Retirement plan

EQUITAS HEALTH 401(K) PLAN AND PROFIT SHARING PLAN

Name: EQUITAS HEALTH - EQUITAS HEALTH 401(K) PLAN AND PROFIT SHARING PLAN (2018) Form 5500
Creator: EQUITAS HEALTH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EQUITAS HEALTH 401(K) PLAN AND PROFIT SHARING PLAN, EQUITAS HEALTH

EQUITAS HEALTHEIN 31-1126780Plan #001PY 2018

4400 N. HIGH STREET, SUITE 300 - COLUMBUS, OH 43214614-340-6691equitashealth.comLinkedIn501-1000 employeeshospital & health care

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed February 5, 2018

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Total assets (EOY)

$4.2M

+23.2% from 2017

Total participants

375

0.0% from 2017

Average account balance

$13,001

+5.6% from 2017

Annual return

-9.24%

-42.29 pp from 2017

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

$17.87M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

832

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.

78.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 · EIN 31-1592130	Recordkeeping	$44,386
HUNTINGTON NATIONAL BANK1 year Filed as: THE HUNTINGTON NATIONAL BANK Service code 27 · EIN 31-0966785	Advisory (Plan)	$650

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$45K

$159 / participant

Other / not subdivided$45K100.0%

% of EOY assets

1.079%

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: CLARK, SCHAEFFER, HACKETT
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,001

$37,196-65.0%

$154,114-91.6%

$55,725-76.7%

Participation rate

81.0%

64.1%+16.9pp

83.0%-2.1pp

70.9%+10.1pp

Annual return

-9.24%

1319.68%-1328.9pp

735.16%-744.4pp

244.93%-254.2pp

Employer contribution / active EE

$1,250

$1,614-22.6%

$5,298-76.4%

$2,078-39.9%

Participant deferral / active EE

$3,053

$2,068+47.6%

$5,081-39.9%

$3,356-9.0%

Admin fee / account holder

$140

$102+38.1%

$13,411-99.0%

$115+21.8%

Provider

Service type

Compensation

NATIONWIDE1 year

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15 · EIN 31-1592130

Recordkeeping

$44,386

HUNTINGTON NATIONAL BANK1 year

Filed as: THE HUNTINGTON NATIONAL BANK

Service code 27 · EIN 31-0966785

Advisory (Plan)

$650

EQUITAS HEALTH 401(K) PLAN AND PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EQUITAS HEALTH 401(K) PLAN AND PROFIT SHARING PLAN

Top hat statement on fileNQDC

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