Retirement plan

EMPLOYEE BENEFIT PLAN OF TIDELANDS / GHS JOINT VENTURE, LLC

Name: TIDELANDS / GHS JOINT VENTURE, LLC - EMPLOYEE BENEFIT PLAN OF TIDELANDS / GHS JOINT VENTURE, LLC (2020) Form 5500
Creator: TIDELANDS / GHS JOINT VENTURE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF TIDELANDS / GHS JOINT VENTURE, LLC, TIDELANDS / GHS JOINT VENTURE, LLC

TIDELANDS / GHS JOINT VENTURE, LLCEIN 46-2046659Plan #001PY 2020

2591 N FRASER ST - GEORGETOWN, SC 294406411843-546-3410

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$979K

+3.1% from 2019

Total participants

-5.5% from 2019

Average account balance

$19,972

+15.7% from 2019

Annual return

7.46%

-12.38 pp from 2019

Benchmarks

See 18,633 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,633 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.50M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129K

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

+12.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$603

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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$119K

$3704 / participant

Other / not subdivided$119K100.0%

% of EOY assets

12.110%

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

$19,972

$91,179-78.1%

$178,499-88.8%

$79,852-75.0%

Participation rate

90.6%

69.2%+21.4pp

81.9%+8.7pp

69.6%+21.0pp

Annual return

7.46%

24.19%-16.7pp

151.10%-143.6pp

31.72%-24.3pp

Employer contribution / active EE

$714

$3,256-78.1%

$5,011-85.7%

$2,471-71.1%

Participant deferral / active EE

$1,640

$3,236-49.3%

$5,202-68.5%

$3,740-56.2%

Admin fee / account holder

$2,419

$6,749-64.2%

$13,986-82.7%

$5,306-54.4%

EMPLOYEE BENEFIT PLAN OF TIDELANDS / GHS JOINT VENTURE, LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF TIDELANDS / GHS JOINT VENTURE, LLC

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