Retirement plan

OAKWOOD LUTHERAN HOMES ASSOCIATION, INC. TAX DEFERRED ANNUITY PLAN

Name: OAKWOOD LUTHERAN HOMES ASSOCIATION, INC. - OAKWOOD LUTHERAN HOMES ASSOCIATION, INC. TAX DEFERRED ANNUITY PLAN (2015) Form 5500
Creator: OAKWOOD LUTHERAN HOMES ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OAKWOOD LUTHERAN HOMES ASSOCIATION, INC. TAX DEFERRED ANNUITY PLAN, OAKWOOD LUTHERAN HOMES ASSOCIATION, INC.

OAKWOOD LUTHERAN HOMES ASSOCIATION, INC.EIN 39-0790565Plan #001PY 2015

6165 MINERAL POINT ROAD - MADISON, WI 53705608-230-4279LinkedIn1-10 employeeshospital & health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.5M

No prior year

Total participants

704

No prior year

Average account balance

$35,532

No prior year

Annual return

0.87%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.04M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

391

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.

33.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$107

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
BMO HARRIS BANK NA1+ years Filed as: BMO HARRIS BANK, NA Service code 15 · EIN 36-2085229	Recordkeeping	$32,074
MUSSER CAPITAL ADVISORS, LLC1+ years Service code 27 406 SCIENCE DRIVE, STE 204 · MADISON, WI 537111071	Advisory (Plan)	$18,614
AMERICAN UNITED LIFE INSURANCE CO1+ years Filed as: ONEAMERICA RETIREMENT SERVICES, LLC Service code 15 · EIN 46-5378846	Recordkeeping	$14,204
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Service code 12 · EIN 13-3689044	Claims processing; Recordkeeping fees...	$50

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$65K

$101 / participant

Investment mgmt$19K28.7%
Other / not subdivided$46K71.3%

% of EOY assets

0.687%

all-in expense ratio

Categories reported

1 / 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: SMITH & GESTELAND, LLP
Auditor EIN: 390857178
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,532

$37,117-4.3%

$147,617-75.9%

$55,191-35.6%

Participation rate

31.7%

63.6%-31.9pp

84.6%-53.0pp

69.2%-37.5pp

Annual return

0.87%

3.44%-2.6pp

61.98%-61.1pp

10.78%-9.9pp

Employer contribution / active EE

$408

$1,620-74.8%

$5,564-92.7%

$1,899-78.5%

Participant deferral / active EE

$1,179

$1,985-40.6%

$4,895-75.9%

$3,046-61.3%

Admin fee / account holder

$244

$86+185.3%

$11,612-97.9%

$91+168.9%

Provider

Service type

Compensation

BMO HARRIS BANK NA1+ years

Filed as: BMO HARRIS BANK, NA

Service code 15 · EIN 36-2085229

Recordkeeping

$32,074

MUSSER CAPITAL ADVISORS, LLC1+ years

Service code 27

406 SCIENCE DRIVE, STE 204 · MADISON, WI 537111071

Advisory (Plan)

$18,614

AMERICAN UNITED LIFE INSURANCE CO1+ years

Filed as: ONEAMERICA RETIREMENT SERVICES, LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$14,204

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Service code 12 · EIN 13-3689044

Claims processing; Recordkeeping fees...

$50

OAKWOOD LUTHERAN HOMES ASSOCIATION, INC. TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OAKWOOD LUTHERAN HOMES ASSOCIATION, INC. TAX DEFERRED ANNUITY 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