Retirement plan

AUDUBON HEALTHCARE HOLDINGS INC. 401(K) PLAN

Name: AUDUBON HEALTHCARE HOLDINGS INC. - AUDUBON HEALTHCARE HOLDINGS INC. 401(K) PLAN (2019) Form 5500
Creator: AUDUBON HEALTHCARE HOLDINGS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AUDUBON HEALTHCARE HOLDINGS INC. 401(K) PLAN, AUDUBON HEALTHCARE HOLDINGS INC.

AUDUBON HEALTHCARE HOLDINGS INC.EIN 82-3484531Plan #002PY 2019

9256 INTERLINE AVENUE - BATON ROUGE, LA 70809225-218-8009

Prospect flagsLow participationLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$813K

+142.9% from 2018

Total participants

125

-10.7% from 2018

Average account balance

$18,479

+109.8% from 2018

Annual return

44.78%

+44.78 pp from 2018

Benchmarks

See 262 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort262 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.44M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

51.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$503K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6424

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

Top 2 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 28 RETIREMENT PLAN SERVICES · LOS ANGELES, CA 90071	Investment Management	$625
AMERICAN FUNDS2+ years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS Service code 19 333 S HOPE STREET, 5TH FLOOR · LOS ANGELES, CA 90071	Securities Custodian	$0

Plan features & details

Pension benefit codes2A2E2G2J3D3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$625

$5 / participant

Contract admin$625100.0%

% of EOY assets

0.077%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLARK AND ANDERSON, P.A.
Auditor EIN: 521175264
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,479

$64,919-71.5%

$392,568-95.3%

$65,186-71.7%

Participation rate

30.8%

72.0%-41.2pp

78.1%-47.3pp

70.2%-39.4pp

Annual return

44.78%

26.09%+18.7pp

24.42%+20.4pp

29.39%+15.4pp

Employer contribution / active EE

$892

$2,374-62.4%

$3,783-76.4%

$2,177-59.0%

Participant deferral / active EE

$2,030

$3,668-44.7%

$5,985-66.1%

$3,514-42.2%

Admin fee / account holder

$14

$634-97.8%

$6,260-99.8%

$847-98.3%

Provider

Service type

Compensation

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 28

RETIREMENT PLAN SERVICES · LOS ANGELES, CA 90071

Investment Management

$625

AMERICAN FUNDS2+ years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS

Service code 19

333 S HOPE STREET, 5TH FLOOR · LOS ANGELES, CA 90071

Securities Custodian

AUDUBON HEALTHCARE HOLDINGS INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AUDUBON HEALTHCARE HOLDINGS INC. 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