Retirement plan

GOLDEN EMPIRE NURSING AND REHABILITATION CENTER 401(K) PROFIT SHARING PLAN

Name: GOLDEN EMPIRE NURSING & REHABILITATION CENTER - GOLDEN EMPIRE NURSING AND REHABILITATION CENTER 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: GOLDEN EMPIRE NURSING & REHABILITATION CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOLDEN EMPIRE NURSING AND REHABILITATION CENTER 401(K) PROFIT SHARING PLAN, GOLDEN EMPIRE NURSING & REHABILITATION CENTER

GOLDEN EMPIRE NURSING & REHABILITATION CENTEREIN 94-2229689Plan #001PY 2018

121 DORSEY DRIVE - GRASS VALLEY, CA 95945530-273-1316

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.4M

-3.6% from 2017

Total participants

233

0.0% from 2017

Average account balance

$34,065

-5.0% from 2017

Annual return

-6.50%

-17.88 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.23M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

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.

27.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$973

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

+12.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8336

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
BAIRD FUNDS4+ years Filed as: ROBERT W. BAIRD & CO., INC. Service code 26 · EIN 39-6037917 360 SIERRA COLLEGE DRIVE, STE 200 · GRASS VALLEY, CA 95945	Advisory (Participants)	$21,849
PENSION ASSURANCE LLP4+ years Filed as: PENSION MANAGEMENT CONSULTANTS, INC Service code 13 · EIN 77-0443464 1165 SCENIC DR. BLDG B-1 · MODESTO, CA 95350	Contract Administrator	$570
JOHN HANCOCK LIFE INSURANCE COMPANY4+ years Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 14201	Recordkeeping	$200

Plan features & details

Pension benefit codes2E2J2K2F2G3D3B2T

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$802

$4 / participant

Investment mgmt$23228.9%
Contract admin$57071.1%

% of EOY assets

0.033%

all-in expense ratio

Categories reported

2 / 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: SCHWARTZ GIANNINI LANTSBERGER ETAL
Auditor EIN: 680290029
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,065

$47,977-29.0%

$154,111-77.9%

$56,287-39.5%

Participation rate

25.0%

66.2%-41.2pp

83.0%-58.0pp

69.9%-44.9pp

Annual return

-6.50%

3.54%-10.0pp

735.18%-741.7pp

-9.96%+3.5pp

Employer contribution / active EE

$2,169-100.0%

$5,298-100.0%

$2,111-100.0%

Participant deferral / active EE

$1,352

$2,392-43.5%

$5,081-73.4%

$3,350-59.6%

Admin fee / account holder

$11

$438-97.4%

$13,411-99.9%

$521-97.8%

Provider

Service type

Compensation

BAIRD FUNDS4+ years

Filed as: ROBERT W. BAIRD & CO., INC.

Service code 26 · EIN 39-6037917

360 SIERRA COLLEGE DRIVE, STE 200 · GRASS VALLEY, CA 95945

Advisory (Participants)

$21,849

PENSION ASSURANCE LLP4+ years

Filed as: PENSION MANAGEMENT CONSULTANTS, INC

Service code 13 · EIN 77-0443464

1165 SCENIC DR. BLDG B-1 · MODESTO, CA 95350

Contract Administrator

$570

JOHN HANCOCK LIFE INSURANCE COMPANY4+ years

Filed as: JOHN HANCOCK LIFE INSURANCE CO.

Service code 15 · EIN 01-0233346

PO BOX 600 · BUFFALO, NY 14201

Recordkeeping

$200

GOLDEN EMPIRE NURSING AND REHABILITATION CENTER 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOLDEN EMPIRE NURSING AND REHABILITATION CENTER 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