Retirement plan

THE LEAVITT GROUP PROFIT SHARING AND RETIREMENT SAVINGS EMPLOYEE STOCK OWNERSHIP PLAN

Name: LEAVITT GROUP ENTERPRISES, INC. - THE LEAVITT GROUP PROFIT SHARING AND RETIREMENT SAVINGS EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: LEAVITT GROUP ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LEAVITT GROUP PROFIT SHARING AND RETIREMENT SAVINGS EMPLOYEE STOCK OWNERSHIP PLAN, LEAVITT GROUP ENTERPRISES, INC.

LEAVITT GROUP ENTERPRISES, INC.EIN 88-0090855Plan #001PY 2017

465 SOUTH 400 EAST SUITE 300 - SALT, UT 84111801-819-7810LinkedIn51-200 employeesphilanthropy

Prospect flagsLow employer contributionCorrective distributions

Top hat statement on fileNQDC

Filed July 12, 2006

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$115.4M

+17.8% from 2016

Total participants

2,276

+10.8% from 2016

Average account balance

$52,876

+6.6% from 2016

Annual return

18.11%

+7.36 pp from 2016

Benchmarks

See 531 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort531 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$244.13M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

4,646

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.

92.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$21.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+16.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$255,579
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$101,105
LPL FINANCIAL3+ years Filed as: LPL FINANCIAL LLC Service code 55 4707 EXECUTIVE DR · SAN DIEGO, CA 92121	Other Commissions	$53,198
ASCENDE WEALTH ADVISERS INC1 year Service code 27 2700 POST OAK BLVD 25TH FL · HOUSTON, TX 77056	Advisory (Plan)	$15,000
HINTON BURDICK, PLLC3+ years Service code 10 63 SOUTH 300 EAST SUITE 100 · ST GEORGE, UT 84770	Accounting	$11,500
DURHAM JONES & PINEGAR1 year Service code 29 PO BOX 4050 · SALT LAKE CITY, UT 84110	Legal	$1,880

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

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.
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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$385K

$214 / participant

Contract admin$385K100.0%
Other / not subdivided$1110.0%

% of EOY assets

0.334%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HINTONBURDICK CPA'S AND ADVISORS
Auditor EIN: 870492866
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,876

$89,274-40.8%

$149,718-64.7%

$77,958-32.2%

Participation rate

94.8%

87.6%+7.2pp

87.1%+7.7pp

71.6%+23.1pp

Annual return

18.11%

20.36%-2.3pp

1501.63%-1483.5pp

20.87%-2.8pp

Employer contribution / active EE

$1,313

$3,727-64.8%

$5,445-75.9%

$2,310-43.2%

Participant deferral / active EE

$3,774

$5,382-29.9%

$6,569-42.5%

$3,537+6.7%

Admin fee / account holder

$177

$240-26.4%

$11,283-98.4%

$97+81.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$255,579

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$101,105

LPL FINANCIAL3+ years

Filed as: LPL FINANCIAL LLC

Service code 55

4707 EXECUTIVE DR · SAN DIEGO, CA 92121

Other Commissions

$53,198

ASCENDE WEALTH ADVISERS INC1 year

Service code 27

2700 POST OAK BLVD 25TH FL · HOUSTON, TX 77056

Advisory (Plan)

$15,000

HINTON BURDICK, PLLC3+ years

Service code 10

63 SOUTH 300 EAST SUITE 100 · ST GEORGE, UT 84770

Accounting

$11,500

DURHAM JONES & PINEGAR1 year

Service code 29

PO BOX 4050 · SALT LAKE CITY, UT 84110

Legal

$1,880

THE LEAVITT GROUP PROFIT SHARING AND RETIREMENT SAVINGS EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LEAVITT GROUP PROFIT SHARING AND RETIREMENT SAVINGS EMPLOYEE STOCK OWNERSHIP PLAN

Top hat statement on fileNQDC

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