Retirement plan

BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC. EMPLOYEES SAVINGS TRUST

Name: BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC. - BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC. EMPLOYEES SAVINGS TRUST (2020) Form 5500
Creator: BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC. EMPLOYEES SAVINGS TRUST, BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC.

BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC.EIN 47-0379834Plan #001PY 2020

4800 HOSPITAL PARKWAY - BEATRICE, NE 68310402-228-3344beatricecommunityhospital.comLinkedIn501-1000 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement--

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed April 8, 2024

Plan administrator

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P.O 278 - 4800 Hospital Parkway

Beatrice, NE 68310

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Plans declared (1)

Beatrice Community Hospital & Health Center, Inc. Employees 457(b) Plan550 emp

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Total assets (EOY)

$27.6M

-6.3% from 2019

Total participants

625

+1.6% from 2019

Average account balance

$45,004

-17.4% from 2019

Annual return

0.17%

+0.93 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$58.75M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

651

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.42M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$190

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 2 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION1 year Service code 13 · EIN 35-1140070	Contract Administrator	$93,710
MARINER LLC4 years Filed as: MARINER RETIREMENT ADVISORS Service code 27 · EIN 20-4553256	Advisory (Plan)	$16,250

Plan features & details

Pension benefit codes2E2F2G2J2T3D2S

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$94K

$169 / participant

Contract admin$94K100.0%

% of EOY assets

0.340%

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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,004

$52,293-13.9%

$178,499-74.8%

$73,412-38.7%

Participation rate

97.8%

65.3%+32.5pp

81.9%+15.9pp

72.2%+25.7pp

Annual return

0.17%

34.75%-34.6pp

151.10%-150.9pp

59.30%-59.1pp

Employer contribution / active EE

$2,221

$1,735+28.0%

$5,011-55.7%

$2,234-0.6%

Participant deferral / active EE

$3,838

$2,332+64.6%

$5,202-26.2%

$3,806+0.8%

Admin fee / account holder

$153

$127+20.0%

$13,986-98.9%

$158-3.2%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1 year

Service code 13 · EIN 35-1140070

Contract Administrator

$93,710

MARINER LLC4 years

Filed as: MARINER RETIREMENT ADVISORS

Service code 27 · EIN 20-4553256

Advisory (Plan)

$16,250

BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC. EMPLOYEES SAVINGS TRUST

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

BEATRICE COMMUNITY HOSPITAL AND HEALTH CENTER, INC. EMPLOYEES SAVINGS TRUST

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