Retirement plan

OPTION CARE RETIREMENT PLAN

Name: OPTION CARE ENTERPRISES, INC. - OPTION CARE RETIREMENT PLAN (2018) Form 5500
Creator: OPTION CARE ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OPTION CARE RETIREMENT PLAN, OPTION CARE ENTERPRISES, INC.

OPTION CARE ENTERPRISES, INC.EIN 68-0208702Plan #001PY 2018

3000 LAKESIDE DRIVE SUITE 300N - BANNOCKBURN, IL 60015800-879-6137optioncarehealth.comLinkedIn5001-10000 employeeshospital & health care

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$127.9M

-29.4% from 2016

Total participants

5,256

-3.4% from 2016

Average account balance

$40,251

-17.2% from 2016

Annual return

-2.21%

-23.74 pp from 2016

Benchmarks

See 1,316 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,316 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$412.65M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

6,194

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.

55.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$81

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$312,378
INTELLICENTS INVESTMENT SOLUTIONS I2 years Service code 27 100 N BROADWAY · ALBERT LEA, MN 56007	Advisory (Plan)	$45,000
CROWE LLP1 year Service code 10 · EIN 35-0921680	Accounting	$9,480
OPTION CARE ENTERPRISES INC1 year Service code 99 3000 LAKESIDE DR STE 300N · BANNOCKBURN, IL 60015	Other Fees	$5,809

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$373K

$80 / participant

Investment mgmt$45K12.1%
Contract admin$312K83.8%
Other / not subdivided$15K4.1%

% of EOY assets

0.291%

all-in expense ratio

Categories reported

2 / 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: CROWE LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,251

$45,382-11.3%

$154,110-73.9%

$75,289-46.5%

Participation rate

55.1%

65.9%-10.8pp

83.0%-27.9pp

72.4%-17.3pp

Annual return

-2.21%

-0.47%-1.7pp

735.22%-737.4pp

-0.04%-2.2pp

Employer contribution / active EE

$1,515

$1,533-1.2%

$5,298-71.4%

$2,405-37.0%

Participant deferral / active EE

$3,399

$2,384+42.6%

$5,081-33.1%

$3,739-9.1%

Admin fee / account holder

$117

$89+31.3%

$13,412-99.1%

$102+14.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Service code 15

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$312,378

INTELLICENTS INVESTMENT SOLUTIONS I2 years

Service code 27

100 N BROADWAY · ALBERT LEA, MN 56007

Advisory (Plan)

$45,000

CROWE LLP1 year

Service code 10 · EIN 35-0921680

Accounting

$9,480

OPTION CARE ENTERPRISES INC1 year

Service code 99

3000 LAKESIDE DR STE 300N · BANNOCKBURN, IL 60015

Other Fees

$5,809

OPTION CARE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OPTION CARE RETIREMENT 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