Retirement plan

KINDERING CENTER 403(B) PLAN

Name: KINDERING CENTER - KINDERING CENTER 403(B) PLAN (2015) Form 5500
Creator: KINDERING CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINDERING CENTER 403(B) PLAN, KINDERING CENTER

KINDERING CENTEREIN 91-0816827Plan #001PY 2015

16120 NE 8TH STREET - BELLEVUE, WA 98008415-747-4004

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$5.1M

No prior year

Total participants

191

No prior year

Average account balance

$41,502

No prior year

Annual return

-0.62%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.33M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

253

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.

67.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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
VERISIGHT, INC.1+ years Filed as: VERISIGHT INC Service code 13 · EIN 71-0294708	Contract Administrator	$13,235

Plan features & details

Pension benefit codes2F2G2K2L

Plan features

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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$14K

$89 / participant

Contract admin$14K100.0%

% of EOY assets

0.263%

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: PETERSON SULLIVAN LLP
Auditor EIN: 910605875
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,502

$46,360-10.5%

$147,617-71.9%

$52,331-20.7%

Participation rate

55.9%

64.9%-9.0pp

84.6%-28.7pp

68.1%-12.2pp

Annual return

-0.62%

1.62%-2.2pp

61.98%-62.6pp

4.54%-5.2pp

Employer contribution / active EE

$874

$2,126-58.9%

$5,565-84.3%

$1,882-53.5%

Participant deferral / active EE

$2,062

$2,258-8.7%

$4,895-57.9%

$3,022-31.8%

Admin fee / account holder

$109

$766-85.8%

$11,611-99.1%

$592-81.6%

Provider

Service type

Compensation

VERISIGHT, INC.1+ years

Filed as: VERISIGHT INC

Service code 13 · EIN 71-0294708

Contract Administrator

$13,235

KINDERING CENTER 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINDERING CENTER 403(B) 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