Retirement plan

TRIHEALTH 401(K) RETIREMENT SAVINGS PLAN

Name: TRIHEALTH, INC. - TRIHEALTH 401(K) RETIREMENT SAVINGS PLAN (2021) Form 5500
Creator: TRIHEALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIHEALTH 401(K) RETIREMENT SAVINGS PLAN, TRIHEALTH, INC.

TRIHEALTH, INC.EIN 31-1438846Plan #004PY 2021

625 EDEN PARK DRIVE - CINCINNATI, OH 45202513-569-6032trihealth.comLinkedIn10001+ employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$351.1M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$1052.9M

-24.0% from 2016

Total participants

16,725

+4.0% from 2016

Average account balance

$64,094

-19.4% from 2016

Annual return

15.47%

-7.92 pp from 2016

Benchmarks

See 230 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort230 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.39B

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

18,842

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.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$131.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$90

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 7 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE5 years Service code 15 · EIN 84-0467907	Recordkeeping	$1,309,688
ALIGHT SOLUTIONS LLC4 years Filed as: TEMPLE HOLDING CO LLC DBA ALIGHT SO Service code 26 · EIN 82-1061233	Advisory (Participants)	$41,272
ERNST & YOUNG LLP4 years Service code 10 · EIN 34-6565596	Accounting	$23,250
NEPC, LLC7+ years Filed as: NEPC LLC Service code 16 · EIN 26-1429809	Consulting	$19,181
AON CONSULTING6 years Filed as: AON CONSULTING INC DBA HEWITT ASSOC Service code 13 · EIN 22-2232264	Contract Administrator	$16,050
WITHUMSMITH+BROWN, PC1 year Filed as: FROST BROWN TODD LLC Service code 26 · EIN 61-0722001	Advisory (Participants)	$5,845
TD AMERITRADE, INC.7+ years Service code 33	Shareholder servicing fees; Securitie...	$1,305

Plan features & details

Pension benefit codes2E2F2G2J2K2S3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$126 / participant

Investment mgmt$106K7.5%
Other / not subdivided$1M92.5%

% of EOY assets

0.134%

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: E&Y
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,094

$68,062-5.8%

$185,854-65.5%

$106,520-39.8%

Participation rate

97.4%

75.2%+22.2pp

81.7%+15.7pp

71.3%+26.1pp

Annual return

15.47%

18.20%-2.7pp

122.12%-106.6pp

19.28%-3.8pp

Employer contribution / active EE

$3,943

$1,997+97.4%

$5,169-23.7%

$2,840+38.8%

Participant deferral / active EE

$5,912

$3,990+48.2%

$5,569+6.2%

$4,948+19.5%

Admin fee / account holder

$86

$53+63.4%

$16,246-99.5%

$75+15.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE5 years

Service code 15 · EIN 84-0467907

Recordkeeping

$1,309,688

ALIGHT SOLUTIONS LLC4 years

Filed as: TEMPLE HOLDING CO LLC DBA ALIGHT SO

Service code 26 · EIN 82-1061233

Advisory (Participants)

$41,272

ERNST & YOUNG LLP4 years

Service code 10 · EIN 34-6565596

Accounting

$23,250

NEPC, LLC7+ years

Filed as: NEPC LLC

Service code 16 · EIN 26-1429809

Consulting

$19,181

AON CONSULTING6 years

Filed as: AON CONSULTING INC DBA HEWITT ASSOC

Service code 13 · EIN 22-2232264

Contract Administrator

$16,050

WITHUMSMITH+BROWN, PC1 year

Filed as: FROST BROWN TODD LLC

Service code 26 · EIN 61-0722001

Advisory (Participants)

$5,845

TD AMERITRADE, INC.7+ years

Service code 33

Shareholder servicing fees; Securitie...

$1,305

TRIHEALTH 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIHEALTH 401(K) 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