Retirement plan

MOUNT CARMEL COMMUNITY 401(K) PLAN

Name: MOUNT CARMEL MANAGEMENT, LLC - MOUNT CARMEL COMMUNITY 401(K) PLAN (2022) Form 5500
Creator: MOUNT CARMEL MANAGEMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOUNT CARMEL COMMUNITY 401(K) PLAN, MOUNT CARMEL MANAGEMENT, LLC

MOUNT CARMEL MANAGEMENT, LLCEIN 81-4633488Plan #001PY 2022

3505 BOONE ROAD - BENTON, AR 72015501-315-1555

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$626K

-0.7% from 2021

Total participants

-30.7% from 2021

Average account balance

$12,771

-0.7% from 2021

Annual return

-13.59%

-32.17 pp from 2021

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-3.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2G2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

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

$2K

$32 / participant

Investment mgmt$1K76.1%
Other / not subdivided$45523.9%

% of EOY assets

0.304%

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: BROWN ROGERS & CO LLC
Auditor EIN: 464195990
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,771

$73,863-82.7%

$143,797-91.1%

$68,490-81.4%

Participation rate

22.0%

66.7%-44.6pp

80.3%-58.3pp

67.9%-45.9pp

Annual return

-13.59%

0.91%-14.5pp

-0.04%-13.5pp

-7.85%-5.7pp

Employer contribution / active EE

$735

$3,185-76.9%

$4,952-85.2%

$2,597-71.7%

Participant deferral / active EE

$1,558

$3,385-54.0%

$5,638-72.4%

$4,028-61.3%

Admin fee / account holder

$39

$5,756-99.3%

$14,679-99.7%

$5,403-99.3%

MOUNT CARMEL COMMUNITY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOUNT CARMEL COMMUNITY 401(K) 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