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Retirement plan

ST. JOSEPH AND COVENANT HEALTH SYSTEMS 403(B) PLAN

ST JOSEPH HEALTH SYSTEMEIN 95-3589356Plan #002PY 2024
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1801 LIND AVE SW - RENTON, WA 98057888-687-3753
Other plans on this EIN
1 filing
#004Retirement-$4.47B assets
Prospect flagsLow employer contributionLow participant contributionWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(888) 687-3753
Plan administrator signer
REBECCA BROWN
Signed 10/15/2025
How to read this page

Summary metrics

Total assets (EOY)
$91.2M
-11.1% from 2019
Total participants
718
+11.4% from 2019
Average account balance
$127,068
-31.6% from 2019
Annual return
14.68%
+57.05 pp from 2019

Benchmarks

See 4,117 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants250-999
Cohort4,117 peers
Snapshot2024
Participant deferral / active EE
$0
median $2,201
Employer contribution / active EE
$0
median $1,102
Participation rate
100.0%
median 68.4%
Avg account balance
$127,068
median $33,934
Admin fee / account holder
$30
median $140
Annual return
14.68%
median 13.85%
Overall peer rank
55th percentileavg across 6 metrics

Analytics

2018 - 2024
Total assets (EOY)
Plan-year ending balance
$91.24M
Average account balance
Total assets / participants with a balance (line 6g)
$127K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
718
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
100.0%
Contributions (total)
Employer and participant dollars contributed each year
$3.30M
Not enough data
2 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$4K
Not enough data
2 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+14.68%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$30
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 2 by compensation
ProviderService typeCompensation
STRATEGIC ADVISORS, INC.7+ years
Service code 27 · EIN 04-2654524
Advisory (Plan)
$10,188
FIDELITY2 years
Service code 37 · EIN 04-2647786
Loan Processing
$5,259

Top hat statement on fileNQDC

Filed December 7, 2015 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2F2G2J2R2T2X
Plan features
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants 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.
  • 2J
    Code section 401(k) feature
    Cash 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.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

3 tripped
  • OpportunityLow participant contribution

    Participant contribution per participant is in the bottom quintile of the peer cohort.

  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$22K
$45 / participant
  • Recordkeeping$5K24.5%
  • Investment mgmt$10K47.4%
  • Contract admin$6K28.2%
% of EOY assets
0.024%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
CLARK NUBER, P.S.
Auditor EIN
911194016
Audit fees
$0
Opinion code
Unqualified