Retirement plan

VALLEY HEALTH EMPLOYEES RETIREMENT PLAN

VALLEY HEALTHEIN 52-1357729Plan #001PY 2016
1840 AMHERST STREET - WINCHESTER, VA 22601540-536-2084valleyhealthlink.comLinkedIn5001-10000 employeeshospital & health care
Other plans on this EIN
1 filing
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(540) 536-2084
Plan administrator signer
PETER F GALLAGHER
Signed 10/12/2017
Plan administrator entity
BOARD OF DIRECTORS
EIN 540505979
PO BOX 3340 · WINCHESTER, VA 22604
(540) 536-8031

Summary metrics

Total assets (EOY)
$236.1M
-2.5% from 2016
Total participants
5,041
+13.4% from 2016
Average account balance
$0
No prior year
Annual return
4.95%
-5.25 pp from 2016

Benchmarks

Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined benefit
Participants1,000-4,999
Cohort188 peers
Snapshot2016
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$4,385
median $4,704
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $381,942,733
Admin fee / account holder
$0
median $2,655,710
Annual return
4.95%
median 6.51%
Overall peer rank
35th 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 FARGO2+ 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 DAVIES, INC.
Enrollment #1708186
1660 WEST 2ND STREET
SUITE 900
CLEVELAND, OH 44113
(216) 875-1900
Signed 2017-09-20

Top hat statement on fileNQDC

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

Plans declared (3)

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

Total covered: 3 employees

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

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$26K
$10 / participant
  • Other / not subdivided$26K100.0%
% of EOY assets
0.011%
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
YOUNT, HYDE, & BARBOUR, PC
Auditor EIN
541149263
Audit fees
(not subdivided)
Opinion code
Disclaimer