Retirement plan

ALASKA HEART INSTITUTE, LLC 401(K) PROFIT SHARING PLAN

Name: ALASKA HEART INSTITUTE, LLC - ALASKA HEART INSTITUTE, LLC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: ALASKA HEART INSTITUTE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALASKA HEART INSTITUTE, LLC 401(K) PROFIT SHARING PLAN, ALASKA HEART INSTITUTE, LLC

ALASKA HEART INSTITUTE, LLCEIN 92-0165692Plan #001PY 2020

3841 PIPER ST STE T1-057 - ANCHORAGE, AK 99508907-561-3211

Other plans on this EIN

1 filing

#002Retirement-$5.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$65M

+6.8% from 2019

Total participants

358

+12.6% from 2019

Average account balance

$208,291

+3.4% from 2019

Annual return

14.38%

-4.93 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$74.45M

Not enough data

1 years with asset history on file

Average account balance

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

$194K

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.

383

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$112

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
MORGAN STANLEY SMITH BARNEY4 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 17 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004	Pension Consulting	$35,402
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$23,460

Plan features & details

Pension benefit codes2A2E2F2J2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$59K

$222 / participant

Investment mgmt$35K60.1%
Other / not subdivided$23K39.9%

% of EOY assets

0.091%

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: PORTER & ALLISON, INC
Auditor EIN: 475223460
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$208,291

$52,293+298.3%

$178,503+16.7%

$73,412+183.7%

Participation rate

82.6%

65.3%+17.3pp

81.9%+0.7pp

72.2%+10.5pp

Annual return

14.38%

34.75%-20.4pp

151.12%-136.7pp

59.30%-44.9pp

Employer contribution / active EE

$7,301

$1,736+320.5%

$5,011+45.7%

$2,234+226.9%

Participant deferral / active EE

$6,010

$2,333+157.6%

$5,202+15.5%

$3,806+57.9%

Admin fee / account holder

$189

$127+48.1%

$13,987-98.7%

$158+19.5%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY4 years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 17

1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004

Pension Consulting

$35,402

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Service code 15

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$23,460

ALASKA HEART INSTITUTE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALASKA HEART INSTITUTE, LLC 401(K) PROFIT SHARING 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