Retirement plan

BYRON HEALTH CENTER 403(B) TAX DEFERRED PLAN

Name: BYRON HEALTH CENTER - BYRON HEALTH CENTER 403(B) TAX DEFERRED PLAN (2018) Form 5500
Creator: BYRON HEALTH CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BYRON HEALTH CENTER 403(B) TAX DEFERRED PLAN, BYRON HEALTH CENTER

BYRON HEALTH CENTEREIN 35-1826036Plan #001PY 2018

12101 LIMA ROAD - FORT WAYNE, IN 46818260-637-3166byronhealth.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.9M

-4.9% from 2017

Total participants

173

-33.5% from 2017

Average account balance

$13,941

+58.5% from 2017

Annual return

-5.84%

-18.40 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.33M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

131

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.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$365K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$227

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
NEWPORT GROUP, INC.3 years Filed as: NEWPORT GROUP Service code 13 · EIN 27-2037969	Contract Administrator	$25,675
HUBER FINANCIAL ADVISORS LLC2 years Filed as: HUBER FINANCIAL ADVISORS Service code 26 475 HALF DAY ROAD · LINCOLNSHIRE, IL 60069	Advisory (Participants)	$9,310

Plan features & details

Pension benefit codes2F2G2J2K2M2T

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$36K

$257 / participant

Investment mgmt$9K26.1%
Contract admin$26K71.9%
Other / not subdivided$7372.1%

% of EOY assets

1.857%

all-in expense ratio

Categories reported

2 / 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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,941

$47,977-70.9%

$154,111-91.0%

$56,287-75.2%

Participation rate

74.8%

66.2%+8.6pp

83.0%-8.2pp

69.9%+5.0pp

Annual return

-5.84%

3.54%-9.4pp

735.18%-741.0pp

-9.96%+4.1pp

Employer contribution / active EE

$434

$2,169-80.0%

$5,298-91.8%

$2,111-79.4%

Participant deferral / active EE

$1,377

$2,392-42.4%

$5,081-72.9%

$3,350-58.9%

Admin fee / account holder

$259

$438-40.9%

$13,411-98.1%

$521-50.3%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT GROUP

Service code 13 · EIN 27-2037969

Contract Administrator

$25,675

HUBER FINANCIAL ADVISORS LLC2 years

Filed as: HUBER FINANCIAL ADVISORS

Service code 26

475 HALF DAY ROAD · LINCOLNSHIRE, IL 60069

Advisory (Participants)

$9,310

BYRON HEALTH CENTER 403(B) TAX DEFERRED PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BYRON HEALTH CENTER 403(B) TAX DEFERRED 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