Retirement plan

HGS AXISPOINT HEALTH LLC 401(K) PLAN

Name: CMH SUBSIDIARY, LLC - HGS AXISPOINT HEALTH LLC 401(K) PLAN (2020) Form 5500
Creator: CMH SUBSIDIARY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HGS AXISPOINT HEALTH LLC 401(K) PLAN, CMH SUBSIDIARY, LLC

CMH SUBSIDIARY, LLCEIN 82-4313508Plan #001PY 2020

11000 WESTMOOR CIRCLE, SUITE 125 - WESTMINISTER, CO 80021303-466-9500

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$18.3M

-1.0% from 2019

Total participants

366

-2.4% from 2019

Average account balance

$61,208

+5.6% from 2019

Annual return

11.79%

-6.69 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.26M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

1,294

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.

22.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.11M

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

+24.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$421

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 6 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$81,084
PAPILLON PRINTING, LLC3+ years Service code 13 · EIN 81-5183995	Contract Administrator	$29,155
KESTRA INVESTMENT SERVICES LLC3+ years Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359	Advisory (Plan)	$25,320
SIDE BY SIDE FINANCIALS, INC.2 years Service code 13 · EIN 27-3232902	Contract Administrator	$16,880
COOPER SAVAS LLC1 year Filed as: COOPER WILLIAMS, LLC Service code 10 · EIN 27-3637149	Accounting	$14,500
ORENDA RETIREMENT, LLC3+ years Service code 13 · EIN 36-4877979	Contract Administrator	$11,802

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D

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.
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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$129K

$839 / participant

Contract admin$115K88.8%
Other / not subdivided$15K11.2%

% of EOY assets

0.706%

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: COOPER SAVAS, LLC
Auditor EIN: 275169784
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,208

$58,895+3.9%

$178,503-65.7%

$73,497-16.7%

Participation rate

56.5%

66.2%-9.7pp

81.9%-25.4pp

70.7%-14.2pp

Annual return

11.79%

24.86%-13.1pp

151.12%-139.3pp

28.51%-16.7pp

Employer contribution / active EE

$1,433

$2,236-35.9%

$5,011-71.4%

$2,270-36.9%

Participant deferral / active EE

$3,508

$2,567+36.7%

$5,202-32.6%

$3,740-6.2%

Admin fee / account holder

$432

$400+7.9%

$13,987-96.9%

$513-15.8%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$81,084

PAPILLON PRINTING, LLC3+ years

Service code 13 · EIN 81-5183995

Contract Administrator

$29,155

KESTRA INVESTMENT SERVICES LLC3+ years

Filed as: KESTRA ADVISORY SERVICES, LLC

Service code 27 · EIN 35-2552359

Advisory (Plan)

$25,320

SIDE BY SIDE FINANCIALS, INC.2 years

Service code 13 · EIN 27-3232902

Contract Administrator

$16,880

COOPER SAVAS LLC1 year

Filed as: COOPER WILLIAMS, LLC

Service code 10 · EIN 27-3637149

Accounting

$14,500

ORENDA RETIREMENT, LLC3+ years

Service code 13 · EIN 36-4877979

Contract Administrator

$11,802

HGS AXISPOINT HEALTH LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HGS AXISPOINT HEALTH LLC 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