Retirement plan

VIVANT HEALTH 401K PROFIT SHARING PLAN

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

VIVANT HEALTH LLCEIN 92-0987910Plan #002PY 2023

7311 GREENHAVEN DRIVE SUITE 265 - SACRAMENTO, CA 958310000916-228-4300vivanthealth.comLinkedIn201-500 employeeshospital & health care

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$5.3M

No prior year

Total participants

224

No prior year

Average account balance

$25,443

No prior year

Annual return

14.33%

No prior year

Benchmarks

See 1,361 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,361 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.19M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

250

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$954K

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

+11.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$168

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
LINCOLN NATIONAL CORPORATION1+ years Filed as: LINCOLN FINANCIAL GROUP Service code 27 · EIN 35-0472300 PO BOX 2212 · FORT WAYNE, IN 46081	Advisory (Plan)	$26,527

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$27K

$201 / participant

Investment mgmt$24K91.1%
Other / not subdivided$2K8.9%

% of EOY assets

0.501%

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: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,443

$41,150-38.2%

$80,627-68.4%

$71,511-64.4%

Participation rate

87.9%

50.3%+37.6pp

67.0%+20.9pp

67.9%+19.9pp

Annual return

14.33%

38.48%-24.1pp

936.76%-922.4pp

28.86%-14.5pp

Employer contribution / active EE

$1,751

$1,515+15.5%

$2,723-35.7%

$2,589-32.4%

Participant deferral / active EE

$3,790

$2,701+40.3%

$4,443-14.7%

$4,291-11.7%

Admin fee / account holder

$128

$1,841-93.1%

$5,381-97.6%

$1,588-92.0%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1+ years

Filed as: LINCOLN FINANCIAL GROUP

Service code 27 · EIN 35-0472300

PO BOX 2212 · FORT WAYNE, IN 46081

Advisory (Plan)

$26,527

VIVANT HEALTH 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VIVANT HEALTH 401K 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