Retirement plan

US HEALTHVEST GROUP 401(K) PLAN

Name: 2014 HEALTH, LLC - US HEALTHVEST GROUP 401(K) PLAN (2020) Form 5500
Creator: 2014 HEALTH, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, US HEALTHVEST GROUP 401(K) PLAN, 2014 HEALTH, LLC

2014 HEALTH, LLCEIN 46-5717505Plan #001PY 2020

555 WILSON LANE - DES PLAINES, IL 60016847-768-5888

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.4M

+73.1% from 2019

Total participants

1,516

+11.5% from 2019

Average account balance

$17,134

+45.4% from 2019

Annual return

26.44%

-16.75 pp from 2019

Benchmarks

See 1,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,342 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.64M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

683

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.

21.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.41M

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

+14.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$180

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE3 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$36,661
CETERA ADVISOR NETWORKS LLC2 years Filed as: CETARA ADVISOR NETWORKS LLC Service code 27 C/O RETIREMENT PLAN SOLUTIONS TE · EL SEGUNDO, CA 90245	Advisory (Plan)	$11,250
EPIC RETIREMENT PLAN SERVICES1 year Filed as: RETIREMENT PLAN SOLUTIONS Service code 13 PO BOX 250 · TIPTON, PA 16684	Contract Administrator	$10,730
MMA SECURITIES LLC2 years Filed as: ASSURED PARTNERS NORTHEAST, LLC Service code 13 123 MAIN STREET · WHITE PLAINS, NY 10601	Contract Administrator	$10,466

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$47K

$33 / participant

Contract admin$47K100.0%

% of EOY assets

0.640%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,134

$56,095-69.5%

$178,499-90.4%

$90,274-81.0%

Participation rate

23.4%

65.6%-42.1pp

81.9%-58.5pp

73.4%-49.9pp

Annual return

26.44%

28.81%-2.4pp

151.10%-124.7pp

53.97%-27.5pp

Employer contribution / active EE

$680

$1,572-56.8%

$5,011-86.4%

$2,523-73.1%

Participant deferral / active EE

$1,145

$2,669-57.1%

$5,202-78.0%

$4,231-72.9%

Admin fee / account holder

$110

$101+8.9%

$13,986-99.2%

$114-3.9%

Provider

Service type

Compensation

NATIONWIDE3 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$36,661

CETERA ADVISOR NETWORKS LLC2 years

Filed as: CETARA ADVISOR NETWORKS LLC

Service code 27

C/O RETIREMENT PLAN SOLUTIONS TE · EL SEGUNDO, CA 90245

Advisory (Plan)

$11,250

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: RETIREMENT PLAN SOLUTIONS

Service code 13

PO BOX 250 · TIPTON, PA 16684

Contract Administrator

$10,730

MMA SECURITIES LLC2 years

Filed as: ASSURED PARTNERS NORTHEAST, LLC

Service code 13

123 MAIN STREET · WHITE PLAINS, NY 10601

Contract Administrator

$10,466

US HEALTHVEST GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

US HEALTHVEST GROUP 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