Retirement plan

DIALYSIS CENTER 401(K) RETIREMENT PLAN

Name: DIALYSIS CENTER OF LINCOLN INC. - DIALYSIS CENTER 401(K) RETIREMENT PLAN (2015) Form 5500
Creator: DIALYSIS CENTER OF LINCOLN INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIALYSIS CENTER 401(K) RETIREMENT PLAN, DIALYSIS CENTER OF LINCOLN INC.

DIALYSIS CENTER OF LINCOLN INC.EIN 47-0708725Plan #002PY 2015

7910 O STREET - LINCOLN, NE 68510402-489-5339

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$7.7M

No prior year

Total participants

120

No prior year

Average account balance

$69,664

No prior year

Annual return

0.86%

No prior year

Benchmarks

See 15,767 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort15,767 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.06M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

116

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.

86.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$486K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$498

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
UNION BANK & TRUST COMPANY1+ years Service code 12 · EIN 47-6174009	Claims processing; Securities brokera...	$40,564
MATRIX CLEARANCE AND SETTLEMENT1+ years Service code 33 · EIN 13-4046432	Sub-transfer agency fees; Securities ...	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$41K

$432 / participant

Other / not subdivided$41K100.0%

% of EOY assets

0.529%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MICHAEL L. CLYMER, CPA
Auditor EIN: 470819929
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,664

$75,832-8.1%

$147,617-52.8%

$59,633+16.8%

Participation rate

89.4%

71.6%+17.8pp

84.6%+4.7pp

68.7%+20.7pp

Annual return

0.86%

0.37%+0.5pp

61.98%-61.1pp

2041.45%-2040.6pp

Employer contribution / active EE

$3,672

$3,485+5.4%

$5,564-34.0%

$2,203+66.7%

Participant deferral / active EE

$2,509

$3,131-19.8%

$4,895-48.7%

$3,192-21.4%

Admin fee / account holder

$369

$5,986-93.8%

$11,612-96.8%

$4,297-91.4%

Provider

Service type

Compensation

UNION BANK & TRUST COMPANY1+ years

Service code 12 · EIN 47-6174009

Claims processing; Securities brokera...

$40,564

MATRIX CLEARANCE AND SETTLEMENT1+ years

Service code 33 · EIN 13-4046432

Sub-transfer agency fees; Securities ...

DIALYSIS CENTER 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIALYSIS CENTER 401(K) RETIREMENT 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