Retirement plan

VALLEY HEALTH SERVICES, INC. EMPLOYEE SAVINGS AND PROTECTION PLAN

Name: VALLEY HEALTH SERVICES, INC - VALLEY HEALTH SERVICES, INC. EMPLOYEE SAVINGS AND PROTECTION PLAN (2017) Form 5500
Creator: VALLEY HEALTH SERVICES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALLEY HEALTH SERVICES, INC. EMPLOYEE SAVINGS AND PROTECTION PLAN, VALLEY HEALTH SERVICES, INC

VALLEY HEALTH SERVICES, INCEIN 22-2511614Plan #001PY 2017

690 W. GERMAN STREET - HERKIMER, NY 13350315-866-3330valleyhealthservices.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.2M

+17.5% from 2016

Total participants

285

+19.2% from 2016

Average account balance

$37,993

+2.8% from 2016

Annual return

14.93%

+8.93 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.38M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

362

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.

80.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$849K

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

+11.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

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
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASS MUTUAL RETIREMENT SRVS Service code 15 · EIN 26-1589907	Recordkeeping	$2,150
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 71 · EIN 26-4310844	Brokerage Fees	$0
RELIANCE TRUST COMPANY2 years Service code 19 · EIN 58-1428634	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2T

Plan features

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

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$11 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.034%

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: D'ARCANGELO & CO., LLP
Auditor EIN: 132550103
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,993

$55,453-31.5%

$170,435-77.7%

$62,293-39.0%

Participation rate

72.1%

66.4%+5.7pp

83.6%-11.5pp

69.5%+2.5pp

Annual return

14.93%

21.38%-6.4pp

205.94%-191.0pp

28.90%-14.0pp

Employer contribution / active EE

$1,018

$2,164-52.9%

$5,432-81.3%

$2,042-50.1%

Participant deferral / active EE

$1,284

$2,303-44.3%

$4,939-74.0%

$3,169-59.5%

Admin fee / account holder

$13

$455-97.1%

$13,881-99.9%

$479-97.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASS MUTUAL RETIREMENT SRVS

Service code 15 · EIN 26-1589907

Recordkeeping

$2,150

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 71 · EIN 26-4310844

Brokerage Fees

RELIANCE TRUST COMPANY2 years

Service code 19 · EIN 58-1428634

Securities Custodian

VALLEY HEALTH SERVICES, INC. EMPLOYEE SAVINGS AND PROTECTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALLEY HEALTH SERVICES, INC. EMPLOYEE SAVINGS AND PROTECTION 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