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 (2022) 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 2022

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

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$845K

-11.8% from 2021

Total participants

-11.9% from 2021

Average account balance

$24,150

-1.7% from 2021

Annual return

-11.26%

-21.16 pp from 2021

Benchmarks

See 105,950 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,950 peers

Snapshot2022

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

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

$120K

$5018 / participant

Other / not subdivided$120K100.0%

% of EOY assets

14.248%

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

$24,150

$167,362-85.6%

$143,799-83.2%

$134,532-82.0%

Participation rate

91.7%

84.8%+6.8pp

80.3%+11.4pp

81.2%+10.4pp

Annual return

-11.26%

0.47%-11.7pp

-0.04%-11.2pp

418.27%-429.5pp

Employer contribution / active EE

$2,461

$5,620-56.2%

$4,952-50.3%

$4,741-48.1%

Participant deferral / active EE

$2,320

$6,447-64.0%

$5,638-58.9%

$6,401-63.8%

Admin fee / account holder

$3,441

$18,094-81.0%

$14,677-76.6%

$11,429-69.9%

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