Retirement plan

CARTER HEALTHCARE, LLC 401(K) PROFIT SHARING PLAN

Name: CARTER HEALTHCARE, LLC - CARTER HEALTHCARE, LLC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: CARTER HEALTHCARE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARTER HEALTHCARE, LLC 401(K) PROFIT SHARING PLAN, CARTER HEALTHCARE, LLC

CARTER HEALTHCARE, LLCEIN 73-1443438Plan #001PY 2016

3105 S. MERIDIAN AVENUE - OKLAHOMA CITY, OK 73119405-947-7700carterhealthcare.netLinkedIn1-10 employees

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$11.5M

+20.0% from 2015

Total participants

855

+23.9% from 2015

Average account balance

$16,640

-2.3% from 2015

Annual return

7.19%

+7.26 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.92M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

502

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.

56.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$364K

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$165

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 1 by compensation

Provider	Service type	Compensation
MORNINGSTAR2+ years Service code 26 · EIN 36-3297908	Advisory (Participants)	$880

Plan features & details

Pension benefit codes2E2F2J2K3D

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).
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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$9K

$13 / participant

Contract admin$9K100.0%

% of EOY assets

0.076%

all-in expense ratio

Categories reported

1 / 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: ARLEDGE & ASSOCIATES PC
Auditor EIN: 731185089
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,640

$36,916-54.9%

$156,551-89.4%

$57,658-71.1%

Participation rate

75.9%

63.4%+12.5pp

84.0%-8.1pp

70.2%+5.7pp

Annual return

7.19%

12.38%-5.2pp

32.23%-25.0pp

5.13%+2.1pp

Employer contribution / active EE

$333

$1,571-78.8%

$5,501-94.0%

$1,974-83.2%

Participant deferral / active EE

$2,501

$1,926+29.9%

$4,871-48.6%

$3,061-18.3%

Admin fee / account holder

$13

$82-84.8%

$13,028-99.9%

$95-86.7%

Provider

Service type

Compensation

MORNINGSTAR2+ years

Service code 26 · EIN 36-3297908

Advisory (Participants)

$880

CARTER HEALTHCARE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARTER HEALTHCARE, LLC 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