Retirement plan

ASPIRE HEALTH PARTNERS RETIREMENT PLAN

Name: ASPIRE HEALTH PARTNERS - ASPIRE HEALTH PARTNERS RETIREMENT PLAN (2024) Form 5500
Creator: ASPIRE HEALTH PARTNERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASPIRE HEALTH PARTNERS RETIREMENT PLAN, ASPIRE HEALTH PARTNERS

ASPIRE HEALTH PARTNERSEIN 59-2301233Plan #001PY 2024

5151 ADANSON STREET - ORLANDO, FL 32804407-875-3700aspirehealthpartners.comLinkedIn10001+ employeeshospital & health care

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed August 6, 2021

Plan administrator

Plan administrator name— Sign in and upgrade to view

5151 Adanson Street

Orlando, FL 32804

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Plans declared (2)

Aspire Health Partners, Inc. 457(b) Plan13 emp
Aspire Health Partners, Inc. 457(f) Plan13 emp

Total covered: 26 employees

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Total assets (EOY)

$27M

+2.9% from 2023

Total participants

1,653

+0.2% from 2023

Average account balance

$18,067

+2.5% from 2023

Annual return

11.30%

-2.65 pp from 2023

Benchmarks

See 1,433 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,433 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.97M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

1,493

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.

86.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.61M

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

+11.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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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Service providers

Top 1 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 E. ORCAHRD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$79,448

Plan features & details

Pension benefit codes2E2F2G2J2S3D

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$79K

$69 / participant

Contract admin$79K100.0%

% of EOY assets

0.295%

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: WITHUM
Auditor EIN: 222027092
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,067

$53,254-66.1%

$155,574-88.4%

$199,921-91.0%

Participation rate

86.0%

64.1%+21.9pp

78.2%+7.8pp

72.0%+14.0pp

Annual return

11.30%

41.18%-29.9pp

64.87%-53.6pp

34.28%-23.0pp

Employer contribution / active EE

$613

$1,848-66.8%

$4,676-86.9%

$3,035-79.8%

Participant deferral / active EE

$1,669

$3,165-47.3%

$5,629-70.3%

$5,089-67.2%

Admin fee / account holder

$53

$186-71.3%

$15,914-99.7%

$269-80.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 E. ORCAHRD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$79,448

ASPIRE HEALTH PARTNERS RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASPIRE HEALTH PARTNERS RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

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