Retirement plan

ONE HEALTH 403(B) PLAN

Name: BIGHORN VALLEY HEALTH CENTER, INC. - ONE HEALTH 403(B) PLAN (2024) Form 5500
Creator: BIGHORN VALLEY HEALTH CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONE HEALTH 403(B) PLAN, BIGHORN VALLEY HEALTH CENTER, INC.

BIGHORN VALLEY HEALTH CENTER, INC.EIN 27-3113428Plan #001PY 2024

207 W. MAIN ST. SUITE 5 - LEWISTOWN, MT 59457406-259-4597

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.7M

+89.5% from 2023

Total participants

534

+50.4% from 2023

Average account balance

$28,480

+49.6% from 2023

Annual return

63.34%

+21.69 pp from 2023

Benchmarks

See 4,124 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,124 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.74M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

342

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.

57.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+63.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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
JULY BUSINESS SERVICES2 years Filed as: JULY BUSINESS SERVICES LLC Service code 15 · EIN 74-2715820 P.O. BOX 2208 · WACO, TX 76703	Recordkeeping	$22,800
EPIC RETIREMENT PLAN SERVICES1 year Filed as: HTLF RETIREMENT PLAN SERVICES Service code 26 1398 CENTRAL AVENUE · DUBUQUE, LA 52004	Advisory (Participants)	$16,766

Plan features & details

Pension benefit codes2E2F2G2K2M2T3D

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$55K

$121 / participant

Recordkeeping$23K41.2%
Trustee / custodial$10.0%
Investment mgmt$17K30.3%
Contract admin$7K13.5%
Other / not subdivided$8K15.1%

% of EOY assets

0.568%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DZA PLLC
Auditor EIN: 200079326
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,480

$50,860-44.0%

$155,574-81.7%

$77,714-63.4%

Participation rate

57.9%

63.1%-5.2pp

78.2%-20.3pp

70.6%-12.7pp

Annual return

63.34%

34.86%+28.5pp

64.87%-1.5pp

31.26%+32.1pp

Employer contribution / active EE

$1,052

$1,991-47.2%

$4,676-77.5%

$2,727-61.4%

Participant deferral / active EE

$2,775

$2,825-1.8%

$5,629-50.7%

$4,649-40.3%

Admin fee / account holder

$162

$436-62.9%

$15,914-99.0%

$433-62.6%

Provider

Service type

Compensation

JULY BUSINESS SERVICES2 years

Filed as: JULY BUSINESS SERVICES LLC

Service code 15 · EIN 74-2715820

P.O. BOX 2208 · WACO, TX 76703

Recordkeeping

$22,800

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: HTLF RETIREMENT PLAN SERVICES

Service code 26

1398 CENTRAL AVENUE · DUBUQUE, LA 52004

Advisory (Participants)

$16,766

ONE HEALTH 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ONE HEALTH 403(B) 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