The Lutheran Home at Kane
Form 5500 DataOverview
Plan Description
Retirement Plan of the Lutheran Home at Kane is a defined contribution plan. This plan has a BrightScope Rating of 38. Retirement Plan of the Lutheran Home at Kane currently has over 200 active participants and over $2.7M in plan assets.
Did you know?
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (38) and the top rated plan (69) could equate to:
12
Additional years of work
205,124
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 100 High Point Dr.
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 100 High Point Dr.
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LocationKane , PA16735
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IndustryHealth Care and Social Assistance
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AdministratorCharlotte Floravit
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Net Plan Assets$2,650,000
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Total Participants230
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Avg Account Balance$21,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Average Fees
Company Generosity:
Average
Performance
Participation Rate:
Poor
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.
Design
Total Plan Cost:
Low Fees
Company Generosity:
Average
Performance
Participation Rate:
Poor
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.
Peer Group Plans
Company | Rating |
---|---|
Tcv Employees, LLC | 58.5 |
FG Healthcare Properties, LLC | 57.1 |
Mercy Ridge | 52.5 |
St. Luke Residential Health Care Facility | 50.3 |
The Huie Group | 48.9 |
St. Luke's Lutheran Care Center | 45.3 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
Practice Management
Practice Management: Areas of Success
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
December 28, 2020
Deals & People
HUB Names New Leader for Retirement and Private Wealth
PLANADVISER has learned that HUB International has named Joe DeNoyior as the new leader for Retirement and Private Wealth.
January 22, 2021
exclusives
Democrats Have Won the Power to Fix Union Pensions
A bipartisan compromise solution to end the multiemployer pension crisis is urgently required, sources agree, and one could finally be forthcoming in the U.S. Congress.
January 19, 2021
Compliance
Retirement Plan Trustee Faces Cybersecurity-Related Lawsuit
The lawsuit says the trustee failed to prevent a fraudulent distribution from a participant's account and is failing to take responsibility.
January 15, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
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Vanguard Total Bond Market Index | 30% |
N/A
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Lincoln Financial Stable Value | 20% |
N/A
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AB Relative Value | 9% |
N/A
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100%
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100%
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100%
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100%
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View all funds in this plan
Providers
Plan Service Providers
SERVICE | PROVIDER |
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Insurance Carrier
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Brighthouse Life Insurance Company
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Insurance Carrier
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Various
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Insurance Carrier
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Transamerica
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Insurance Carrier
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Kemper Investors Life Insurance Company
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Insurance Carrier
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Lincoln Financial
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Insurance Advisor/Broker
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Brighthouse Securities, LLC
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Insurance Advisor/Broker
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Voya Financial (ING)
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Insurance Advisor/Broker
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Cambridge Investment Research
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Auditor
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Reinsel Kuntz Lesher, LLP
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Articles and Questions

Boeing Fee Settlement Highlights the High Bar for Large Plans
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
Why Do Investment Expenses Matter?
Ryan Alfred
Popular Questions
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