Retirement plan

PARK NICOLLET HEALTH SERVICES 401K RETIREMENT SAVINGS PLAN

Name: PARK NICOLLET HEALTH SERVICES - PARK NICOLLET HEALTH SERVICES 401K RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: PARK NICOLLET HEALTH SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARK NICOLLET HEALTH SERVICES 401K RETIREMENT SAVINGS PLAN, PARK NICOLLET HEALTH SERVICES

PARK NICOLLET HEALTH SERVICESEIN 36-3465840Plan #002PY 2016

3800 PARK NICOLLET BLVD - ST LOUIS PARK, MN 55416952-993-1605parknicollet.comLinkedIn5001-10000 employeeshospital & health care

Other plans on this EIN

1 filing

#005Retirement-$92.2M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed February 6, 2001

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$1140.5M

+6.5% from 2015

Total participants

9,829

+3.1% from 2015

Average account balance

$116,440

+0.3% from 2015

Annual return

7.40%

-79.67 pp from 2015

Benchmarks

See 236 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort236 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.23B

Not enough data

1 years with asset history on file

Average account balance

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

$203K

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.

10,982

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+16.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 12 · EIN 13-3689044	Recordkeeping and information managem...	$268,829
DIMEO SCHNEIDER & ASSOCIATES LLC2+ years Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC Service code 16 · EIN 36-4001764	Consulting	$174,269
CLIFTONLARSONALLEN LLP1 year Filed as: CLIFTON LARSON ALLEN LLP Service code 10 · EIN 41-0746749	Accounting	$25,215
CAHILL FINANCIAL ADVISORS INC2+ years Service code 16 · EIN 45-4112505	Consulting	$21,042
FOCUS FINANCIAL NETWORK INC2+ years Service code 16 · EIN 41-1765100	Consulting	$15,581
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$8,134
LARSON FINANCIAL GROUP LLC1 year Service code 16 · EIN 20-4773945	Consulting	$5,229
NATIONAL FINANCIAL SERVICES2+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2J2K2R2S2T3D3H

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

$468K

$64 / participant

Investment mgmt$174K37.2%
Other / not subdivided$294K62.8%

% of EOY assets

0.041%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,440

$43,110+170.1%

$156,549-25.6%

$65,292+78.3%

Participation rate

99.5%

69.3%+30.2pp

84.0%+15.5pp

72.4%+27.1pp

Annual return

7.40%

11.24%-3.8pp

32.23%-24.8pp

11.84%-4.4pp

Employer contribution / active EE

$4,344

$1,702+155.3%

$5,501-21.0%

$2,302+88.7%

Participant deferral / active EE

$5,448

$2,520+116.2%

$4,871+11.8%

$3,579+52.2%

Admin fee / account holder

$48

$47+1.2%

$13,027-99.6%

$57-16.6%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 12 · EIN 13-3689044

Recordkeeping and information managem...

$268,829

DIMEO SCHNEIDER & ASSOCIATES LLC2+ years

Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC

Service code 16 · EIN 36-4001764

Consulting

$174,269

CLIFTONLARSONALLEN LLP1 year

Filed as: CLIFTON LARSON ALLEN LLP

Service code 10 · EIN 41-0746749

Accounting

$25,215

CAHILL FINANCIAL ADVISORS INC2+ years

Service code 16 · EIN 45-4112505

Consulting

$21,042

FOCUS FINANCIAL NETWORK INC2+ years

Service code 16 · EIN 41-1765100

Consulting

$15,581

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$8,134

LARSON FINANCIAL GROUP LLC1 year

Service code 16 · EIN 20-4773945

Consulting

$5,229

NATIONAL FINANCIAL SERVICES2+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

PARK NICOLLET HEALTH SERVICES 401K RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARK NICOLLET HEALTH SERVICES 401K RETIREMENT SAVINGS 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