Retirement plan

EVERGREEN SENIOR MANAGEMENT LLC 401(K) PLAN

Name: EVERGREEN SENIOR MANAGEMENT LLC - EVERGREEN SENIOR MANAGEMENT LLC 401(K) PLAN (2021) Form 5500
Creator: EVERGREEN SENIOR MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EVERGREEN SENIOR MANAGEMENT LLC 401(K) PLAN, EVERGREEN SENIOR MANAGEMENT LLC

EVERGREEN SENIOR MANAGEMENT LLCEIN 46-3140763Plan #001PY 2021

660 SENTRY PARKWAY. SUITE 220 - BLUE BELL, PA 19422215-793-4445LinkedIn501-1000 employeeshospital & health care

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$8.7M

+18.6% from 2020

Total participants

1,092

-20.4% from 2020

Average account balance

$17,052

+20.2% from 2020

Annual return

12.68%

-13.42 pp from 2020

Benchmarks

See 3,799 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,799 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.54M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

416

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.

32.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+10.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
ALLIANCE PENSION CONSULTANTS, LLC2 years Filed as: ALLIANT INSURANCE SERVICES,INC. Service code 64 · EIN 33-0785439 101 PARK AVENUE · NEW YORK, NY 10178	Recordkeeping Fees	$30,023
NATIONWIDE2 years Filed as: NATIONWIDE LIFE INSURANCE CO. Service code 64 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$25,483

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$56K

$66 / participant

Other / not subdivided$56K100.0%

% of EOY assets

0.641%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCCARTHY & COMPANY, PC
Auditor EIN: 232851329
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,052

$56,540-69.8%

$185,849-90.8%

$86,821-80.4%

Participation rate

30.9%

65.5%-34.6pp

81.7%-50.8pp

72.3%-41.4pp

Annual return

12.68%

118.20%-105.5pp

122.10%-109.4pp

97.94%-85.3pp

Employer contribution / active EE

$538

$1,844-70.8%

$5,169-89.6%

$2,406-77.7%

Participant deferral / active EE

$859

$2,555-66.4%

$5,569-84.6%

$4,132-79.2%

Admin fee / account holder

$109

$150-27.0%

$16,244-99.3%

$170-35.6%

Provider

Service type

Compensation

ALLIANCE PENSION CONSULTANTS, LLC2 years

Filed as: ALLIANT INSURANCE SERVICES,INC.

Service code 64 · EIN 33-0785439

101 PARK AVENUE · NEW YORK, NY 10178

Recordkeeping Fees

$30,023

NATIONWIDE2 years

Filed as: NATIONWIDE LIFE INSURANCE CO.

Service code 64

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$25,483

EVERGREEN SENIOR MANAGEMENT LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EVERGREEN SENIOR MANAGEMENT LLC 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