Retirement plan
INTERMOUNTAIN HEALTHCARE TAX DEFERRED SAVINGS 403(B) PLAN
INTERMOUNTAIN HEALTH CARE, INC.EIN 87-0269232Plan #003PY 2015
36 S STATE ST, 16TH FLOOR - SALT LAKE CITY, UT 84111801-442-2214LinkedIn11-50 employeesmedical practice
Other plans on this EIN
2 filingsProspect flagsLow returnsLow participationLow participant contribution
Filing contacts
From the Form 5500, federal recordSummary metrics
Total assets (EOY)
$174M
-9.4% from 2016
Total participants
36,908
-2.9% from 2016
Average account balance
$39,977
-5.5% from 2016
Annual return
-2.19%
-11.97 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort182 peers
Snapshot2015
9
Participant deferral / active EE
$340
median $2,716
0
Employer contribution / active EE
$0
median $1,045
6
Participation rate
10.0%
median 71.6%
46
Avg account balance
$39,977
median $41,617
70
Admin fee / account holder
$15
median $28
2
Annual return
-2.19%
median 1.22%
Overall peer rank
27of 100
27th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$341.69M
Average account balance
Total assets / participants with a balance (line 6g)
$78K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
4,383
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
7.8%
Contributions (total)
Employer and participant dollars contributed each year
$25.13M
Contributions per participant
Average employer and participant contribution per enrolled participant
$543
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.24%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$45
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 |
|---|---|---|
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202 | Recordkeeping | $37,000 |
KPMG LLP1+ years Service code 10 15 W. TEMPLE · SALT LAKE CITY, UT 84101 | Accounting | $21,000 |
SUMMIT STRATEGIES GROUP1+ years Service code 16 8182 MARYLAND AVE · ST LOUIS, MO 63105 | Consulting | $8,000 |
Plan features & details
Pension benefit codes2F2G2M3H
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.
- 2MCode section 403(b)(7) accountsPlan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
3 tripped
- OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
- OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
Expense breakdown
Schedule H Part II
Admin total
$67K
$2 / participant
- Investment mgmt$8K11.9%
- Other / not subdivided$59K88.1%
% of EOY assets
0.039%
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
- KPMG, LLP
- Auditor EIN
- 135565207
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer