Retirement plan

DIALYSIS CENTER 401(K) RETIREMENT PLAN

Name: DIALYSIS CENTER OF LINCOLN INC. - DIALYSIS CENTER 401(K) RETIREMENT PLAN (2023) 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 2023

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

Prospect flagsHigh feesFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$9.4M

+9.0% from 2022

Total participants

140

-2.1% from 2022

Average account balance

$74,775

+9.8% from 2022

Annual return

16.45%

+31.69 pp from 2022

Benchmarks

See 20,804 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,804 peers

Snapshot2023

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 COMPANY9+ years Service code 12 · EIN 47-0321480	Investment management fees paid direc...	$53,282
MATRIX CLEARANCE AND SETTLEMENT9+ years Service code 33 · EIN 13-4046432	Securities brokerage; Sub-transfer ag...	$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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$53K

$579 / participant

Recordkeeping$53K100.0%

% of EOY assets

0.566%

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,775

$77,901-4.0%

$149,717-50.1%

$75,181-0.5%

Participation rate

84.8%

65.6%+19.2pp

78.8%+6.0pp

67.2%+17.6pp

Annual return

16.45%

31.73%-15.3pp

134.41%-118.0pp

160.69%-144.2pp

Employer contribution / active EE

$1,260

$3,137-59.8%

$4,820-73.9%

$2,671-52.8%

Participant deferral / active EE

$3,553

$3,411+4.2%

$5,682-37.5%

$4,126-13.9%

Admin fee / account holder

$423

$5,949-92.9%

$13,213-96.8%

$5,650-92.5%

Provider

Service type

Compensation

UNION BANK & TRUST COMPANY9+ years

Service code 12 · EIN 47-0321480

Investment management fees paid direc...

$53,282

MATRIX CLEARANCE AND SETTLEMENT9+ years

Service code 33 · EIN 13-4046432

Securities brokerage; Sub-transfer ag...

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