Retirement plan

PEOPLES COMMUNITY HEALTH CLINIC, INC. 401(K) PROFIT SHARING PLAN

Name: PEOPLES COMMUNITY HEALTH CLINIC, INC. - PEOPLES COMMUNITY HEALTH CLINIC, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: PEOPLES COMMUNITY HEALTH CLINIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PEOPLES COMMUNITY HEALTH CLINIC, INC. 401(K) PROFIT SHARING PLAN, PEOPLES COMMUNITY HEALTH CLINIC, INC.

PEOPLES COMMUNITY HEALTH CLINIC, INC.EIN 42-1058629Plan #002PY 2023

905 FRANKLIN STREET - WATERLOO, IA 50703319-874-3000peoples-clinic.comLinkedIn51-200 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18M

+15.6% from 2022

Total participants

197

-4.4% from 2022

Average account balance

$91,930

+21.5% from 2022

Annual return

19.43%

+37.10 pp from 2022

Benchmarks

See 5,719 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,719 peers

Snapshot2023

See peer percentile detail. $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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Analytics

Total assets (EOY)

Plan-year ending balance

$18.39M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

185

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$330

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.

Start for $4.99 See plans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
REGIONS BANK4 years Filed as: REGIONS BANK DBA REGIONS TRUST Service code 25 250 RIVERCHASE PARKWAY E · HOOVER, AL 35244	Directed Trustee	$38,376
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$17,672

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$56K

$381 / participant

Recordkeeping$18K31.5%
Trustee / custodial$38K68.5%

% of EOY assets

0.311%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: HOGAN - HANSEN, P.C.
Auditor EIN: 420991212
Audit fees: $0
Opinion code: Unqualified

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,930

$61,272+50.0%

$149,673-38.6%

$71,457+28.6%

Participation rate

99.3%

62.5%+36.8pp

78.8%+20.6pp

67.9%+31.4pp

Annual return

19.43%

35.85%-16.4pp

134.42%-115.0pp

28.85%-9.4pp

Employer contribution / active EE

$3,651

$2,378+53.5%

$4,818-24.2%

$2,588+41.1%

Participant deferral / active EE

$3,922

$2,917+34.4%

$5,680-31.0%

$4,289-8.6%

Admin fee / account holder

$286

$1,261-77.3%

$13,210-97.8%

$1,587-82.0%

Provider

Service type

Compensation

REGIONS BANK4 years

Filed as: REGIONS BANK DBA REGIONS TRUST

Service code 25

250 RIVERCHASE PARKWAY E · HOOVER, AL 35244

Directed Trustee

$38,376

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$17,672

PEOPLES COMMUNITY HEALTH CLINIC, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PEOPLES COMMUNITY HEALTH CLINIC, INC. 401(K) PROFIT SHARING 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