Retirement plan

GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN

Name: GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC. - GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN (2021) Form 5500
Creator: GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN, GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.

GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES, INC.EIN 39-1606449Plan #002PY 2021

1900 SOUTH AVENUE, BELL-02 - LA CROSSE, WI 54601608-782-7300

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$2638.9M

+13.2% from 2020

Total participants

9,184

+2.7% from 2020

Average account balance

$296,538

+10.8% from 2020

Annual return

16.07%

+1.99 pp from 2020

Benchmarks

See 226 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort226 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.87B

Not enough data

1 years with asset history on file

Average account balance

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

$257K

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.

11,187

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$151.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+17.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$225

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 7 by compensation

Provider	Service type	Compensation
SIT INVESTMENT ASSOCIATES7+ years Filed as: SIT INV ASSOC. Service code 28 · EIN 41-1404829	Investment Management	$637,729
DODGE & COX7+ years Service code 28 · EIN 95-1441976	Investment Management	$526,564
AMERICAN UNITED LIFE INSURANCE CO6 years Filed as: ONEAMERICA RETIREMENT SERVICES Service code 15 · EIN 46-5378846	Recordkeeping	$502,461
SYSTEMATIC FINANCIAL MANAGEMENT4 years Service code 28 · EIN 22-3367558	Investment Management	$329,072
ALLIANCE PENSION CONSULTANTS, LLC7+ years Filed as: ALLIANT INSURANCE SERVICES, Service code 23 · EIN 33-0785439	Direct payment from the plan; Insuran...	$110,968
BMO HARRIS BANK NA7+ years Filed as: BMO HARRIS BANK Service code 15 · EIN 39-1186267	Recordkeeping	$73,969
HAWKINS ASH CPAS7+ years Filed as: HAWKINS ASH CPAS, LLP Service code 10 · EIN 39-0912608	Accounting	$17,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.2M

$313 / participant

Investment mgmt$2M99.0%
Other / not subdivided$22K1.0%

% of EOY assets

0.083%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAWKINS ASH CPAS, LLP
Auditor EIN: 390912608
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$296,538

$69,238+328.3%

$185,837+59.6%

$101,517+192.1%

Participation rate

95.9%

73.5%+22.4pp

81.7%+14.2pp

74.6%+21.4pp

Annual return

16.07%

21.26%-5.2pp

122.08%-106.0pp

21.00%-4.9pp

Employer contribution / active EE

$9,762

$2,104+363.9%

$5,168+88.9%

$2,973+228.3%

Participant deferral / active EE

$5,405

$3,764+43.6%

$5,568-2.9%

$4,873+10.9%

Admin fee / account holder

$247

$66+272.5%

$16,241-98.5%

$139+77.2%

Provider

Service type

Compensation

SIT INVESTMENT ASSOCIATES7+ years

Filed as: SIT INV ASSOC.

Service code 28 · EIN 41-1404829

Investment Management

$637,729

DODGE & COX7+ years

Service code 28 · EIN 95-1441976

Investment Management

$526,564

AMERICAN UNITED LIFE INSURANCE CO6 years

Filed as: ONEAMERICA RETIREMENT SERVICES

Service code 15 · EIN 46-5378846

Recordkeeping

$502,461

SYSTEMATIC FINANCIAL MANAGEMENT4 years

Service code 28 · EIN 22-3367558

Investment Management

$329,072

ALLIANCE PENSION CONSULTANTS, LLC7+ years

Filed as: ALLIANT INSURANCE SERVICES,

Service code 23 · EIN 33-0785439

Direct payment from the plan; Insuran...

$110,968

BMO HARRIS BANK NA7+ years

Filed as: BMO HARRIS BANK

Service code 15 · EIN 39-1186267

Recordkeeping

$73,969

HAWKINS ASH CPAS7+ years

Filed as: HAWKINS ASH CPAS, LLP

Service code 10 · EIN 39-0912608

Accounting

$17,000

GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GUNDERSEN LUTHERAN EMPLOYEES' RETIREMENT 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