Retirement plan
WILLAMETTE FALLS HOSPITAL PENSION PLAN
PROVIDENCE HEALTH & SERVICESEIN 51-0216586Plan #007PY 2015
1801 LIND AVE SW # 9016 - RENTON, WA 980579016425-525-3368LinkedIn10001+ employeeshospital & health care
Other plans on this EIN
3 filingsProspect flagsHigh retiree %Low returns
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$48.1M
-3.2% from 2016
Total participants
886
+2.5% from 2016
Average account balance
$0
No prior year
Annual return
-4.56%
-14.68 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants250-999
Cohort237 peers
Snapshot2015
0
Participant deferral / active EE
$0
median $0
81
Employer contribution / active EE
$18,151
median $5,051
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $82,591
0
Admin fee / account holder
$0
median $717
9
Annual return
-4.56%
median -1.83%
Overall peer rank
45of 100
45th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$43.74M
Average account balance
Total assets / participants with a balance (line 6g)
$58K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
642
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$500K
Contributions per participant
Average employer and participant contribution per enrolled participant
$4K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+4.44%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.
Enrolled actuary
1 attachment
SB
CHRISTOPHER R. WOOD, ASA, EA, MAAA
MILLIMAN, INC.
Enrollment #1704142
111 SW FIFTH AVE.
SUITE 3700
PORTLAND, OR 972043654
(503) 227-0634
Signed 2017-09-19
Top hat statement on fileNQDC
Filed July 6, 2015 (most recent of 4 filings on file)
Plan administrator
Plan administrator name— Sign in and upgrade to view
1801 Lind Avenue, SW
Renton State: WA Zip Code: 98057
Plans declared (1)
- Providence Health & Services Executive Strategic Initiatives Plan125 emp
Plan features & details
Pension benefit codes1A1I
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1IFrozen planAs of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
Opportunity flags
2 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Expense breakdown
Schedule H Part II
Admin total
$458K
$1569 / participant
- Other / not subdivided$458K100.0%
% of EOY assets
0.951%
all-in expense ratio
Categories reported
0 / 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
- KPMG LLP
- Auditor EIN
- 135565207
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer