Retirement plan

ADVOCATE HEALTHCARE MANAGEMENT 401(K) PLAN

Name: ADVOCATE HEATHCARE MANAGEMENT, LLC - ADVOCATE HEALTHCARE MANAGEMENT 401(K) PLAN (2019) Form 5500
Creator: ADVOCATE HEATHCARE MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVOCATE HEALTHCARE MANAGEMENT 401(K) PLAN, ADVOCATE HEATHCARE MANAGEMENT, LLC

ADVOCATE HEATHCARE MANAGEMENT, LLCEIN 47-4486794Plan #001PY 2019

111 ORIENT AVE - EAST BOSTON, MA 02128617-455-6112

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$161K

No prior year

Total participants

168

No prior year

Average account balance

$14,663

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$748K

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

22.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$596

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

+7.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1430

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

Top 1 by compensation

Provider	Service type	Compensation
HERITAGE PENSION ADVISORS, LLC1+ years Filed as: HERITAGE PENSION ADVISORS INC Service code 15 · EIN 81-4903086	Recordkeeping	$215

Plan features & details

Pension benefit codes2G2J3D2K

Plan features

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.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$215

$1 / participant

Other / not subdivided$215100.0%

% of EOY assets

0.133%

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

$14,663

$52,961-72.3%

$172,755-91.5%

$65,185-77.5%

Participation rate

6.5%

66.2%-59.7pp

82.6%-76.1pp

70.2%-63.7pp

Annual return

0.00%

30.12%-30.1pp

802.94%-802.9pp

29.38%-29.4pp

Employer contribution / active EE

$2,190-100.0%

$5,144-100.0%

$2,177-100.0%

Participant deferral / active EE

$33

$2,471-98.7%

$5,198-99.4%

$3,514-99.1%

Admin fee / account holder

$20

$472-95.9%

$13,955-99.9%

$847-97.7%

Provider

Service type

Compensation

HERITAGE PENSION ADVISORS, LLC1+ years

Filed as: HERITAGE PENSION ADVISORS INC

Service code 15 · EIN 81-4903086

Recordkeeping

$215

ADVOCATE HEALTHCARE MANAGEMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADVOCATE HEALTHCARE MANAGEMENT 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