Retirement plan

TRINITI HOME HEALTH AND HOSPICE TAX DEFERRED ANNUITY PLAN

Name: GUARDIAN ANGELS - ELIM HOME CARE INC DBA TRINITI HOME HEALTH AND HOSPI - TRINITI HOME HEALTH AND HOSPICE TAX DEFERRED ANNUITY PLAN (2024) Form 5500
Creator: GUARDIAN ANGELS - ELIM HOME CARE INC DBA TRINITI HOME HEALTH AND HOSPI
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRINITI HOME HEALTH AND HOSPICE TAX DEFERRED ANNUITY PLAN, GUARDIAN ANGELS - ELIM HOME CARE INC DBA TRINITI HOME HEALTH AND HOSPI

GUARDIAN ANGELS - ELIM HOME CARE INC DBA TRINITI HOME HEALTH AND HOSPIEIN 41-1852308Plan #002PY 2024

403 MAIN ST - ELK RIVER, MN 553302604763-452-4104

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.6M

+27.5% from 2023

Total participants

+3.6% from 2023

Average account balance

$51,003

+16.6% from 2023

Annual return

13.89%

-5.10 pp from 2023

Benchmarks

See 21,691 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,691 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.57M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

114.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$419K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$830

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 codes2F2G2L2T2M3D3H

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$58K

$952 / participant

Other / not subdivided$58K100.0%

% of EOY assets

1.627%

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

$51,003

$81,358-37.3%

$155,556-67.2%

$80,959-37.0%

Participation rate

72.1%

66.3%+5.9pp

78.2%-6.1pp

67.7%+4.5pp

Annual return

13.89%

33.39%-19.5pp

64.84%-50.9pp

35.67%-21.8pp

Employer contribution / active EE

$2,000

$3,106-35.6%

$4,675-57.2%

$2,757-27.5%

Participant deferral / active EE

$4,874

$3,455+41.1%

$5,631-13.4%

$4,300+13.3%

Admin fee / account holder

$830

$7,994-89.6%

$15,885-94.8%

$6,925-88.0%

TRINITI HOME HEALTH AND HOSPICE TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRINITI HOME HEALTH AND HOSPICE TAX DEFERRED 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