Retirement plan

THE HOSPITAL COUNCIL OF NORTHWEST OHIO EMPLOYEES PENSION PLAN

Name: THE HOSPITAL COUNCIL OF NORTHWEST OHIO - THE HOSPITAL COUNCIL OF NORTHWEST OHIO EMPLOYEES PENSION PLAN (2024) Form 5500
Creator: THE HOSPITAL COUNCIL OF NORTHWEST OHIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HOSPITAL COUNCIL OF NORTHWEST OHIO EMPLOYEES PENSION PLAN, THE HOSPITAL COUNCIL OF NORTHWEST OHIO

THE HOSPITAL COUNCIL OF NORTHWEST OHIOEIN 34-1116795Plan #001PY 2024

3231 CENTRAL PARK W DR STE 200 - TOLEDO, OH 43617419-842-0800

Other plans on this EIN

1 filing

#002Retirement-$2.3M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$4.5M

-19.6% from 2023

Total participants

-5.3% from 2023

Average account balance

$127,575

-17.3% from 2023

Annual return

10.62%

-0.73 pp from 2023

Benchmarks

See 49,898 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,898 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.47M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

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.

205.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$132K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52074

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2C2F2G2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.8M

$107211 / participant

Other / not subdivided$2M100.0%

% of EOY assets

40.818%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,575

$88,778+43.7%

$81,844+55.9%

$145,884-12.5%

Participation rate

94.1%

75.1%+19.0pp

72.4%+21.7pp

80.3%+13.8pp

Annual return

10.62%

1033.03%-1022.4pp

778.87%-768.3pp

551.85%-541.2pp

Employer contribution / active EE

$7,739

$3,087+150.7%

$2,916+165.3%

$4,662+66.0%

Participant deferral / active EE

$4,648-100.0%

$4,323-100.0%

$6,690-100.0%

Admin fee / account holder

$52,074

$8,430+517.7%

$7,355+608.0%

$13,392+288.8%

THE HOSPITAL COUNCIL OF NORTHWEST OHIO EMPLOYEES PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HOSPITAL COUNCIL OF NORTHWEST OHIO 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