Retirement plan

ST. MARKS LUTHERAN HOME, INC. UNION EMPLOYEES 401K PROFIT SHARING PLAN & TRUST

Name: ST. MARKS LUTHERAN HOME, INC. - ST. MARKS LUTHERAN HOME, INC. UNION EMPLOYEES 401K PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: ST. MARKS LUTHERAN HOME, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. MARKS LUTHERAN HOME, INC. UNION EMPLOYEES 401K PROFIT SHARING PLAN & TRUST, ST. MARKS LUTHERAN HOME, INC.

ST. MARKS LUTHERAN HOME, INC.EIN 41-0859697Plan #003PY 2016

400 15TH AVE SW - AUSTIN, MN 559123232507-437-4594LinkedIn11-50 employeesreligious institutions

Other plans on this EIN

1 filing

#001Retirement-$527K assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$290K

No prior year

Total participants

No prior year

Average account balance

$3,715

No prior year

Annual return

7.76%

No prior year

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$472K

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

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.

118.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$180

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

+13.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$111

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D2T

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$22K

$338 / participant

Other / not subdivided$22K100.0%

% of EOY assets

7.468%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,715

$77,638-95.2%

$156,551-97.6%

$62,881-94.1%

Participation rate

70.3%

71.2%-0.9pp

84.0%-13.7pp

69.3%+1.0pp

Annual return

7.76%

50.33%-42.6pp

32.23%-24.5pp

20.14%-12.4pp

Employer contribution / active EE

$689

$3,444-80.0%

$5,501-87.5%

$2,281-69.8%

Participant deferral / active EE

$3,046-100.0%

$4,871-100.0%

$3,203-100.0%

Admin fee / account holder

$277

$5,561-95.0%

$13,028-97.9%

$4,296-93.5%

ST. MARKS LUTHERAN HOME, INC. UNION EMPLOYEES 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. MARKS LUTHERAN HOME, INC. UNION EMPLOYEES 401K PROFIT SHARING PLAN & TRUST

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