Retirement plan

COMMUNITY HEALTH IMPROVEMENT CENTER RETIREMENT PLAN

Name: COMMUNITY HEALTH IMPROVEMENT CENTER DBA CROSSING HEALTHCARE - COMMUNITY HEALTH IMPROVEMENT CENTER RETIREMENT PLAN (2016) Form 5500
Creator: COMMUNITY HEALTH IMPROVEMENT CENTER DBA CROSSING HEALTHCARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY HEALTH IMPROVEMENT CENTER RETIREMENT PLAN, COMMUNITY HEALTH IMPROVEMENT CENTER DBA CROSSING HEALTHCARE

COMMUNITY HEALTH IMPROVEMENT CENTER DBA CROSSING HEALTHCAREEIN 37-0961830Plan #001PY 2016

320 EAST CENTRAL AVENUE - DECATUR, IL 62521217-877-9117chic-clinic.orgLinkedIn11-50 employeeshealth, wellness and fitness

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$2.2M

No prior year

Total participants

148

No prior year

Average account balance

$20,300

No prior year

Annual return

-1.00%

No prior year

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.83M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

143

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.

75.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$812K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$483

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 4 by compensation

Provider	Service type	Compensation
ALLIANCE BENEFIT GROUP1+ years Filed as: ALLIANCE BENEFIT GROUP OF ILLINOIS Service code 15 · EIN 37-0899315	Recordkeeping	$15,730
BUSEY WEALTH MANAGEMENT1+ years Service code 21 · EIN 37-1351376	Bank Trustee	$12,041
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST CO. Service code 18	Custodial (other than securities)	$1,676
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2F

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$25K

$212 / participant

Investment mgmt$25K100.0%

% of EOY assets

1.181%

all-in expense ratio

Categories reported

1 / 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: KERBER, ECK, BRAECKEL LLP
Auditor EIN: 340352985
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,300

$46,732-56.6%

$156,551-87.0%

$55,167-63.2%

Participation rate

65.0%

65.8%-0.8pp

84.0%-19.0pp

69.0%-4.0pp

Annual return

-1.00%

17.72%-18.7pp

32.23%-33.2pp

169.23%-170.2pp

Employer contribution / active EE

$1,315

$2,105-37.5%

$5,501-76.1%

$1,963-33.0%

Participant deferral / active EE

$1,850

$2,204-16.1%

$4,871-62.0%

$3,054-39.4%

Admin fee / account holder

$240

$418-42.7%

$13,028-98.2%

$504-52.4%

Provider

Service type

Compensation

ALLIANCE BENEFIT GROUP1+ years

Filed as: ALLIANCE BENEFIT GROUP OF ILLINOIS

Service code 15 · EIN 37-0899315

Recordkeeping

$15,730

BUSEY WEALTH MANAGEMENT1+ years

Service code 21 · EIN 37-1351376

Bank Trustee

$12,041

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB TRUST CO.

Service code 18

Custodial (other than securities)

$1,676

CHARLES SCHWAB & CO., INC.1+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

COMMUNITY HEALTH IMPROVEMENT CENTER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY HEALTH IMPROVEMENT CENTER RETIREMENT 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