Retirement plan

GREELEY COUNTY HEALTH SERVICES INC. EMPLOYEES PENSION PLAN

Name: GREELEY COUNTY HEALTH SERVICES INC. - GREELEY COUNTY HEALTH SERVICES INC. EMPLOYEES PENSION PLAN (2023) Form 5500
Creator: GREELEY COUNTY HEALTH SERVICES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREELEY COUNTY HEALTH SERVICES INC. EMPLOYEES PENSION PLAN, GREELEY COUNTY HEALTH SERVICES INC.

GREELEY COUNTY HEALTH SERVICES INC.EIN 30-0078435Plan #002PY 2023

P. O. BOX 338, 506 3RD ST. - TRIBUNE, KS 67879620-376-4221mygchs.comLinkedIn51-200 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$4.7M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$5.6M

+15.0% from 2022

Total participants

144

-18.6% from 2022

Average account balance

$43,214

+46.9% from 2022

Annual return

14.66%

+29.88 pp from 2022

Benchmarks

See 5,715 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,715 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.39M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

123

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.

90.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37

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
AMERICAN UNITED LIFE INSURANCE CO9+ years Service code 15 · EIN 35-0145825	Recordkeeping	$27,337
GALLAGHER FIDUCIARY ADVISORS, LLC1 year Filed as: GALLAGHER BENEFIT SVCS INC Service code 16 · EIN 36-4291971	Consulting	$13,913

Plan features & details

Pension benefit codes2C2F2G2K2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$34 / participant

Contract admin$4K100.0%

% of EOY assets

0.065%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BKD LLP
Auditor EIN: 440160260
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,214

$61,295-29.5%

$149,682-71.1%

$71,476-39.5%

Participation rate

86.9%

62.5%+24.4pp

78.8%+8.1pp

67.9%+19.0pp

Annual return

14.66%

35.86%-21.2pp

134.35%-119.7pp

28.85%-14.2pp

Employer contribution / active EE

$1,459

$2,380-38.7%

$4,818-69.7%

$2,589-43.6%

Participant deferral / active EE

$2,918-100.0%

$5,681-100.0%

$4,290-100.0%

Admin fee / account holder

$28

$1,262-97.8%

$13,210-99.8%

$1,587-98.2%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO9+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$27,337

GALLAGHER FIDUCIARY ADVISORS, LLC1 year

Filed as: GALLAGHER BENEFIT SVCS INC

Service code 16 · EIN 36-4291971

Consulting

$13,913

GREELEY COUNTY HEALTH SERVICES INC. EMPLOYEES PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREELEY COUNTY HEALTH SERVICES INC. EMPLOYEES PENSION 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