Retirement plan

TLC HOMES DBAVISTA CARE EMPLOYEES 401(K) PLAN

Name: TLC HOMES DBA VISTA CARE WISCONSIN, INC. - TLC HOMES DBAVISTA CARE EMPLOYEES 401(K) PLAN (2021) Form 5500
Creator: TLC HOMES DBA VISTA CARE WISCONSIN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TLC HOMES DBAVISTA CARE EMPLOYEES 401(K) PLAN, TLC HOMES DBA VISTA CARE WISCONSIN, INC.

TLC HOMES DBA VISTA CARE WISCONSIN, INC.EIN 39-1833091Plan #001PY 2021

708 ERIE AVE SUITE 201 - SHEBOYGAN, WI 53081920-457-0816

Prospect flagsLow participationLow employer contributionLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$2.4M

+25.3% from 2020

Total participants

395

+1.8% from 2020

Average account balance

$24,450

-42.4% from 2020

Annual return

17.88%

-4.56 pp from 2020

Benchmarks

See 3,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,805 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$4.31M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

185

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.

15.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$747K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$943

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

+26.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$233

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64	Recordkeeping Fees	$11,598
PARK AVENUE SECURITIES LLC1 year Filed as: PARK CAPITAL MANAGMENT LLC Service code 27 PO BOX 258009 · MADISON, WI 53725	Advisory (Plan)	$8,607
NATIONAL ADMINISTRATION, INC.1 year Filed as: NATIONAL ADMINISTRATION INC Service code 13 878 W AIRPORT ROAD · MENASHA, WI 54952	Contract Administrator	$3,569
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLIAGE, CO 80111	Investment Management	$1,011

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$21K

$58 / participant

Contract admin$21K100.0%

% of EOY assets

0.891%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: WEGNER CPAS
Auditor EIN: 390974031
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,450

$56,485-56.7%

$185,823-86.8%

$86,799-71.8%

Participation rate

19.9%

65.5%-45.5pp

81.7%-61.8pp

72.3%-52.3pp

Annual return

17.88%

118.04%-100.2pp

122.05%-104.2pp

97.91%-80.0pp

Employer contribution / active EE

$266

$1,843-85.5%

$5,167-94.8%

$2,405-88.9%

Participant deferral / active EE

$508

$2,553-80.1%

$5,568-90.9%

$4,131-87.7%

Admin fee / account holder

$218

$150+45.7%

$16,237-98.7%

$170+28.5%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 64

Recordkeeping Fees

$11,598

PARK AVENUE SECURITIES LLC1 year

Filed as: PARK CAPITAL MANAGMENT LLC

Service code 27

PO BOX 258009 · MADISON, WI 53725

Advisory (Plan)

$8,607

NATIONAL ADMINISTRATION, INC.1 year

Filed as: NATIONAL ADMINISTRATION INC

Service code 13

878 W AIRPORT ROAD · MENASHA, WI 54952

Contract Administrator

$3,569

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLIAGE, CO 80111

Investment Management

$1,011

TLC HOMES DBAVISTA CARE EMPLOYEES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TLC HOMES DBAVISTA CARE EMPLOYEES 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