PlanOptica
Retirement plan

VALLEY HEALTH EMPLOYEES RETIREMENT PLAN

VALLEY HEALTHEIN 52-1357729Plan #001PY 2019
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1840 AMHERST STREET - WINCHESTER, VA 22601540-536-4306valleyhealthlink.comLinkedIn5001-10000 employeeshospital & health care
Other plans on this EIN
1 filing
#002Retirement-$358.1M assets
Prospect flagsHigh retiree %Low participation

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(540) 536-4306
Plan administrator signer
PETER F GALLAGHER
Signed 10/14/2020
Plan administrator entity
BOARD OF DIRECTORS
EIN 540505979
PO BOX 3340 · WINCHESTER, VA 22604
(540) 536-8031
How to read this page

Summary metrics

Total assets (EOY)
$296.1M
-2.5% from 2016
Total participants
4,507
+13.4% from 2016
Average account balance
$0
No prior year
Annual return
20.29%
-5.25 pp from 2016

Benchmarks

See 139 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort139 peers
Snapshot2019
Participant deferral / active EE
$0
median $1
Employer contribution / active EE
$8,905
median $5,563
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $341,093,897
Admin fee / account holder
$0
median $1,551,325
Annual return
20.29%
median 17.07%
Overall peer rank
44th percentileavg across 6 metrics

Analytics

2015 - 2019
Total assets (EOY)
Plan-year ending balance
$296.07M
Average account balance
Total assets / participants with a balance (line 6g)
$66K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
2,533
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
$17.58M
Contributions per participant
Average employer and participant contribution per enrolled participant
$9K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+20.29%
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

Top 1 by compensation
ProviderService typeCompensation
WELLS FARGO5+ years
Service code 28 · EIN 94-1347393
1445 ROSS AVENUE SUITE 410 · DALLAS, TX 75202
Investment Management
$0

Enrolled actuary

1 attachment
SB

AMY L. GENTILE

FINDLEY, INC.
Enrollment #2008186
1660 WEST 2ND STREET
SUITE 900
CLEVELAND, OH 44113
(216) 875-1900
Signed 2020-09-18

Top hat statement on fileNQDC

Filed August 20, 2019 (most recent of 8 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view
220 Campus Boulevard, Suite 420
Winchester, VA 22601
Email— Sign in and upgrade to viewPhone— Sign in and upgrade to view

Plans declared (3)

  • Enhanced Severance Agreement1 emp
  • Enhanced Severance Agreement1 emp
  • Enhanced Severance Agreement1 emp

Total covered: 3 employees

Open the filing PDF

Plan features & details

Pension benefit codes1A1C1I3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1I
    Frozen plan
    As 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.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

  • 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
$703K
$356 / participant
  • Investment mgmt$703K100.0%
% of EOY assets
0.237%
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
YOUNT, HYDE, & BARBOUR, PC
Auditor EIN
541149263
Audit fees
(not subdivided)
Opinion code
Disclaimer