Retirement plan

LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI 401(K) PLAN

Name: LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI, INC. - LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI 401(K) PLAN (2021) Form 5500
Creator: LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI 401(K) PLAN, LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI, INC.

LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI, INC.EIN 43-0652650Plan #002PY 2021

9666 OLIVE BOULEVARD, SUITE 400 - ST. LOUIS, MO 63132314-534-1515LinkedIn1-10 employeesmedical practice

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$6.4M

+12.1% from 2020

Total participants

252

-8.0% from 2020

Average account balance

$35,512

+22.6% from 2020

Annual return

11.80%

-2.24 pp from 2020

Benchmarks

See 1,682 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,682 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.53M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

149

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.

53.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$634K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.6 years Service code 15 · EIN 27-2037969	Recordkeeping	$24,036

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$24K

$137 / participant

Contract admin$24K100.0%

% of EOY assets

0.374%

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: UHY LLP
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,512

$63,768-44.3%

$98,483-63.9%

$79,391-55.3%

Participation rate

59.7%

69.9%-10.2pp

73.3%-13.7pp

70.7%-11.1pp

Annual return

11.80%

626.18%-614.4pp

1494.38%-1482.6pp

116.88%-105.1pp

Employer contribution / active EE

$1,127

$2,558-55.9%

$2,961-61.9%

$2,428-53.6%

Participant deferral / active EE

$2,330

$3,305-29.5%

$4,276-45.5%

$4,046-42.4%

Admin fee / account holder

$133

$516-74.3%

$5,953-97.8%

$627-78.8%

Provider

Service type

Compensation

NEWPORT GROUP, INC.6 years

Service code 15 · EIN 27-2037969

Recordkeeping

$24,036

LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LUTHERAN FAMILY & CHILDREN'S SERVICES OF MISSOURI 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