Retirement plan

PREMIER COMMUNITY SUPPORTS LLC 401(K) PROFIT SHARING PLAN & TRUST

Name: PREMIER COMMUNITY SUPPORTS LLC - PREMIER COMMUNITY SUPPORTS LLC 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: PREMIER COMMUNITY SUPPORTS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIER COMMUNITY SUPPORTS LLC 401(K) PROFIT SHARING PLAN & TRUST, PREMIER COMMUNITY SUPPORTS LLC

PREMIER COMMUNITY SUPPORTS LLCEIN 82-4378800Plan #001PY 2023

560 NE F ST STE A - GRANTS PASS, OR 97526541-916-8606premieror.comLinkedIn1001-5000 employeesmedical practice

Prospect flagsLow participationLow assets / participantLow employer contributionLow participant contributionLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.5M

+116.3% from 2022

Total participants

1,237

+46.2% from 2022

Average account balance

$8,662

+66.7% from 2022

Annual return

23.48%

+27.11 pp from 2022

Benchmarks

See 928 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort928 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.42M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

213

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.

12.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$617

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

+15.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY COMPANY OF AMERICA Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$14,428
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NORTHWESTERN MUTUAL INVESTMENT SVCS Service code 55 · EIN 52-2114207 720 E WISCONSIN AVE · MILWAUKEE, WI 53202	Other Commissions	$6,885
NORTHWEST RETIREMENT PLANS, INC.1 year Service code 13 · EIN 93-0839718 3235 HILLCREST PARK DRIVE · MEDFORD, OR 97504	Contract Administrator	$3,000
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-0532243 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$583
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT SOLUTIONS, LLC Service code 99 · EIN 84-1233483 1801 CALIFORNIA ST · DENVER, CO 80202	Other Fees	$405

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

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.
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

6 tripped

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

$18K

$15 / participant

Investment mgmt$15K83.7%
Contract admin$3K16.3%

% of EOY assets

1.201%

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: KDP CERTIFIED PUBLIC ACCOUNTANTS
Auditor EIN: 930745639
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,662

$107,415-91.9%

$135,974-93.6%

$80,157-89.2%

Participation rate

12.1%

78.0%-65.9pp

81.9%-69.8pp

72.9%-60.8pp

Annual return

23.48%

91.99%-68.5pp

68.30%-44.8pp

40.39%-16.9pp

Employer contribution / active EE

$235

$3,878-93.9%

$4,859-95.2%

$2,977-92.1%

Participant deferral / active EE

$384

$8,189-95.3%

$7,760-95.1%

$5,015-92.4%

Admin fee / account holder

$104

$127-18.1%

$10,767-99.0%

$145-28.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY COMPANY OF AMERICA

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$14,428

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NORTHWESTERN MUTUAL INVESTMENT SVCS

Service code 55 · EIN 52-2114207

720 E WISCONSIN AVE · MILWAUKEE, WI 53202

Other Commissions

$6,885

NORTHWEST RETIREMENT PLANS, INC.1 year

Service code 13 · EIN 93-0839718

3235 HILLCREST PARK DRIVE · MEDFORD, OR 97504

Contract Administrator

$3,000

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28 · EIN 84-0532243

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$583

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT SOLUTIONS, LLC

Service code 99 · EIN 84-1233483

1801 CALIFORNIA ST · DENVER, CO 80202

Other Fees

$405

PREMIER COMMUNITY SUPPORTS LLC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIER COMMUNITY SUPPORTS LLC 401(K) PROFIT SHARING PLAN & TRUST

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