Retirement plan

PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA EMPLOYEES' RETIREMENT PLAN

Name: PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA, INC. - PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA EMPLOYEES' RETIREMENT PLAN (2017) Form 5500
Creator: PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA EMPLOYEES' RETIREMENT PLAN, PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA, INC.

PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA, INC.EIN 31-1069321Plan #001PY 2017

8101 WEST JEFFERSON BLVD. - FORT WAYNE, IN 46804260-432-6690phpni.comLinkedIn51-200 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.2M

+21.7% from 2016

Total participants

205

+41.4% from 2016

Average account balance

$73,978

-13.9% from 2016

Annual return

21.97%

+15.64 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.22M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

206

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.54M

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

+17.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$347

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
REHMANN ROBSON3+ years Filed as: REHMANN FINANCIAL Service code 27 6714 POINTE INVERNESS WAY, STE. 100 · FORT WAYNE, IN 46804	Advisory (Plan)	$25,110
CPI QUALIFIED PLAN CONSULTANTS, INC3+ years Service code 15 · EIN 48-1205033	Recordkeeping	$5,624

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$37K

$233 / participant

Contract admin$37K100.0%

% of EOY assets

0.247%

all-in expense ratio

Categories reported

1 / 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: BADEN, GAGE & SCHROEDER, LLC
Auditor EIN: 351939627
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,978

$89,739-17.6%

$149,721-50.6%

$62,293+18.8%

Participation rate

100.0%

85.1%+14.9pp

87.1%+12.9pp

69.5%+30.5pp

Annual return

21.97%

21.01%+1.0pp

1501.67%-1479.7pp

28.90%-6.9pp

Employer contribution / active EE

$3,053

$3,233-5.6%

$5,444-43.9%

$2,042+49.5%

Participant deferral / active EE

$3,981

$4,797-17.0%

$6,568-39.4%

$3,169+25.6%

Admin fee / account holder

$183

$551-66.8%

$11,282-98.4%

$479-61.9%

Provider

Service type

Compensation

REHMANN ROBSON3+ years

Filed as: REHMANN FINANCIAL

Service code 27

6714 POINTE INVERNESS WAY, STE. 100 · FORT WAYNE, IN 46804

Advisory (Plan)

$25,110

CPI QUALIFIED PLAN CONSULTANTS, INC3+ years

Service code 15 · EIN 48-1205033

Recordkeeping

$5,624

PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHYSICIANS HEALTH PLAN OF NORTHERN INDIANA EMPLOYEES' RETIREMENT 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