Retirement plan

OSCEOLA MEDICAL CENTER 403(B) TAX DEFERRED ANNUITY PLAN

Name: LADD MEMORIAL HOSPITAL DBA OSCEOLA MEDICAL CENTER - OSCEOLA MEDICAL CENTER 403(B) TAX DEFERRED ANNUITY PLAN (2023) Form 5500
Creator: LADD MEMORIAL HOSPITAL DBA OSCEOLA MEDICAL CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OSCEOLA MEDICAL CENTER 403(B) TAX DEFERRED ANNUITY PLAN, LADD MEMORIAL HOSPITAL DBA OSCEOLA MEDICAL CENTER

LADD MEMORIAL HOSPITAL DBA OSCEOLA MEDICAL CENTEREIN 39-0773970Plan #002PY 2023

2600 65TH AVENUE - OSCEOLA, WI 54020715-294-2111LinkedIn201-500 employees

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed May 11, 2024 (most recent of 2 filings on file)

Plan administrator

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2600 65th Ave; PO Box 218

Osceola, WI 54020

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Plans declared (1)

Plan name not on file4 emp

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Total assets (EOY)

$15.4M

+19.6% from 2022

Total participants

378

+16.7% from 2022

Average account balance

$44,654

+3.6% from 2022

Annual return

17.64%

+33.60 pp from 2022

Benchmarks

See 4,036 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,036 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.39M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

380

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.

89.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.04M

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

+11.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290	Contract Administrator	$44,835
RAYMOND JAMES FINANCIAL SERVICES4 years Filed as: RAYMOND JAMES FIN SVCS ADVISORS Service code 27 · EIN 59-2937883	Advisory (Plan)	$36,472
THE RIVERGROUP ADMINISTRATION SERVI3 years Filed as: THE RIVERGROUP ADMINISTRATION SVCS Service code 49	Other Services	$6,363
LINCOLN NATIONAL CORPORATION9+ years Service code 13 · EIN 35-1140070	Contract Administrator	$179
THE RIVERGROUP ADMINISTRATION SERVI7 years Service code 49 · EIN 90-0792199	Other Services	$0

Plan features & details

Pension benefit codes2F2G2K2L3D

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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$45K

$148 / participant

Recordkeeping$45K100.0%

% of EOY assets

0.293%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,654

$47,180-5.4%

$149,723-70.2%

$74,473-40.0%

Participation rate

88.9%

63.4%+25.4pp

78.8%+10.1pp

70.7%+18.1pp

Annual return

17.64%

22.75%-5.1pp

134.50%-116.9pp

34.36%-16.7pp

Employer contribution / active EE

$1,352

$1,907-29.1%

$4,821-72.0%

$2,638-48.8%

Participant deferral / active EE

$3,952

$2,730+44.8%

$5,682-30.4%

$4,530-12.8%

Admin fee / account holder

$131

$343-61.9%

$13,215-99.0%

$347-62.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY9+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$44,835

RAYMOND JAMES FINANCIAL SERVICES4 years

Filed as: RAYMOND JAMES FIN SVCS ADVISORS

Service code 27 · EIN 59-2937883

Advisory (Plan)

$36,472

THE RIVERGROUP ADMINISTRATION SERVI3 years

Filed as: THE RIVERGROUP ADMINISTRATION SVCS

Service code 49

Other Services

$6,363

LINCOLN NATIONAL CORPORATION9+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$179

THE RIVERGROUP ADMINISTRATION SERVI7 years

Service code 49 · EIN 90-0792199

Other Services

OSCEOLA MEDICAL CENTER 403(B) TAX DEFERRED ANNUITY PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OSCEOLA MEDICAL CENTER 403(B) TAX DEFERRED ANNUITY PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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