83K57.8%
Other / not subdivided$24K16.8%

% of EOY assets

0.992%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: REDW LLC
Auditor EIN: 850203431
Audit fees: $24,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,297

$31,741+1.8%

$56,025-42.4%

$200,096-83.9%

Participation rate

22.2%

32.3%-10.2pp

52.5%-30.3pp

72.0%-49.9pp

Annual return

12.39%

14.72%-2.3pp

1712.69%-1700.3pp

34.26%-21.9pp

Employer contribution / active EE

$502

$508-1.0%

$1,042-51.8%

$3,038-83.5%

Participant deferral / active EE

$1,094

$1,184-7.6%

$1,955-44.0%

$5,090-78.5%

Admin fee / account holder

$320

$426-24.8%

$2,828-88.7%

$269+19.0%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY6 years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 13

PO BOX 990067 · HARTFORD, CT 061990067

Contract Administrator

$68,242

REDW LLC1 year

Service code 10

475 COTTAGE ST NE · SALEM, OR 97301

Accounting

$24,000

INDEPENDENT RETIREMENT6 years

Service code 49

6500 S MACADAM AVE, STE 100 · PORTLAND, OR 97239

Other Services

$21,684

NORTHWEST CAPITAL MANAGEMENT, INC.5 years

Filed as: NORTHWEST CAPITAL MANAGEMENT INC

Service code 27

13333 SW 68TH PKWY SUITE #230 · TIGARD, OR 97223

Advisory (Plan)

$19,122

SAALFELD GRIGGS PC7 years

Service code 10 · EIN 93-0877291

Accounting

$8,776

ALPHA PENSION GROUP, INC.2 years

Filed as: ALPHA IMPRESSIONS

Service code 36

19300 NE 112TH AVE · BATTLE GROUND, WA 98604

Copying and duplicating

$6,556

HAWTHORN SENIOR LIVING LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAWTHORN SENIOR LIVING LLC 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