Retirement plan
VALLEY HEALTH SYSTEM EMPLOYEE CONTRIBUTORY 403(B) PLAN
VALLEY HEALTH SYSTEMEIN 52-1357729Plan #002PY 2024
333 WEST CORK STREET, SUITE 140 - WINCHESTER, VA 226015228540-536-3451valleyhealthlink.comLinkedIn5001-10000 employeeshospital & health care
Other plans on this EIN
1 filingProspect flagsLow returns
Filing contacts
From the Form 5500, federal recordPlan administrator signer
ROBERT M AMOS
Signed 10/15/2025
Summary metrics
Total assets (EOY)
$542M
-11.6% from 2016
Total participants
9,898
+11.8% from 2016
Average account balance
$56,871
-19.0% from 2016
Annual return
12.11%
-7.87 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants5,000-9,999
Cohort237 peers
Snapshot2024
52
Participant deferral / active EE
$4,235
median $3,813
58
Employer contribution / active EE
$2,473
median $1,589
72
Participation rate
94.1%
median 78.3%
50
Avg account balance
$56,871
median $56,899
62
Admin fee / account holder
$53
median $64
15
Annual return
12.11%
median 14.46%
Overall peer rank
51of 100
51st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$541.98M
Average account balance
Total assets / participants with a balance (line 6g)
$57K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
9,530
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
94.1%
Contributions (total)
Employer and participant dollars contributed each year
$42.05M
Contributions per participant
Average employer and participant contribution per enrolled participant
$7K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.11%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$53
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 3 by compensation
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION10+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $409,175 |
CAPFINANCIAL PARTNERS, LLC7 years Service code 27 · EIN 26-0058143 | Advisory (Plan) | $84,463 |
VARIABLE ANNUITY LIFE INSURANCE CO10+ years Service code 13 · EIN 74-1625348 | Contract Administrator | $7,931 |
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
Plans declared (3)
- Enhanced Severance Agreement1 emp
- Enhanced Severance Agreement1 emp
- Enhanced Severance Agreement1 emp
Total covered: 3 employees
Plan features & details
Pension benefit codes2F2G2L2M2T3D2S
Plan features
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2LCode section 403(b)(1) arrangementPlan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
- 2MCode section 403(b)(7) accountsPlan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3DPre-approved pension planA master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
Opportunity flags
1 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
Expense breakdown
Schedule H Part II
Admin total
$502K
$80 / participant
- Investment mgmt$84K16.8%
- Contract admin$417K83.2%
% of EOY assets
0.093%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- BAKER TILLY US, LLP
- Auditor EIN
- 301413443
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified