Retirement plan

O'BLENESS MEMORIAL HOSPITAL TAX SHELTERED ANNUITY PLAN

Name: OHIOHEALTH - O'BLENESS MEMORIAL HOSPITAL TAX SHELTERED ANNUITY PLAN (2023) Form 5500
Creator: OHIOHEALTH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, O'BLENESS MEMORIAL HOSPITAL TAX SHELTERED ANNUITY PLAN, OHIOHEALTH

OHIOHEALTHdba O'BLENESS MEMORIAL HOSPITALEIN 31-4446959Plan #001PY 2023

3430 OHIOHEALTH PARKWAY - COLUMBUS, OH 43202740-383-8693ohiohealth.comLinkedIn10001+ employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$42.8M

+12.7% from 2022

Total participants

586

-1.5% from 2022

Average account balance

$74,708

+14.5% from 2022

Annual return

14.71%

+27.82 pp from 2022

Benchmarks

See 4,038 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,038 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.77M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

613

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

$2.25M

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

+10.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27

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
FID INV INST OPS CO7 years Filed as: FID INV INSTL OPS CO Service code 15 · EIN 04-2647786	Recordkeeping	$9,862
STRATEGIC ADVISORS, INC.3 years Filed as: STRATEGIC ADVISORS INC Service code 27 · EIN 04-2654524	Advisory (Plan)	$7,052

Plan features & details

Pension benefit codes3H2F2G2L2M2T2S

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

$17K

$39 / participant

Recordkeeping$10K58.1%
Investment mgmt$7K41.9%

% of EOY assets

0.039%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$74,708

$47,163+58.4%

$149,696-50.1%

$74,460+0.3%

Participation rate

97.0%

63.4%+33.5pp

78.8%+18.2pp

70.7%+26.2pp

Annual return

14.71%

22.75%-8.0pp

134.46%-119.7pp

34.38%-19.7pp

Employer contribution / active EE

$2,361

$1,907+23.8%

$4,821-51.0%

$2,638-10.5%

Participant deferral / active EE

$2,510

$2,730-8.1%

$5,682-55.8%

$4,530-44.6%

Admin fee / account holder

$29

$343-91.4%

$13,212-99.8%

$348-91.6%

Provider

Service type

Compensation

FID INV INST OPS CO7 years

Filed as: FID INV INSTL OPS CO

Service code 15 · EIN 04-2647786

Recordkeeping

$9,862

STRATEGIC ADVISORS, INC.3 years

Filed as: STRATEGIC ADVISORS INC

Service code 27 · EIN 04-2654524

Advisory (Plan)

$7,052

O'BLENESS MEMORIAL HOSPITAL TAX SHELTERED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

O'BLENESS MEMORIAL HOSPITAL TAX SHELTERED ANNUITY 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