Retirement plan

THE KIDSHEART 401(K) PROFIT SHARING PLAN

Name: EMORY-EGLESTON CHILDRENS HEART CENTER, INC. - THE KIDSHEART 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: EMORY-EGLESTON CHILDRENS HEART CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE KIDSHEART 401(K) PROFIT SHARING PLAN, EMORY-EGLESTON CHILDRENS HEART CENTER, INC.

EMORY-EGLESTON CHILDRENS HEART CENTER, INC.EIN 58-1871713Plan #001PY 2017

2835 BRANDYWINE RD, SUITE 300 - ATLANTA, GA 30341770-488-9202kidsheart.comLinkedIn201-500 employeeshospital & health care

Prospect flagsHigh feesLow employer contributionLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$57.7M

+16.7% from 2016

Total participants

299

+4.5% from 2016

Average account balance

$195,737

+12.0% from 2016

Annual return

14.73%

+8.52 pp from 2016

Benchmarks

See 704 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Cohort704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$89.28M

Not enough data

1 years with asset history on file

Average account balance

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

$244K

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.

366

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.

94.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+14.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$151

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
MERRILL LYNCH PIERCE FENNER & SMITH3+ years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$285,175
AON CONSULTING1 year Service code 70 29695 NETWORK PLACE · CHICAGO, IL 606731296	Consulting Fees	$19,200
BENNETT THRASHER LLP3+ years Service code 10 · EIN 58-1673613	Accounting	$17,275

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$103K

$412 / participant

Other / not subdivided$103K100.0%

% of EOY assets

0.178%

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: BENNETT THRASHER PC
Auditor EIN: 581673613
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$195,737

$287,456-31.9%

$170,439+14.8%

Participation rate

98.4%

60.6%+37.8pp

83.6%+14.8pp

Annual return

14.73%

6.06%+8.7pp

205.94%-191.2pp

Employer contribution / active EE

$15,968

$2,242+612.2%

$5,433+193.9%

Participant deferral / active EE

$6,232

$2,113+194.9%

$4,939+26.2%

Admin fee / account holder

$348

$39,812-99.1%

$13,881-97.5%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3+ years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$285,175

AON CONSULTING1 year

Service code 70

29695 NETWORK PLACE · CHICAGO, IL 606731296

Consulting Fees

$19,200

BENNETT THRASHER LLP3+ years

Service code 10 · EIN 58-1673613

Accounting

$17,275

THE KIDSHEART 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE KIDSHEART 401(K) PROFIT SHARING 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