Retirement plan

TRINITY REHABILITATION, INC. 401K SAVINGS PLAN

Name: TRINITY REHABILITATION, INC. - TRINITY REHABILITATION, INC. 401K SAVINGS PLAN (2022) Form 5500
Creator: TRINITY REHABILITATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRINITY REHABILITATION, INC. 401K SAVINGS PLAN, TRINITY REHABILITATION, INC.

TRINITY REHABILITATION, INC.EIN 64-0858853Plan #001PY 2022

13 NORTHTOWN DRIVE, SUITE 110 - JACKSON, MS 392113047601-206-9195

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.9M

-28.4% from 2021

Total participants

116

-16.5% from 2021

Average account balance

$40,715

-11.2% from 2021

Annual return

-21.24%

-37.36 pp from 2021

Benchmarks

See 19,706 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,706 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.52M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

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.

79.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$332K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2235

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
ADVISORY SERVICES NETWORK LLC3 years Filed as: ADVISORY SERVICES NETWORK, LLC Service code 27 1040 CROWN POINTE PKWY · ATLANTA, GA 30338	Advisory (Plan)	$38,253
EPIC RETIREMENT PLAN SERVICES3 years Filed as: AUSTIN CAPITAL RETIREMENT PLAN SVCS Service code 13 1601 ELM STREET · DALLAS, TX 75201	Contract Administrator	$7,383
AUSTIN CAPITAL TRUST COMPANY, LLC3 years Filed as: AUSTIN CAPITAL TRUST COMPANY Service code 59 200 S. VIRGINIA STREET · RENO, NV 89501	Shareholder Servicing	$3,785
AUSTIN CAPITAL TRUST COMPANY, LLC3 years Service code 17	Pension Consulting	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$59K

$701 / participant

Investment mgmt$38K64.9%
Contract admin$4K6.4%
Other / not subdivided$17K28.7%

% of EOY assets

1.507%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HARPER, RAINS, KNIGHT & COMPANY, PA
Auditor EIN: 640809101
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,715

$73,848-44.9%

$143,799-71.7%

$68,486-40.5%

Participation rate

76.2%

66.7%+9.5pp

80.3%-4.1pp

67.9%+8.3pp

Annual return

-21.24%

0.91%-22.1pp

-0.04%-21.2pp

-7.85%-13.4pp

Employer contribution / active EE

$1,004

$3,184-68.5%

$4,952-79.7%

$2,597-61.4%

Participant deferral / active EE

$3,053

$3,385-9.8%

$5,638-45.9%

$4,028-24.2%

Admin fee / account holder

$614

$5,755-89.3%

$14,677-95.8%

$5,404-88.6%

Provider

Service type

Compensation

ADVISORY SERVICES NETWORK LLC3 years

Filed as: ADVISORY SERVICES NETWORK, LLC

Service code 27

1040 CROWN POINTE PKWY · ATLANTA, GA 30338

Advisory (Plan)

$38,253

EPIC RETIREMENT PLAN SERVICES3 years

Filed as: AUSTIN CAPITAL RETIREMENT PLAN SVCS

Service code 13

1601 ELM STREET · DALLAS, TX 75201

Contract Administrator

$7,383

AUSTIN CAPITAL TRUST COMPANY, LLC3 years

Filed as: AUSTIN CAPITAL TRUST COMPANY

Service code 59

200 S. VIRGINIA STREET · RENO, NV 89501

Shareholder Servicing

$3,785

AUSTIN CAPITAL TRUST COMPANY, LLC3 years

Service code 17

Pension Consulting

TRINITY REHABILITATION, INC. 401K SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRINITY REHABILITATION, INC. 401K SAVINGS 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