Retirement plan

THE PRESBYTERIAN HOME AT CHARLOTTE, INC. 401(K) PLAN

Name: THE PRESBYTERIAN HOME AT CHARLOTTE, INC. DBA SHARON TOWERS - THE PRESBYTERIAN HOME AT CHARLOTTE, INC. 401(K) PLAN (2017) Form 5500
Creator: THE PRESBYTERIAN HOME AT CHARLOTTE, INC. DBA SHARON TOWERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PRESBYTERIAN HOME AT CHARLOTTE, INC. 401(K) PLAN, THE PRESBYTERIAN HOME AT CHARLOTTE, INC. DBA SHARON TOWERS

THE PRESBYTERIAN HOME AT CHARLOTTE, INC. DBA SHARON TOWERSEIN 56-6064186Plan #001PY 2017

5100 SHARON ROAD - CHARLOTTE, NC 28210704-553-3815LinkedIn1-10 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.3M

+8.3% from 2016

Total participants

199

-4.8% from 2016

Average account balance

$27,522

+14.5% from 2016

Annual return

14.62%

+8.10 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.85M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

196

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$636K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$204

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 3 by compensation

Provider	Service type	Compensation
QUANTITATIVE PROCESS, LLC3+ years Service code 26 · EIN 46-1090088	Advisory (Participants)	$22,030
THE VANGUARD GROUP, INC.3+ years Service code 15 · EIN 23-1945930	Recordkeeping	$15,582
NATIONAL RETIREMENT SERVICES, INC.3+ years Filed as: NATIONAL RETIRMENT SERVICES Service code 15 · EIN 33-0962367 5832 BOLSA AVENUE, SUITE 100 · HUNTINGTON BEACH, CA 92649	Recordkeeping	$2,350

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$34K

$207 / participant

Other / not subdivided$34K100.0%

% of EOY assets

0.653%

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: C. DEWITT FOARD & COMPANY, PA
Auditor EIN: 561688300
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,522

$55,453-50.4%

$170,435-83.9%

$62,293-55.8%

Participation rate

95.2%

66.4%+28.8pp

83.6%+11.6pp

69.5%+25.7pp

Annual return

14.62%

21.38%-6.8pp

205.94%-191.3pp

28.90%-14.3pp

Employer contribution / active EE

$1,223

$2,164-43.5%

$5,432-77.5%

$2,042-40.1%

Participant deferral / active EE

$1,788

$2,303-22.3%

$4,939-63.8%

$3,169-43.6%

Admin fee / account holder

$180

$455-60.5%

$13,881-98.7%

$479-62.5%

Provider

Service type

Compensation

QUANTITATIVE PROCESS, LLC3+ years

Service code 26 · EIN 46-1090088

Advisory (Participants)

$22,030

THE VANGUARD GROUP, INC.3+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$15,582

NATIONAL RETIREMENT SERVICES, INC.3+ years

Filed as: NATIONAL RETIRMENT SERVICES

Service code 15 · EIN 33-0962367

5832 BOLSA AVENUE, SUITE 100 · HUNTINGTON BEACH, CA 92649

Recordkeeping

$2,350

THE PRESBYTERIAN HOME AT CHARLOTTE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PRESBYTERIAN HOME AT CHARLOTTE, INC. 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