Retirement plan

HEALTHRIGHT 360 PROFIT SHARING PLAN

Name: HEALTHRIGHT 360 - HEALTHRIGHT 360 PROFIT SHARING PLAN (2018) 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 2018

1563 MISSION STREET - SAN FRANCISCO, CA 94103415-967-7038healthright360.orgLinkedIn501-1000 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$11.8M assets

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$4.8M

+0.7% from 2017

Total participants

849

+24.7% from 2017

Average account balance

$12,745

+7.6% from 2017

Annual return

9.26%

-7.42 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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 10 of 13 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC3 years Service code 27 · EIN 47-1411118	Advisory (Plan)	$11,863
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Service code 49 · EIN 04-1590850	Other Services	$7,785
AMERICAN FUNDS2 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
BARON2 years Service code 52 · EIN 13-6891420	Indirect Investment Fees	$0
CALVERT2 years Service code 52 · EIN 52-1233223	Indirect Investment Fees	$0
GOLDMAN SACHS2 years Service code 52 · EIN 13-4166989	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 84-0933032	Indirect Investment Fees	$0
OPPENHEIMER2 years Service code 52 · EIN 93-1036175	Indirect Investment Fees	$0
PIMCO FUNDS2 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0
RIDGEWORTH2 years Service code 52 · EIN 95-6981193	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2T2A2F2G3D

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

3 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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$10 / participant

Contract admin$8K100.0%

% of EOY assets

0.162%

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

$12,745

$37,196-65.7%

$154,114-91.7%

$55,725-77.1%

Participation rate

39.1%

64.1%-25.0pp

83.0%-44.0pp

70.9%-31.8pp

Annual return

9.26%

1319.68%-1310.4pp

735.16%-725.9pp

244.93%-235.7pp

Employer contribution / active EE

$1,614-99.6%

$5,298-99.9%

$2,078-99.7%

Participant deferral / active EE

$2,068-100.0%

$5,081-100.0%

$3,356-100.0%

Admin fee / account holder

$21

$102-79.7%

$13,411-99.8%

$115-82.1%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC3 years

Service code 27 · EIN 47-1411118

Advisory (Plan)

$11,863

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Service code 49 · EIN 04-1590850

Other Services

$7,785

AMERICAN FUNDS2 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

BARON2 years

Service code 52 · EIN 13-6891420

Indirect Investment Fees

CALVERT2 years

Service code 52 · EIN 52-1233223

Indirect Investment Fees

GOLDMAN SACHS2 years

Service code 52 · EIN 13-4166989

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 84-0933032

Indirect Investment Fees

OPPENHEIMER2 years

Service code 52 · EIN 93-1036175

Indirect Investment Fees

PIMCO FUNDS2 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

RIDGEWORTH2 years

Service code 52 · EIN 95-6981193

Indirect Investment Fees

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