Retirement plan

CUMBERLAND FAMILY MEDICAL CENTER SAFE HARBOR 401(K) PLAN

Name: CUMBERLAND FAMILY MEDICAL CENTER - CUMBERLAND FAMILY MEDICAL CENTER SAFE HARBOR 401(K) PLAN (2016) Form 5500
Creator: CUMBERLAND FAMILY MEDICAL CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUMBERLAND FAMILY MEDICAL CENTER SAFE HARBOR 401(K) PLAN, CUMBERLAND FAMILY MEDICAL CENTER

CUMBERLAND FAMILY MEDICAL CENTEREIN 20-3131989Plan #001PY 2016

P.O. BOX 1080 - BURKESVILLE, KY 42717270-864-2889cumberlandfamilymedical.comLinkedIn501-1000 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.6M

+58.3% from 2015

Total participants

360

+29.5% from 2015

Average account balance

$19,848

+20.0% from 2015

Annual return

23.16%

+17.34 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$59.66M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

1,043

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+19.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16

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 3 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS2+ years Service code 10 5330 ROBIN HOOD ROAD · NORFOLK, VA 23513	Accounting	$0
BKD, LLP2+ years Service code 14 · EIN 44-0160260	Plan Administrator	$0
EDWARD JONES2+ years Service code 27 326 PUBLIC SQUARE, SUITE 102 · COLUMBIA, KY 42728	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$300

$1 / participant

Other / not subdivided$300100.0%

% of EOY assets

0.005%

all-in expense ratio

Categories reported

0 / 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: BLUE & CO., LLC
Auditor EIN: 351178661
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,848

$36,916-46.2%

$156,551-87.3%

$57,658-65.6%

Participation rate

90.7%

63.4%+27.3pp

84.0%+6.7pp

70.2%+20.5pp

Annual return

23.16%

12.38%+10.8pp

32.23%-9.1pp

5.13%+18.0pp

Employer contribution / active EE

$1,978

$1,571+26.0%

$5,501-64.0%

$1,974+0.2%

Participant deferral / active EE

$2,923

$1,926+51.8%

$4,871-40.0%

$3,061-4.5%

Admin fee / account holder

$82-98.9%

$13,028-100.0%

$95-99.0%

Provider

Service type

Compensation

AMERICAN FUNDS2+ years

Service code 10

5330 ROBIN HOOD ROAD · NORFOLK, VA 23513

Accounting

BKD, LLP2+ years

Service code 14 · EIN 44-0160260

Plan Administrator

EDWARD JONES2+ years

Service code 27

326 PUBLIC SQUARE, SUITE 102 · COLUMBIA, KY 42728

Advisory (Plan)

CUMBERLAND FAMILY MEDICAL CENTER SAFE HARBOR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUMBERLAND FAMILY MEDICAL CENTER SAFE HARBOR 401(K) 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