Retirement plan

BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN

Name: BAY AREA LUTHERAN HOMES, INC. - BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN (2018) Form 5500
Creator: BAY AREA LUTHERAN HOMES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN, BAY AREA LUTHERAN HOMES, INC.

BAY AREA LUTHERAN HOMES, INC.EIN 39-1034534Plan #001PY 2018

1040 PILGRIM WAY - GREEN BAY, WI 54304920-499-1481LinkedIn201-500 employeeshospital & health care

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$3.4M

-5.4% from 2017

Total participants

418

+18.1% from 2017

Average account balance

$25,369

-18.0% from 2017

Annual return

-5.39%

-19.79 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

$5.43M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

144

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.

29.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$540K

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

+13.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$219

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 1 by compensation

Provider	Service type	Compensation
ASSOCIATED TRUST COMPANY4+ years Filed as: ASSOCIATED TRUST, N.A. Service code 15 · EIN 30-0219031	Recordkeeping	$27,126

Plan features & details

Pension benefit codes2F2G2L2M2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$27K

$70 / participant

Investment mgmt$26K94.9%
Other / not subdivided$1K5.1%

% of EOY assets

0.792%

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: HERMANS & ASSOCIATES C.P.A.
Auditor EIN: 391421794
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,369

$37,196-31.8%

$154,108-83.5%

$55,725-54.5%

Participation rate

27.4%

64.1%-36.7pp

83.0%-55.6pp

70.9%-43.4pp

Annual return

-5.39%

1319.68%-1325.1pp

735.21%-740.6pp

244.93%-250.3pp

Employer contribution / active EE

$119

$1,614-92.6%

$5,298-97.7%

$2,078-94.3%

Participant deferral / active EE

$682

$2,068-67.0%

$5,081-86.6%

$3,356-79.7%

Admin fee / account holder

$201

$102+97.8%

$13,411-98.5%

$115+74.4%

Provider

Service type

Compensation

ASSOCIATED TRUST COMPANY4+ years

Filed as: ASSOCIATED TRUST, N.A.

Service code 15 · EIN 30-0219031

Recordkeeping

$27,126

BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAY AREA LUTHERAN HOMES, INC. TAX SHELTERED 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