Retirement plan

AMERICAN HEALTH UNDERWRITERS I 401(K) PROFIT SHARING PLAN & TRUST

Name: AMERICAN HEALTH UNDERWRITERS I - AMERICAN HEALTH UNDERWRITERS I 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: AMERICAN HEALTH UNDERWRITERS I
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN HEALTH UNDERWRITERS I 401(K) PROFIT SHARING PLAN & TRUST, AMERICAN HEALTH UNDERWRITERS I

AMERICAN HEALTH UNDERWRITERS IEIN 75-2443084Plan #001PY 2020

4040 FOSSIL CREEK BLVD, STE 103 - FORT WORTH, TX 761372747817-877-5861ahuagents.comLinkedIn1001-5000 employeesinsurance

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$249K

+44.2% from 2019

Total participants

0.0% from 2019

Average account balance

$49,893

+44.2% from 2019

Annual return

19.70%

+0.39 pp from 2019

Benchmarks

See 32,149 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,149 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$565K

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

30.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$720

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

+17.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1330

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$210

$16 / participant

Other / not subdivided$210100.0%

% of EOY assets

0.084%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,893

$197,637-74.8%

$177,848-71.9%

$158,982-68.6%

Participation rate

23.1%

88.5%-65.5pp

87.7%-64.6pp

82.0%-58.9pp

Annual return

19.70%

58.77%-39.1pp

48.33%-28.6pp

302.99%-283.3pp

Employer contribution / active EE

$6,698-100.0%

$5,919-100.0%

$4,763-100.0%

Participant deferral / active EE

$3,262

$8,405-61.2%

$7,714-57.7%

$5,983-45.5%

Admin fee / account holder

$42

$15,406-99.7%

$12,431-99.7%

$11,252-99.6%

AMERICAN HEALTH UNDERWRITERS I 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN HEALTH UNDERWRITERS I 401(K) PROFIT SHARING PLAN & TRUST

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