Retirement plan

PRESCRYPTIVE HEALTH 401(K) PLAN

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

PRESCRYPTIVE HEALTH INC.EIN 82-3328340Plan #001PY 2024

P.O. BOX 403 - REDMOND, WA 98073425-655-2345prescryptive.comLinkedIn201-500 employeesinformation technology and services

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.5M

-5.5% from 2023

Total participants

167

-11.2% from 2023

Average account balance

$55,477

+18.3% from 2023

Annual return

14.77%

-24.13 pp from 2023

Benchmarks

See 1,009 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,009 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.49M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

135

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.

69.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+14.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$185

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 4 by compensation

Provider	Service type	Compensation
BROADVIEW2 years Filed as: BROADVIEW WEALTH Service code 53 #127 NE STE 127 · BELLEVUE, WA 98004	Insurance Commissions	$18,787
PROFESSIONAL BENEFIT SERVICES2 years Filed as: PROFESSIONAL BENEFIT SERVICES, INC Service code 99 · EIN 93-0998477 1193 ROYVONNE AVE SE SUITE 22 · SALEM, OR 97302	Other Fees	$6,250
RBC WEALTH MANAGEMENT1 year Service code 53 250 NICOLLET MALL, SUITE 1400 · MINNEAPOLIS, MN 55401	Insurance Commissions	$5,056
THE VANGUARD GROUP, INC.2 years Service code 99 · EIN 23-1945930	Other Fees	$4,509

Plan features & details

Pension benefit codes3D2E2F2G2J2K2T

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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

$25K

$240 / participant

Contract admin$25K100.0%

% of EOY assets

0.333%

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: CLARK NUBER P.S.
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,477

$79,169-29.9%

$100,415-44.8%

$74,478-25.5%

Participation rate

69.2%

79.4%-10.2pp

81.5%-12.3pp

67.2%+2.0pp

Annual return

14.77%

20.51%-5.7pp

49.47%-34.7pp

1370.56%-1355.8pp

Employer contribution / active EE

$2,273

$3,017-24.7%

$3,943-42.4%

$2,626-13.5%

Participant deferral / active EE

$15,318

$7,751+97.6%

$8,091+89.3%

$4,350+252.1%

Admin fee / account holder

$185

$1,337-86.2%

$7,906-97.7%

$1,946-90.5%

Provider

Service type

Compensation

BROADVIEW2 years

Filed as: BROADVIEW WEALTH

Service code 53

#127 NE STE 127 · BELLEVUE, WA 98004

Insurance Commissions

$18,787

PROFESSIONAL BENEFIT SERVICES2 years

Filed as: PROFESSIONAL BENEFIT SERVICES, INC

Service code 99 · EIN 93-0998477

1193 ROYVONNE AVE SE SUITE 22 · SALEM, OR 97302

Other Fees

$6,250

RBC WEALTH MANAGEMENT1 year

Service code 53

250 NICOLLET MALL, SUITE 1400 · MINNEAPOLIS, MN 55401

Insurance Commissions

$5,056

THE VANGUARD GROUP, INC.2 years

Service code 99 · EIN 23-1945930

Other Fees

$4,509

PRESCRYPTIVE HEALTH 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRESCRYPTIVE HEALTH 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