Retirement plan
INTERMOUNTAIN HEALTHCARE SAVINGS PLUS 401(K) PLAN
INTERMOUNTAIN HEALTH CARE, INC.EIN 87-0269232Plan #002PY 2020
36 S STATE ST, 16TH FLOOR - SALT LAKE CITY, UT 84111801-442-2049LinkedIn11-50 employeesmedical practice
Other plans on this EIN
2 filingsProspect flagsCorrective distributions
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$3686.4M
-7.2% from 2016
Total participants
54,053
-4.3% from 2016
Average account balance
$79,283
-2.5% from 2016
Annual return
22.15%
-4.14 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort228 peers
Snapshot2020
52
Participant deferral / active EE
$4,099
median $3,786
35
Employer contribution / active EE
$1,073
median $1,365
46
Participation rate
81.5%
median 83.8%
76
Avg account balance
$79,283
median $58,490
10
Admin fee / account holder
$96
median $46
86
Annual return
22.15%
median 16.84%
Overall peer rank
51of 100
51st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$6.83B
Average account balance
Total assets / participants with a balance (line 6g)
$81K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
83,866
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
96.0%
Contributions (total)
Employer and participant dollars contributed each year
$573.85M
Contributions per participant
Average employer and participant contribution per enrolled participant
$8K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.67%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$117
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 10 of 20 by compensation
| Provider | Service type | Compensation |
|---|---|---|
SANDS CAPITAL1 year Service code 27 1000 WILSON BOULEVARD, SUITE 3000 · ARLINGTON, VA 22209 | Advisory (Plan) | $1,573,000 |
T ROWE PRICE RPS INC6+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202 | Recordkeeping | $1,548,000 |
TOWNSQUARE CAPITAL LLC2 years Service code 26 5314 RIVER RUN DR · PROVO, UT 84604 | Advisory (Participants) | $468,000 |
INVESCO4 years Service code 27 22069 NETWORK PLACE · CHICAGO, IL 60673 | Advisory (Plan) | $339,000 |
MERCER2 years Service code 16 PO BOX 13793 · DALLAS, TX 75373 | Consulting | $83,000 |
Service code 26 620 S MAIN ST · BOUNTIFUL, UT 84010 | Advisory (Participants) | $64,000 |
NORTHERN TRUST1 year Service code 21 PO BOX 75986 · CHICAGO, IL 60675 | Bank Trustee | $63,000 |
Service code 26 22 WEST WASHINGTON STREET · CHICAGO, IL 60602 | Advisory (Participants) | $51,000 |
Service code 26 3883 TELEGRAPH RD · BLOOMFIELD TWP, MI 48302 | Advisory (Participants) | $38,000 |
STOEL RIVES LLP6+ years Service code 29 201 SOUTH MAIN STREET · SALT LAKE CITY, UT 84111 | Legal | $35,000 |
Plan features & details
Pension benefit codes2E2F2G2J2R2S3H
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 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.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2RParticipant-directed brokerage accountsParticipant-directed brokerage accounts provided as an investment option under the plan.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
1 tripped
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
Expense breakdown
Schedule H Part II
Admin total
$4.5M
$109 / participant
- Investment mgmt$3M63.5%
- Contract admin$1M32.0%
- Other / not subdivided$203K4.6%
% of EOY assets
0.121%
all-in expense ratio
Categories reported
2 / 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