Retirement plan

MILESTONE RETIREMENT COMMUNITIES 401(K) PLAN

Name: MILESTONE RETIREMENT COMMUNITIES - MILESTONE RETIREMENT COMMUNITIES 401(K) PLAN (2024) Form 5500
Creator: MILESTONE RETIREMENT COMMUNITIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILESTONE RETIREMENT COMMUNITIES 401(K) PLAN, MILESTONE RETIREMENT COMMUNITIES

MILESTONE RETIREMENT COMMUNITIESEIN 81-4756997Plan #002PY 2024

201 NE PARK PLAZA DR, STE 105 - VANCOUVER, WA 98684360-882-4500

Prospect flagsLow returnsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$5.2M

+4.0% from 2023

Total participants

865

-28.3% from 2023

Average account balance

$7,150

+35.6% from 2023

Annual return

8.24%

-3.75 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

$5.23M

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

732

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.

74.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$782K

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

+8.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$211

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 2 by compensation

Provider	Service type	Compensation
PCS RETIREMENT, LLC5 years Service code 13 · EIN 23-3038464	Contract Administrator	$127,963
TPG FINANCIAL ADVISORS, LLC6+ years Service code 28 11740 SW 68TH PARKWAY · PORTLAND, OR 97223	Investment Management	$26,612

Plan features & details

Pension benefit codes2E2F2G2K2S2T3B3D3H

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

3 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.

Expense breakdown

Schedule H Part II

Admin total

$155K

$295 / participant

Recordkeeping$128K82.8%
Investment mgmt$27K17.2%

% of EOY assets

2.953%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HANSEN HUNTER AND CO. P.C
Auditor EIN: 930891763
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,150

$50,919-86.0%

$155,556-95.4%

$77,762-90.8%

Participation rate

74.6%

63.1%+11.5pp

78.2%-3.6pp

70.6%+4.0pp

Annual return

8.24%

34.84%-26.6pp

64.84%-56.6pp

31.27%-23.0pp

Employer contribution / active EE

$203

$1,991-89.8%

$4,675-95.7%

$2,728-92.6%

Participant deferral / active EE

$1,291

$2,824-54.3%

$5,631-77.1%

$4,651-72.3%

Admin fee / account holder

$211

$437-51.6%

$15,885-98.7%

$433-51.2%

Provider

Service type

Compensation

PCS RETIREMENT, LLC5 years

Service code 13 · EIN 23-3038464

Contract Administrator

$127,963

TPG FINANCIAL ADVISORS, LLC6+ years

Service code 28

11740 SW 68TH PARKWAY · PORTLAND, OR 97223

Investment Management

$26,612

MILESTONE RETIREMENT COMMUNITIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILESTONE RETIREMENT COMMUNITIES 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