Retirement plan

COLLEGE HEALTH ENTERPRISES 401(K) SAVINGS PLAN

Name: COLLEGE HOSPITAL GROUP, INC. - COLLEGE HEALTH ENTERPRISES 401(K) SAVINGS PLAN (2024) Form 5500
Creator: COLLEGE HOSPITAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLLEGE HEALTH ENTERPRISES 401(K) SAVINGS PLAN, COLLEGE HOSPITAL GROUP, INC.

COLLEGE HOSPITAL GROUP, INC.EIN 20-1514870Plan #002PY 2024

11627 TELEGRAPH ROAD, SUITE 200 - SANTA FE SPRINGS, CA 906706814562-923-9449collegehospitals.comLinkedIn51-200 employeeshigher education

Prospect flagsLow returnsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$97.4M

+14.5% from 2023

Total participants

3,517

+6.8% from 2023

Average account balance

$54,309

+15.9% from 2023

Annual return

11.83%

-4.24 pp from 2023

Benchmarks

See 1,429 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,429 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$97.43M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$54K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,794

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

38.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.83%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$50

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491	Advisory (Participants)	$30,994
MORNINGSTAR6 years Service code 27	Advisory (Plan)	$13,065
MORNINGSTAR5 years Filed as: MORNING STAR Service code 27 · EIN 36-3297908	Advisory (Plan)	$0
VOYA RETIREMENT INSURANCE & ANNUITY9+ years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$90K

$32 / participant

Contract admin$90K100.0%

% of EOY assets

0.093%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HANSEN HUNTER & CO. P.C.
Auditor EIN: 930891763
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,309

$53,204+2.1%

$155,556-65.1%

$200,096-72.9%

Participation rate

38.7%

64.1%-25.4pp

78.2%-39.5pp

72.0%-33.3pp

Annual return

11.83%

41.02%-29.2pp

64.84%-53.0pp

34.26%-22.4pp

Employer contribution / active EE

$581

$1,850-68.6%

$4,675-87.6%

$3,038-80.9%

Participant deferral / active EE

$2,480

$3,163-21.6%

$5,631-56.0%

$5,090-51.3%

Admin fee / account holder

$50

$186-72.9%

$15,885-99.7%

$269-81.3%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT ADVISORS, LLC

Service code 26 · EIN 02-0488491

Advisory (Participants)

$30,994

MORNINGSTAR6 years

Service code 27

Advisory (Plan)

$13,065

MORNINGSTAR5 years

Filed as: MORNING STAR

Service code 27 · EIN 36-3297908

Advisory (Plan)

VOYA RETIREMENT INSURANCE & ANNUITY9+ years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 64 · EIN 71-0294708

Recordkeeping Fees

COLLEGE HEALTH ENTERPRISES 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLLEGE HEALTH ENTERPRISES 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion