Retirement plan

POMEROY LIVING MANAGEMENT LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: POMEROY LIVING MANAGEMENT LLC - POMEROY LIVING MANAGEMENT LLC 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: POMEROY LIVING MANAGEMENT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POMEROY LIVING MANAGEMENT LLC 401(K) PROFIT SHARING PLAN AND TRUST, POMEROY LIVING MANAGEMENT LLC

POMEROY LIVING MANAGEMENT LLCEIN 81-0767408Plan #001PY 2024

5480 CORPORATE DRIVE SUITE 130 - TROY, IL 48098248-833-1316

Prospect flagsLow returnsLow assets / participantLow employer contributionFailed to transmit contributions

Top hat statement on fileNQDC

Filed November 4, 2019

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$5.9M

+5.6% from 2023

Total participants

760

-0.1% from 2023

Average account balance

$10,996

+11.9% from 2023

Annual return

8.09%

-4.46 pp from 2023

Benchmarks

See 4,134 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,134 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$5.95M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

541

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.

71.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$851K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+8.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$207

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

See the 8-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$58,940
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$21,657
ONEDIGITAL INVESTMENT ADVISORS LLC2 years Service code 27 PO BOX 735399 · DALLAS, TX 753735399	Advisory (Plan)	$17,152
SCHLAUPITZ MADHAVAN PC2 years Service code 10 820 KIRTS BLVD STE 100 · TROY, MI 48084	Accounting	$14,000

Plan features & details

Pension benefit codes2A2E2F2G2J2K2S2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

4 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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

$112K

$147 / participant

Recordkeeping$59K52.7%
Investment mgmt$39K34.7%
Other / not subdivided$14K12.5%

% of EOY assets

1.879%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: SCHLAUPITZ MADHAVAN, P.C.
Auditor EIN: 753148637
Audit fees: $14,000
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,996

$50,820-78.4%

$155,567-92.9%

$77,671-85.8%

Participation rate

71.1%

63.1%+8.0pp

78.2%-7.1pp

70.6%+0.5pp

Annual return

8.09%

34.85%-26.8pp

64.74%-56.6pp

31.21%-23.1pp

Employer contribution / active EE

$1,993-100.0%

$4,674-100.0%

$2,726-100.0%

Participant deferral / active EE

$1,123

$2,823-60.2%

$5,628-80.0%

$4,648-75.8%

Admin fee / account holder

$207

$436-52.6%

$15,916-98.7%

$430-52.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$58,940

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$21,657

ONEDIGITAL INVESTMENT ADVISORS LLC2 years

Service code 27

PO BOX 735399 · DALLAS, TX 753735399

Advisory (Plan)

$17,152

SCHLAUPITZ MADHAVAN PC2 years

Service code 10

820 KIRTS BLVD STE 100 · TROY, MI 48084

Accounting

$14,000

POMEROY LIVING MANAGEMENT LLC 401(K) PROFIT SHARING PLAN AND TRUST

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POMEROY LIVING MANAGEMENT LLC 401(K) PROFIT SHARING PLAN AND TRUST

Top hat statement on fileNQDC

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