Retirement plan

BETHANY LUTHERAN HOMES 401(K) PLAN

Name: BETHANY LUTHERAN HOMES, INC. - BETHANY LUTHERAN HOMES 401(K) PLAN (2018) Form 5500
Creator: BETHANY LUTHERAN HOMES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BETHANY LUTHERAN HOMES 401(K) PLAN, BETHANY LUTHERAN HOMES, INC.

BETHANY LUTHERAN HOMES, INC.EIN 39-0909446Plan #001PY 2018

2575 S. 7TH STREET - LA CROSSE, WI 54601608-406-3880

Prospect flagsLow participation

Top hat statement on fileNQDC

Filed February 7, 2023

Plan administrator

Plan administrator name— Sign in and upgrade to view

2575 South 7th Street

LaCrosse, WI 54601

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Plans declared (1)

Eagle Crest Executive Reward and Retention Plan2 emp

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Total assets (EOY)

$7.5M

-4.1% from 2017

Total participants

511

+3.4% from 2017

Average account balance

$45,727

-5.2% from 2017

Annual return

-3.89%

-21.30 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.24M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

169

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.

28.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$785K

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

+11.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$293

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
BRONFMAN E.L. ROTHSCHILD3 years Service code 10 · EIN 39-1908691	Accounting	$24,630
THE VANGUARD GROUP, INC.3 years Service code 12 · EIN 23-1945930	Direct payment from the plan; Claims ...	$13,215

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

$38K

$78 / participant

Investment mgmt$24K63.5%
Contract admin$12K31.7%
Other / not subdivided$2K4.8%

% of EOY assets

0.505%

all-in expense ratio

Categories reported

2 / 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: HAWKINS ASH CPAS , LLP
Auditor EIN: 390912608
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,727

$37,196+22.9%

$154,108-70.3%

$55,725-17.9%

Participation rate

28.3%

64.1%-35.8pp

83.0%-54.7pp

70.9%-42.5pp

Annual return

-3.89%

1319.68%-1323.6pp

735.21%-739.1pp

244.93%-248.8pp

Employer contribution / active EE

$433

$1,614-73.2%

$5,298-91.8%

$2,078-79.2%

Participant deferral / active EE

$938

$2,068-54.7%

$5,081-81.5%

$3,356-72.1%

Admin fee / account holder

$231

$102+127.1%

$13,411-98.3%

$115+100.3%

Provider

Service type

Compensation

BRONFMAN E.L. ROTHSCHILD3 years

Service code 10 · EIN 39-1908691

Accounting

$24,630

THE VANGUARD GROUP, INC.3 years

Service code 12 · EIN 23-1945930

Direct payment from the plan; Claims ...

$13,215

BETHANY LUTHERAN HOMES 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BETHANY LUTHERAN HOMES 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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