Retirement plan

SUNRISE COMMUNITY HEALTH 401(K) SAFE HARBOR PLAN

Name: SUNRISE COMMUNITY HEALTH, INC. - SUNRISE COMMUNITY HEALTH 401(K) SAFE HARBOR PLAN (2018) Form 5500
Creator: SUNRISE COMMUNITY HEALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUNRISE COMMUNITY HEALTH 401(K) SAFE HARBOR PLAN, SUNRISE COMMUNITY HEALTH, INC.

SUNRISE COMMUNITY HEALTH, INC.EIN 84-0613289Plan #001PY 2018

2930 11TH AVE - EVANS, CO 806201011970-350-4672sunrisecommunityhealth.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.1M

+4.1% from 2017

Total participants

408

0.0% from 2017

Average account balance

$32,806

-5.2% from 2017

Annual return

-3.91%

-20.43 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.54M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

273

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.

61.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.86M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$268

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
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290	Contract Administrator	$45,798
GLOBAL RETIREMENT PARTNERS LLC4+ years Service code 27 · EIN 47-1411118	Advisory (Plan)	$21,946

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

$46K

$135 / participant

Contract admin$46K100.0%

% of EOY assets

0.502%

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: JWT & ASSOCIATES, LLP
Auditor EIN: 472718509
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,806

$37,196-11.8%

$154,114-78.7%

$55,725-41.1%

Participation rate

61.5%

64.1%-2.6pp

83.0%-21.5pp

70.9%-9.3pp

Annual return

-3.91%

1319.68%-1323.6pp

735.16%-739.1pp

244.93%-248.8pp

Employer contribution / active EE

$1,278

$1,614-20.8%

$5,298-75.9%

$2,078-38.5%

Participant deferral / active EE

$2,350

$2,068+13.6%

$5,081-53.8%

$3,356-30.0%

Admin fee / account holder

$165

$102+62.2%

$13,411-98.8%

$115+43.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$45,798

GLOBAL RETIREMENT PARTNERS LLC4+ years

Service code 27 · EIN 47-1411118

Advisory (Plan)

$21,946

SUNRISE COMMUNITY HEALTH 401(K) SAFE HARBOR PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUNRISE COMMUNITY HEALTH 401(K) SAFE HARBOR 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