Retirement plan

VIRGINIA HOSPITAL CENTER - ARLINGTON 403(B) PLAN

Name: VIRGINIA HOSPITAL CENTER - ARLINGTON - VIRGINIA HOSPITAL CENTER - ARLINGTON 403(B) PLAN (2017) Form 5500
Creator: VIRGINIA HOSPITAL CENTER - ARLINGTON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VIRGINIA HOSPITAL CENTER - ARLINGTON 403(B) PLAN, VIRGINIA HOSPITAL CENTER - ARLINGTON

VIRGINIA HOSPITAL CENTER - ARLINGTONEIN 54-0505989Plan #001PY 2017

1701 N. GEORGE MASON DRIVE - ARLINGTON, VA 222053698703-558-6494LinkedIn1001-5000 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$170.2M assets

Prospect flagsHigh cashLow participation

How to read this page

Total assets (EOY)

$36.6M

-12.4% from 2016

Total participants

1,158

-0.7% from 2016

Average account balance

$127,465

-8.5% from 2016

Annual return

15.43%

-7.15 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$108.89M

Not enough data

1 years with asset history on file

Average account balance

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

$190K

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.

573

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.19M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+14.23%

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393	Recordkeeping	$71,273

Plan features & details

Pension benefit codes2G2K2T2M

Plan features

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$71K

$63 / participant

Other / not subdivided$71K100.0%

% of EOY assets

0.195%

all-in expense ratio

Categories reported

0 / 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: DIXON HUGHES GOODMAN LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,465

$44,989+183.3%

$170,435-25.2%

$77,958+63.5%

Participation rate

22.5%

64.6%-42.1pp

83.6%-61.1pp

71.6%-49.1pp

Annual return

15.43%

19.61%-4.2pp

205.94%-190.5pp

20.87%-5.4pp

Employer contribution / active EE

$1,275

$1,466-13.1%

$5,432-76.5%

$2,310-44.8%

Participant deferral / active EE

$2,343

$2,208+6.1%

$4,939-52.6%

$3,537-33.7%

Admin fee / account holder

$248

$69+260.1%

$13,881-98.2%

$97+155.0%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$71,273

VIRGINIA HOSPITAL CENTER - ARLINGTON 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VIRGINIA HOSPITAL CENTER - ARLINGTON 403(B) 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