Retirement plan

ELARA CARING NATIONAL 401(K) PLAN

Name: BW NHHC HOLDCO INC., DBA ELARA CARING - ELARA CARING NATIONAL 401(K) PLAN (2020) Form 5500
Creator: BW NHHC HOLDCO INC., DBA ELARA CARING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELARA CARING NATIONAL 401(K) PLAN, BW NHHC HOLDCO INC., DBA ELARA CARING

BW NHHC HOLDCO INC., DBA ELARA CARINGEIN 47-5221330Plan #002PY 2020

3010 LYNDON B JOHNSON FWY, SUITE 1100 - DALLAS, TX 75234972-404-5806

Other plans on this EIN

1 filing

#001Retirement-$53.2M assets

Prospect flagsLow returnsLow participationLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$79.5M

No prior year

Total participants

10,441

No prior year

Average account balance

$13,685

No prior year

Annual return

3.05%

No prior year

Benchmarks

See 223 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort223 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$186.13M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

7,508

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.

17.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$734

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)

$75

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

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Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS1+ years Filed as: SENTINEL BENEFITS & FINANCIAL GROUP Service code 37 · EIN 20-5916766	Loan Processing	$262,532
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 37 · EIN 04-2647786	Loan Processing	$208,658
SHERIDAN ROAD ADVISORS LLC1+ years Filed as: HUB INTERNATIONAL INV ADV SERV Service code 27 · EIN 82-2966199	Advisory (Plan)	$37,500
NATIONAL FINANCIAL SERVICES1+ years Filed as: NATIONAL FINANCIAL SERVICES LLC Service code 19 · EIN 04-3523567	Securities Custodian	$11,615
RELIANCE TRUST COMPANY1+ years Service code 21 · EIN 58-1428634	Bank Trustee	$10,620

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

5 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.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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

$498K

$50 / participant

Other / not subdivided$498K100.0%

% of EOY assets

0.626%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BAKER TILLY US LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,685

$63,259-78.4%

$178,490-92.3%

$93,223-85.3%

Participation rate

53.6%

72.1%-18.5pp

81.9%-28.3pp

74.9%-21.3pp

Annual return

3.05%

19.93%-16.9pp

151.07%-148.0pp

19.29%-16.2pp

Employer contribution / active EE

$332

$1,865-82.2%

$5,011-93.4%

$2,680-87.6%

Participant deferral / active EE

$538

$3,372-84.1%

$5,202-89.7%

$4,563-88.2%

Admin fee / account holder

$86

$58+47.7%

$13,984-99.4%

$79+8.2%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS1+ years

Filed as: SENTINEL BENEFITS & FINANCIAL GROUP

Service code 37 · EIN 20-5916766

Loan Processing

$262,532

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 37 · EIN 04-2647786

Loan Processing

$208,658

SHERIDAN ROAD ADVISORS LLC1+ years

Filed as: HUB INTERNATIONAL INV ADV SERV

Service code 27 · EIN 82-2966199

Advisory (Plan)

$37,500

NATIONAL FINANCIAL SERVICES1+ years

Filed as: NATIONAL FINANCIAL SERVICES LLC

Service code 19 · EIN 04-3523567

Securities Custodian

$11,615

RELIANCE TRUST COMPANY1+ years

Service code 21 · EIN 58-1428634

Bank Trustee

$10,620

ELARA CARING NATIONAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELARA CARING NATIONAL 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