Retirement plan

HEALTHRIGHT 360 PROFIT SHARING PLAN

Name: HEALTHRIGHT 360 - HEALTHRIGHT 360 PROFIT SHARING PLAN (2015) Form 5500
Creator: HEALTHRIGHT 360
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALTHRIGHT 360 PROFIT SHARING PLAN, HEALTHRIGHT 360

HEALTHRIGHT 360EIN 94-6129071Plan #001PY 2015

1735 MISSION STREET, SUITE 2001 - SAN FRANCISCO, CA 94103415-762-3714healthright360.orgLinkedIn501-1000 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$10.0M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.8M

No prior year

Total participants

527

No prior year

Average account balance

$12,478

No prior year

Annual return

-1.04%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.99M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

782

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.

59.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$926K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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)

$23

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
LPL FINANCIAL1+ years Service code 27 · EIN 04-3046611	Advisory (Plan)	$7,583
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$6,795

Plan features & details

Pension benefit codes2E2A2F2G3D2T

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).
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$7K

$14 / participant

Contract admin$7K100.0%

% of EOY assets

0.179%

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: ARMANINO LLP
Auditor EIN: 946214841
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,478

$37,117-66.4%

$147,618-91.5%

$55,191-77.4%

Participation rate

54.3%

63.6%-9.3pp

84.6%-30.3pp

69.2%-14.8pp

Annual return

-1.04%

3.44%-4.5pp

61.98%-63.0pp

10.78%-11.8pp

Employer contribution / active EE

$989

$1,620-39.0%

$5,565-82.2%

$1,899-47.9%

Participant deferral / active EE

$1,985-100.0%

$4,895-100.0%

$3,046-100.0%

Admin fee / account holder

$22

$86-74.0%

$11,612-99.8%

$91-75.5%

Provider

Service type

Compensation

LPL FINANCIAL1+ years

Service code 27 · EIN 04-3046611

Advisory (Plan)

$7,583

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$6,795

HEALTHRIGHT 360 PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEALTHRIGHT 360 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