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 (2024) 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 2024

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$672K

-25.7% from 2023

Total participants

0.0% from 2023

Average account balance

$20,993

-28.1% from 2023

Annual return

9.78%

-0.13 pp from 2023

Benchmarks

See 21,729 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,729 peers

Snapshot2024

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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$379K

$14562 / participant

Other / not subdivided$379K100.0%

% of EOY assets

56.359%

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

$20,993

$81,276-74.2%

$155,574-86.5%

$80,925-74.1%

Participation rate

96.2%

66.2%+29.9pp

78.2%+17.9pp

67.7%+28.5pp

Annual return

9.78%

33.36%-23.6pp

64.87%-55.1pp

35.65%-25.9pp

Employer contribution / active EE

$1,089

$3,103-64.9%

$4,676-76.7%

$2,756-60.5%

Participant deferral / active EE

$1,041

$3,453-69.9%

$5,629-81.5%

$4,299-75.8%

Admin fee / account holder

$11,831

$7,993+48.0%

$15,914-25.7%

$6,940+70.5%

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