Retirement plan

THE EMPLOYEE RETIREMENT PLAN OF GROUP HEALTH PLAN,

Name: GROUP HEALTH PLAN, INC. - THE EMPLOYEE RETIREMENT PLAN OF GROUP HEALTH PLAN, (2017) Form 5500
Creator: GROUP HEALTH PLAN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE EMPLOYEE RETIREMENT PLAN OF GROUP HEALTH PLAN,, GROUP HEALTH PLAN, INC.

GROUP HEALTH PLAN, INC.EIN 41-0797853Plan #001PY 2017

8170 33RD AVE. SOUTH, P.O. BOX 1309 - MINNEAPOLIS, MN 554401309952-883-6170LinkedIn5001-10000 employeesmedical practice

Other plans on this EIN

3 filings

#003Retirement-$1.49B assets #008Retirement-$38.6M assets #004Retirement-$18.5M assets

Prospect flagsLow employer contribution

Top hat statement on fileNQDC

Filed March 20, 2008 (most recent of 4 filings on file)

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)

$596.9M

-6.8% from 2016

Total participants

4,580

+1.7% from 2016

Average account balance

No prior year

Annual return

16.31%

-8.63 pp from 2016

Benchmarks

See 168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined benefit

Participants1,000-4,999

Cohort168 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$819.39M

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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.

2,227

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 8 by compensation

Provider	Service type	Compensation
KENNEDY CAPITAL MANAGEMENT3+ years Service code 28 · EIN 43-1225960	Investment Management	$295,481
CORTINA1 year Service code 28 · EIN 56-2450074	Investment Management	$278,323
JANUSINTECH2 years Service code 28 · EIN 75-3019302	Investment Management	$257,768
WILLIS TOWERS WATSON US LLC3+ years Filed as: WATSON WYATT WORLDWIDE Service code 11 · EIN 53-0181291	Actuarial	$231,439
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO BANK N.A. Service code 21 · EIN 41-0451159	Bank Trustee	$69,786
MERCER1 year Filed as: PAVILION Service code 10 · EIN 04-3831795	Accounting	$42,000
METLIFE LIFE INSURANCE COMPANY2 years Filed as: METROPOLITAN WEST Service code 28 · EIN 95-3703295	Investment Management	$38,242
STATE STREET GLOBAL ADVISORS3+ years Service code 28 · EIN 04-0025081	Investment Management	$33,448

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1C3H

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.6M

$550 / participant

Investment mgmt$698K44.4%
Other / not subdivided$872K55.6%

% of EOY assets

0.263%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$198,173-100.0%

Participation rate

0.0%

0.0%0pp

42.0%-42.0pp

0.0%0pp

Annual return

16.31%

26.60%-10.3pp

10.16%+6.2pp

17.84%-1.5pp

Employer contribution / active EE

$2,102

$7,232-70.9%

$33,192-93.7%

$14,688-85.7%

Participant deferral / active EE

$539-100.0%

$66-100.0%

$770-100.0%

Admin fee / account holder

$7,531-100.0%

Provider

Service type

Compensation

KENNEDY CAPITAL MANAGEMENT3+ years

Service code 28 · EIN 43-1225960

Investment Management

$295,481

CORTINA1 year

Service code 28 · EIN 56-2450074

Investment Management

$278,323

JANUSINTECH2 years

Service code 28 · EIN 75-3019302

Investment Management

$257,768

WILLIS TOWERS WATSON US LLC3+ years

Filed as: WATSON WYATT WORLDWIDE

Service code 11 · EIN 53-0181291

Actuarial

$231,439

WELLS FARGO BANK, N.A.3+ years

Filed as: WELLS FARGO BANK N.A.

Service code 21 · EIN 41-0451159

Bank Trustee

$69,786

MERCER1 year

Filed as: PAVILION

Service code 10 · EIN 04-3831795

Accounting

$42,000

METLIFE LIFE INSURANCE COMPANY2 years

Filed as: METROPOLITAN WEST

Service code 28 · EIN 95-3703295

Investment Management

$38,242

STATE STREET GLOBAL ADVISORS3+ years

Service code 28 · EIN 04-0025081

Investment Management

$33,448

THE EMPLOYEE RETIREMENT PLAN OF GROUP HEALTH PLAN,

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE EMPLOYEE RETIREMENT PLAN OF GROUP HEALTH PLAN,

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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