Retirement plan

VIRGINIA HOSPITAL CENTER 403(B) PLAN

Name: VIRGINIA HOSPITAL CENTER - ARLINGTON - VIRGINIA HOSPITAL CENTER 403(B) PLAN (2024) Form 5500
Creator: VIRGINIA HOSPITAL CENTER - ARLINGTON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VIRGINIA HOSPITAL CENTER 403(B) PLAN, VIRGINIA HOSPITAL CENTER - ARLINGTON

VIRGINIA HOSPITAL CENTER - ARLINGTONEIN 54-0505989Plan #001PY 2024

1701 N. GEORGE MASON DRIVE - ARLINGTON, VA 22205703-558-6494LinkedIn1001-5000 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$327.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$108.9M

+24.5% from 2023

Total participants

717

-5.5% from 2023

Average account balance

$190,043

+19.5% from 2023

Annual return

14.23%

-4.96 pp from 2023

Benchmarks

See 4,131 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,131 peers

Snapshot2024

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 2 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC7 years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$67,246
AON CONSULTING3 years Filed as: AON Service code 16 200 E RANDOLPH STREET · CHICAGO, IL 60601	Consulting	$13,929

Plan features & details

Pension benefit codes2G2K2M2T

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$81K

$132 / participant

Recordkeeping$67K83.0%
Investment mgmt$5K5.7%
Other / not subdivided$9K11.3%

% of EOY assets

0.074%

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: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$190,043

$50,812+274.0%

$155,602+22.1%

$77,692+144.6%

Participation rate

76.5%

63.1%+13.4pp

78.2%-1.7pp

70.6%+5.9pp

Annual return

14.23%

34.85%-20.6pp

64.81%-50.6pp

31.25%-17.0pp

Employer contribution / active EE

$9,026

$1,989+353.8%

$4,675+93.1%

$2,726+231.1%

Participant deferral / active EE

$15,802

$2,822+459.9%

$5,629+180.7%

$4,648+239.9%

Admin fee / account holder

$141

$436-67.6%

$15,923-99.1%

$431-67.2%

Provider

Service type

Compensation

T ROWE PRICE RPS INC7 years

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$67,246

AON CONSULTING3 years

Filed as: AON

Service code 16

200 E RANDOLPH STREET · CHICAGO, IL 60601

Consulting

$13,929

VIRGINIA HOSPITAL CENTER 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VIRGINIA HOSPITAL CENTER 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