Retirement plan

ST. LUKE'S MANAGEMENT, INC. INTERNAL REVENUE CODE SECTION 403(B) TAX

Name: ST LUKE'S NURSING CENTER, INC. - ST. LUKE'S MANAGEMENT, INC. INTERNAL REVENUE CODE SECTION 403(B) TAX (2019) Form 5500
Creator: ST LUKE'S NURSING CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. LUKE'S MANAGEMENT, INC. INTERNAL REVENUE CODE SECTION 403(B) TAX, ST LUKE'S NURSING CENTER, INC.

ST LUKE'S NURSING CENTER, INC.EIN 43-1430756Plan #002PY 2019

1220 E FAIRVIEW AVE - CARTHAGE, MO 648363122417-358-9084

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

+13.2% from 2018

Total participants

-12.7% from 2018

Average account balance

$32,331

+32.8% from 2018

Annual return

12.28%

+13.49 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$672K

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

123.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$55K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11831

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 codes2F2G2L2M2T3D

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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$90K

$2189 / participant

Other / not subdivided$90K100.0%

% of EOY assets

6.036%

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

$32,331

$85,171-62.0%

$172,753-81.3%

$72,976-55.7%

Participation rate

95.1%

70.1%+25.1pp

82.6%+12.5pp

69.5%+25.6pp

Annual return

12.28%

27.32%-15.0pp

803.00%-790.7pp

81.02%-68.7pp

Employer contribution / active EE

$1,333

$3,324-59.9%

$5,144-74.1%

$2,440-45.4%

Participant deferral / active EE

$1,125

$3,260-65.5%

$5,198-78.4%

$3,608-68.8%

Admin fee / account holder

$1,951

$5,880-66.8%

$13,956-86.0%

$5,124-61.9%

ST. LUKE'S MANAGEMENT, INC. INTERNAL REVENUE CODE SECTION 403(B) TAX

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. LUKE'S MANAGEMENT, INC. INTERNAL REVENUE CODE SECTION 403(B) TAX

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