Retirement plan

TULLIS HEALTH INVESTORS 401(K) PLAN

Name: TULLIS HEALTH INVESTORS OF FLORIDA, LLC - TULLIS HEALTH INVESTORS 401(K) PLAN (2019) Form 5500
Creator: TULLIS HEALTH INVESTORS OF FLORIDA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TULLIS HEALTH INVESTORS 401(K) PLAN, TULLIS HEALTH INVESTORS OF FLORIDA, LLC

TULLIS HEALTH INVESTORS OF FLORIDA, LLCEIN 45-5408213Plan #001PY 2019

11770 US HIGHWAY 1, SUITE 503 - PALM BEACH GARDENS, FL 33408561-200-3300tullisfunds.comLinkedIn11-50 employeesventure capital & private equity

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$2.2M

+25.0% from 2018

Total participants

-6.7% from 2018

Average account balance

$182,423

+25.0% from 2018

Annual return

21.45%

+28.40 pp from 2018

Benchmarks

See 31,991 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,991 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$681K

Not enough data

1 years with asset history on file

Average account balance

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

$170K

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$663

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$3K

$482 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.154%

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

$182,423

$183,988-0.9%

$162,177+12.5%

$152,897+19.3%

Participation rate

71.4%

88.5%-17.1pp

87.6%-16.1pp

82.5%-11.0pp

Annual return

21.45%

150.79%-129.3pp

115.60%-94.2pp

345.43%-324.0pp

Employer contribution / active EE

$6,370-100.0%

$5,613-100.0%

$4,764-100.0%

Participant deferral / active EE

$9,379

$8,032+16.8%

$7,297+28.5%

$5,851+60.3%

Admin fee / account holder

$281

$13,123-97.9%

$10,843-97.4%

$11,599-97.6%

TULLIS HEALTH INVESTORS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TULLIS HEALTH INVESTORS 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