Retirement plan

PERSONAL CARE, INC. INVESTMENT PLAN AND TRUST

Name: PERSONAL CARE, INC. - PERSONAL CARE, INC. INVESTMENT PLAN AND TRUST (2023) Form 5500
Creator: PERSONAL CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PERSONAL CARE, INC. INVESTMENT PLAN AND TRUST, PERSONAL CARE, INC.

PERSONAL CARE, INC.EIN 58-1401535Plan #001PY 2023

321 SYCAMORE ST - DECATUR, GA 30030404-373-2727personalcare.netLinkedIn51-200 employeeshospital & health care

Prospect flagsLow returnsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$905K

+5.9% from 2022

Total participants

146

-8.2% from 2022

Average account balance

$6,908

+6.8% from 2022

Annual return

7.27%

+19.96 pp from 2022

Benchmarks

See 5,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,710 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.07M

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

158

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$273K

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

+6.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$195

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
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$11,757
ADP BROKER-DEALER9+ years Service code 49 · EIN 22-3319984	Other Services	$0
PROSPERA FINANCIAL SERVICES1 year Service code 49 1370 BRIAR CREEK RD · CHARLOTTE, NC 28205	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$12K

$102 / participant

Recordkeeping$12K100.0%

% of EOY assets

1.299%

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: DIANA CRAWFORD
Auditor EIN: 201338639
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$6,908

$61,338-88.7%

$149,717-95.4%

$71,495-90.3%

Participation rate

87.0%

62.5%+24.4pp

78.8%+8.2pp

67.9%+19.0pp

Annual return

7.27%

35.86%-28.6pp

134.41%-127.1pp

28.85%-21.6pp

Employer contribution / active EE

$442

$2,381-81.5%

$4,820-90.8%

$2,589-82.9%

Participant deferral / active EE

$1,381

$2,919-52.7%

$5,682-75.7%

$4,291-67.8%

Admin fee / account holder

$90

$1,263-92.9%

$13,213-99.3%

$1,588-94.3%

Provider

Service type

Compensation

ADP BROKER-DEALER4 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$11,757

ADP BROKER-DEALER9+ years

Service code 49 · EIN 22-3319984

Other Services

PROSPERA FINANCIAL SERVICES1 year

Service code 49

1370 BRIAR CREEK RD · CHARLOTTE, NC 28205

Other Services

PERSONAL CARE, INC. INVESTMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PERSONAL CARE, INC. INVESTMENT PLAN AND TRUST

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