Retirement plan

DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INC. 401(K) PROFIT 401(K) PLAN

Name: DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INC - DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INC. 401(K) PROFIT 401(K) PLAN (2023) Form 5500
Creator: DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INC. 401(K) PROFIT 401(K) PLAN, DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INC

DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INCEIN 43-1747760Plan #001PY 2023

PO BOX 1359 - AVA, MO 656081359417-683-5739

Prospect flagsRecently reached 100 employeesLow fidelity bond

How to read this page

Total assets (EOY)

$3.8M

+19.9% from 2022

Total participants

122

+23.2% from 2022

Average account balance

$34,909

No prior year

Annual return

15.80%

+31.09 pp from 2022

Benchmarks

See 5,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,710 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.76M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

174

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$651K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$191

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 1 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 1300 S CLINTON STREET · FORT WAYNE, IN 46801	Contract Administrator	$24,504

Plan features & details

Pension benefit codes2E2T2J3D2G2F

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.
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

2 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$25K

$236 / participant

Investment mgmt$10K40.7%
Contract admin$15K59.3%

% of EOY assets

0.650%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: THE WHITLOCK CO. LLP
Auditor EIN: 431365401
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,909

$61,338-43.1%

$149,717-76.7%

$71,495-51.2%

Participation rate

86.5%

62.5%+24.0pp

78.8%+7.8pp

67.9%+18.6pp

Annual return

15.80%

35.86%-20.1pp

134.41%-118.6pp

28.85%-13.1pp

Employer contribution / active EE

$2,092

$2,381-12.2%

$4,820-56.6%

$2,589-19.2%

Participant deferral / active EE

$2,990

$2,919+2.4%

$5,682-47.4%

$4,291-30.3%

Admin fee / account holder

$227

$1,263-82.0%

$13,213-98.3%

$1,588-85.7%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION3 years

Service code 13 · EIN 35-1140070

1300 S CLINTON STREET · FORT WAYNE, IN 46801

Contract Administrator

$24,504

DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INC. 401(K) PROFIT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DOUGLAS COUNTY PUBLIC HEALTH SERVICES GROUP, INC. 401(K) PROFIT 401(K) 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