Retirement plan

ENSEMBLE RETIREMENT SAVINGS PLAN 401(K)

Name: ENSEMBLE HEALTH PARTNERS HOLDINGS, LLC - ENSEMBLE RETIREMENT SAVINGS PLAN 401(K) (2022) Form 5500
Creator: ENSEMBLE HEALTH PARTNERS HOLDINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENSEMBLE RETIREMENT SAVINGS PLAN 401(K), ENSEMBLE HEALTH PARTNERS HOLDINGS, LLC

ENSEMBLE HEALTH PARTNERS HOLDINGS, LLCEIN 84-2528019Plan #021PY 2022

11511 REED HARTMAN HIGHWAY - CINCINNATI, OH 45241513-466-2541ensemblehp.comLinkedIn10001+ employeeshospital & health care

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$131.2M

-39.7% from 2021

Total participants

9,925

-8.1% from 2021

Average account balance

$13,546

-20.2% from 2021

Annual return

-7.77%

+36.53 pp from 2021

Benchmarks

See 229 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort229 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$269.19M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

13,498

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.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56.22M

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

+20.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57

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
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$338,366
MERCER2 years Filed as: MERCER INC. Service code 16 · EIN 13-2834414	Consulting	$32,222
KESTRA INVESTMENT SERVICES LLC1 year Service code 27 · EIN 35-2552359	Advisory (Plan)	$26,210
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$17,463

Plan features & details

Pension benefit codes2J2R2S2T3H2E2F2G

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$415K

$46 / participant

Investment mgmt$17K4.2%
Other / not subdivided$397K95.8%

% of EOY assets

0.316%

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: CASSELL PLAN AUDITS, INC.
Auditor EIN: 462966358
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,546

$52,346-74.1%

$143,801-90.6%

$78,104-82.7%

Participation rate

97.3%

72.7%+24.6pp

80.3%+17.0pp

74.5%+22.8pp

Annual return

-7.77%

-14.19%+6.4pp

-0.04%-7.7pp

10.90%-18.7pp

Employer contribution / active EE

$1,017

$2,131-52.3%

$4,952-79.5%

$3,128-67.5%

Participant deferral / active EE

$3,185

$3,800-16.2%

$5,639-43.5%

$5,089-37.4%

Admin fee / account holder

$43

$63-32.5%

$14,680-99.7%

$79-45.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$338,366

MERCER2 years

Filed as: MERCER INC.

Service code 16 · EIN 13-2834414

Consulting

$32,222

KESTRA INVESTMENT SERVICES LLC1 year

Service code 27 · EIN 35-2552359

Advisory (Plan)

$26,210

STRATEGIC ADVISORS, INC.2 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$17,463

ENSEMBLE RETIREMENT SAVINGS PLAN 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENSEMBLE RETIREMENT SAVINGS PLAN 401(K)

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