Retirement plan

CURANA HEALTH LLC 401(K) PLAN

Name: CURANA HEALTH LLC - CURANA HEALTH LLC 401(K) PLAN (2023) Form 5500
Creator: CURANA HEALTH LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CURANA HEALTH LLC 401(K) PLAN, CURANA HEALTH LLC

CURANA HEALTH LLCEIN 87-4701840Plan #001PY 2023

8911 N CAPITAL OF TAXAS HWY, SUITE 110 - AUSTIN, TX 78759877-279-5960curanahealth.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$35.7M

+165.9% from 2022

Total participants

1,338

+54.9% from 2022

Average account balance

$46,161

+77.8% from 2022

Annual return

125.53%

+38.70 pp from 2022

Benchmarks

See 353 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort353 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$54.20M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

1,043

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.

53.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+31.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969	Claims processing; Recordkeeping and ...	$13,144

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$12 / participant

Recordkeeping$9K60.5%
Trustee / custodial$9987.1%
Contract admin$5K32.4%

% of EOY assets

0.040%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: APRIO
Auditor EIN: 571157523
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,161

$40,278+14.6%

$80,627-42.7%

$80,157-42.4%

Participation rate

51.7%

47.5%+4.1pp

67.0%-15.3pp

72.9%-21.3pp

Annual return

125.53%

50.86%+74.7pp

936.76%-811.2pp

40.39%+85.1pp

Employer contribution / active EE

$1,986

$1,332+49.1%

$2,723-27.1%

$2,977-33.3%

Participant deferral / active EE

$4,069

$2,696+51.0%

$4,443-8.4%

$5,015-18.9%

Admin fee / account holder

$18

$210-91.3%

$5,381-99.7%

$145-87.4%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Service code 12 · EIN 27-2037969

Claims processing; Recordkeeping and ...

$13,144

CURANA HEALTH LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CURANA 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