Retirement plan

BRISTOL HOSPICE 401(K) PLAN

Name: BRISTOL HOSPICE - BRISTOL HOSPICE 401(K) PLAN (2024) Form 5500
Creator: BRISTOL HOSPICE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRISTOL HOSPICE 401(K) PLAN, BRISTOL HOSPICE

BRISTOL HOSPICEEIN 20-3688586Plan #001PY 2024

206 N. 2100 W., SUITE 202 - SALT LAKE CITY, UT 84116801-990-0358bristolhospice.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$49.2M

+12.6% from 2023

Total participants

3,674

+13.8% from 2023

Average account balance

$25,311

-16.3% from 2023

Annual return

14.34%

-4.58 pp from 2023

Benchmarks

See 1,431 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,431 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.15M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

1,942

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.

33.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.54M

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

+14.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108

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 2 by compensation

Provider	Service type	Compensation
SOLTIS INVESTMENT ADVISORS7 years Service code 26 · EIN 87-0526413	Advisory (Participants)	$132,867
PCS RETIREMENT, LLC1 year Filed as: PCS RETIREMENT Service code 13 · EIN 23-3038464	Contract Administrator	$77,578

Plan features & details

Pension benefit codes2E2J2F2G3D

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$210K

$81 / participant

Investment mgmt$133K63.1%
Contract admin$78K36.9%

% of EOY assets

0.428%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,311

$53,216-52.4%

$155,534-83.7%

$199,960-87.3%

Participation rate

33.4%

64.1%-30.7pp

78.2%-44.8pp

72.0%-38.6pp

Annual return

14.34%

41.18%-26.8pp

64.92%-50.6pp

34.28%-19.9pp

Employer contribution / active EE

$494

$1,848-73.3%

$4,675-89.4%

$3,036-83.7%

Participant deferral / active EE

$2,020

$3,164-36.2%

$5,630-64.1%

$5,087-60.3%

Admin fee / account holder

$108

$186-41.6%

$15,900-99.3%

$269-59.8%

Provider

Service type

Compensation

SOLTIS INVESTMENT ADVISORS7 years

Service code 26 · EIN 87-0526413

Advisory (Participants)

$132,867

PCS RETIREMENT, LLC1 year

Filed as: PCS RETIREMENT

Service code 13 · EIN 23-3038464

Contract Administrator

$77,578

BRISTOL HOSPICE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRISTOL HOSPICE 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