Retirement plan

SUNRISE SENIOR LIVING 401(K) PLAN

Name: SUNRISE SENIOR LIVING - SUNRISE SENIOR LIVING 401(K) PLAN (2019) Form 5500
Creator: SUNRISE SENIOR LIVING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUNRISE SENIOR LIVING 401(K) PLAN, SUNRISE SENIOR LIVING

SUNRISE SENIOR LIVINGEIN 54-1746596Plan #001PY 2019

7902 WESTPARK DRIVE - MCLEAN, VA 221024202888-779-8672sunriseseniorliving.comLinkedIn10001+ employeeshospital & health care

Prospect flagsLow returnsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$256.3M

-13.2% from 2016

Total participants

24,096

-3.5% from 2016

Average account balance

$11,545

-9.5% from 2016

Annual return

17.58%

-4.33 pp from 2016

Benchmarks

See 230 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort230 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$360.11M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

23,402

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.

88.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$45.29M

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

+9.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$72

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 5 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND3 years Service code 13 · EIN 06-1050034	Contract Administrator	$1,193,236
BAKER TILLY US, LLP2 years Filed as: BAKER TILLEY VIRCHOW KRAUSE LLP Service code 10 · EIN 39-0859910	Accounting	$35,000
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA ADVISORY SERVICES Service code 16 · EIN 35-2552359	Consulting	$33,000
WEBB MASON INCORPORATED1 year Service code 49 · EIN 52-1638077	Other Services	$21,307
NFP RETIREMENT INC2 years Filed as: NFP ADVISOR SERVICES, LLP Service code 16 · EIN 47-1566880	Consulting	$11,000

Plan features & details

Pension benefit codes2E2G2J2K2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$63 / participant

Other / not subdivided$1M100.0%

% of EOY assets

0.514%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,545

$58,202-80.2%

$172,757-93.3%

$89,609-87.1%

Participation rate

90.9%

72.8%+18.1pp

82.6%+8.3pp

69.6%+21.3pp

Annual return

17.58%

61.59%-44.0pp

803.06%-785.5pp

33.65%-16.1pp

Employer contribution / active EE

$435

$1,759-75.3%

$5,144-91.5%

$2,584-83.2%

Participant deferral / active EE

$1,389

$3,335-58.4%

$5,198-73.3%

$4,222-67.1%

Admin fee / account holder

$59

$53+12.9%

$13,956-99.6%

$72-17.2%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND3 years

Service code 13 · EIN 06-1050034

Contract Administrator

$1,193,236

BAKER TILLY US, LLP2 years

Filed as: BAKER TILLEY VIRCHOW KRAUSE LLP

Service code 10 · EIN 39-0859910

Accounting

$35,000

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA ADVISORY SERVICES

Service code 16 · EIN 35-2552359

Consulting

$33,000

WEBB MASON INCORPORATED1 year

Service code 49 · EIN 52-1638077

Other Services

$21,307

NFP RETIREMENT INC2 years

Filed as: NFP ADVISOR SERVICES, LLP

Service code 16 · EIN 47-1566880

Consulting

$11,000

SUNRISE SENIOR LIVING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUNRISE SENIOR LIVING 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