Retirement plan

FULTON COUNTY MEDICAL CENTER 403(B) RETIREMENT SAVINGS PLAN

Name: FULTON COUNTY MEDICAL CTR - FULTON COUNTY MEDICAL CENTER 403(B) RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: FULTON COUNTY MEDICAL CTR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FULTON COUNTY MEDICAL CENTER 403(B) RETIREMENT SAVINGS PLAN, FULTON COUNTY MEDICAL CTR

FULTON COUNTY MEDICAL CTREIN 23-1401561Plan #002PY 2018

214 PEACH ORCHARD ROAD - MCCONNELLSBURG, PA 17233717-485-3155fcmcpa.orgLinkedIn201-500 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$14.0M assets

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$1.9M

No prior year

Total participants

495

No prior year

Average account balance

$10,532

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.77M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

188

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.

88.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+19.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$282

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 10 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$10,898
ALGER1+ years Service code 52 · EIN 04-2451826	Indirect Investment Fees	$0
AMERICAN REALTY ADVISORS1+ years Filed as: AMERICAN BEACON Service code 52 · EIN 75-2401150	Indirect Investment Fees	$0
AMERICAN FUNDS1+ years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS1+ years Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
METROPOLITAN WEST ASSET MANAGEMENT1+ years Service code 52 · EIN 95-4597302	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT1+ years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
OPPENHEIMER1+ years Service code 52 · EIN 13-3867060	Indirect Investment Fees	$0
PIMCO FUNDS1+ years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.1+ years Filed as: VANGUARD Service code 52 · EIN 23-1999755	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2M2L2F2G2S2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$13K

$26 / participant

Investment mgmt$12K97.2%
Contract admin$3652.8%

% of EOY assets

0.662%

all-in expense ratio

Categories reported

2 / 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: BAKER TILLY VIRCHOW KRAUSE,LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,532

$37,196-71.7%

$154,108-93.2%

$55,725-81.1%

Participation rate

37.2%

64.1%-26.9pp

83.0%-45.9pp

70.9%-33.7pp

Annual return

0.00%

1319.68%-1319.7pp

735.21%-735.2pp

244.93%-244.9pp

Employer contribution / active EE

$962

$1,614-40.4%

$5,298-81.8%

$2,078-53.7%

Participant deferral / active EE

$1,529

$2,068-26.1%

$5,081-69.9%

$3,356-54.4%

Admin fee / account holder

$70

$102-31.4%

$13,411-99.5%

$115-39.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$10,898

ALGER1+ years

Service code 52 · EIN 04-2451826

Indirect Investment Fees

AMERICAN REALTY ADVISORS1+ years

Filed as: AMERICAN BEACON

Service code 52 · EIN 75-2401150

Indirect Investment Fees

AMERICAN FUNDS1+ years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS1+ years

Service code 52 · EIN 36-3129984

Indirect Investment Fees

METROPOLITAN WEST ASSET MANAGEMENT1+ years

Service code 52 · EIN 95-4597302

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT1+ years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

OPPENHEIMER1+ years

Service code 52 · EIN 13-3867060

Indirect Investment Fees

PIMCO FUNDS1+ years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

THE VANGUARD GROUP, INC.1+ years

Filed as: VANGUARD

Service code 52 · EIN 23-1999755

Indirect Investment Fees

FULTON COUNTY MEDICAL CENTER 403(B) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FULTON COUNTY MEDICAL CENTER 403(B) RETIREMENT 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