Retirement plan

CORE, LLC 401(K) SAFE HARBOR PLAN

Name: CORE, LLC - CORE, LLC 401(K) SAFE HARBOR PLAN (2024) Form 5500
Creator: CORE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORE, LLC 401(K) SAFE HARBOR PLAN, CORE, LLC

CORE, LLCEIN 72-1392118Plan #001PY 2024

10059 NORTH REIGER ROAD - BATON ROUGE, LA 70809

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.4M

+9.9% from 2023

Total participants

484

+9.0% from 2023

Average account balance

$52,337

+10.5% from 2023

Annual return

12.39%

-4.26 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.42M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

180

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.

28.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.14M

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

+12.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$251

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 5 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC7 years Filed as: CETERA ADVISORS Service code 50 · EIN 84-0858799 200 N PACIFIC COAST HWY · EL SEGUNDO, CA 90245	Direct Payment	$38,139
SENTINEL PENSION LLC7 years Service code 14 · EIN 46-0570503 6811 JEFFERSON HWY · BATON ROUGE, LA 70806	Plan Administrator	$11,484
SENTINEL PENSION LLC6 years Filed as: SENTINEL PENSION Service code 14	Plan Administrator	$4,586
PROACCOUNT1 year Service code 26 · EIN 73-0988442 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Advisory (Participants)	$3,595
NATIONWIDE7 years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$1,440

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$45K

$106 / participant

Contract admin$45K100.0%

% of EOY assets

0.479%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,337

$50,902+2.8%

$155,534-66.4%

$77,736-32.7%

Participation rate

28.8%

63.1%-34.3pp

78.2%-49.4pp

70.6%-41.8pp

Annual return

12.39%

34.85%-22.5pp

64.92%-52.5pp

31.26%-18.9pp

Employer contribution / active EE

$889

$1,991-55.4%

$4,675-81.0%

$2,728-67.4%

Participant deferral / active EE

$1,785

$2,824-36.8%

$5,630-68.3%

$4,651-61.6%

Admin fee / account holder

$251

$437-42.6%

$15,900-98.4%

$433-42.1%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC7 years

Filed as: CETERA ADVISORS

Service code 50 · EIN 84-0858799

200 N PACIFIC COAST HWY · EL SEGUNDO, CA 90245

Direct Payment

$38,139

SENTINEL PENSION LLC7 years

Service code 14 · EIN 46-0570503

6811 JEFFERSON HWY · BATON ROUGE, LA 70806

Plan Administrator

$11,484

SENTINEL PENSION LLC6 years

Filed as: SENTINEL PENSION

Service code 14

Plan Administrator

$4,586

PROACCOUNT1 year

Service code 26 · EIN 73-0988442

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Advisory (Participants)

$3,595

NATIONWIDE7 years

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$1,440

CORE, LLC 401(K) SAFE HARBOR PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORE, LLC 401(K) SAFE HARBOR 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