Retirement plan

CENTRA HEALTH MATCHING TAX DEFERRED SAVINGS PLAN

Name: CENTRA HEALTH, INC. - CENTRA HEALTH MATCHING TAX DEFERRED SAVINGS PLAN (2020) Form 5500
Creator: CENTRA HEALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRA HEALTH MATCHING TAX DEFERRED SAVINGS PLAN, CENTRA HEALTH, INC.

CENTRA HEALTH, INC.EIN 54-0715569Plan #002PY 2020

1920 ATHERHOLT ROAD - LYNCHBURG, VA 24501434-200-7668centrahealth.comLinkedIn5001-10000 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$259.2M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed February 23, 2011 (most recent of 4 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$661.6M

-10.3% from 2016

Total participants

9,434

-2.9% from 2016

Average account balance

$70,127

-7.7% from 2016

Annual return

14.32%

-6.76 pp from 2016

Benchmarks

See 223 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort223 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$747.12M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

9,110

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$52

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 9 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS6+ years Service code 12 · EIN 13-3689044	Float revenue; Direct payment from th...	$788,837
LANEVE FINANCIAL GUIDANCE, LLC6+ years Service code 33 · EIN 27-1404837	Securities brokerage commissions and ...	$50,258
CHERRY BEKAERT LLP4 years Filed as: CHERRY BEKAERT, LLP Service code 10 · EIN 56-0574444	Accounting	$23,000
MONEYWISE, INC.4 years Service code 33 · EIN 54-1506612	Securities brokerage; Securities brok...	$16,176
MERCER6+ years Service code 16 · EIN 13-2834414	Consulting	$13,358
CHARLES SCHWAB & CO., INC.6+ years Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$11,231
AXA EQUITABLE LIFE INSURANCE CO6+ years Filed as: AXA EQUITABLE Service code 25 · EIN 13-5570651	Directed Trustee	$2,698
CHARLES SCHWAB & CO., INC.6+ years Service code 33	Securities brokerage; Securities brok...	$0
NATIONAL FINANCIAL SERVICES6+ years Service code 33 · EIN 04-3523567	Securities brokerage commissions and ...	$0

Plan features & details

Pension benefit codes2F2G2L2M2R2S2T3H

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$907K

$126 / participant

Investment mgmt$92K10.2%
Other / not subdivided$815K89.8%

% of EOY assets

0.137%

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: CHERRY BEKAERT, LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,127

$63,259+10.9%

$178,510-60.7%

$93,223-24.8%

Participation rate

100.0%

72.1%+27.9pp

81.9%+18.1pp

74.9%+25.1pp

Annual return

14.32%

19.93%-5.6pp

151.13%-136.8pp

19.29%-5.0pp

Employer contribution / active EE

$1,625

$1,865-12.9%

$5,011-67.6%

$2,680-39.4%

Participant deferral / active EE

$3,694

$3,372+9.5%

$5,202-29.0%

$4,563-19.0%

Admin fee / account holder

$96

$58+65.7%

$13,988-99.3%

$79+21.4%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS6+ years

Service code 12 · EIN 13-3689044

Float revenue; Direct payment from th...

$788,837

LANEVE FINANCIAL GUIDANCE, LLC6+ years

Service code 33 · EIN 27-1404837

Securities brokerage commissions and ...

$50,258

CHERRY BEKAERT LLP4 years

Filed as: CHERRY BEKAERT, LLP

Service code 10 · EIN 56-0574444

Accounting

$23,000

MONEYWISE, INC.4 years

Service code 33 · EIN 54-1506612

Securities brokerage; Securities brok...

$16,176

MERCER6+ years

Service code 16 · EIN 13-2834414

Consulting

$13,358

CHARLES SCHWAB & CO., INC.6+ years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$11,231

AXA EQUITABLE LIFE INSURANCE CO6+ years

Filed as: AXA EQUITABLE

Service code 25 · EIN 13-5570651

Directed Trustee

$2,698

CHARLES SCHWAB & CO., INC.6+ years

Service code 33

Securities brokerage; Securities brok...

NATIONAL FINANCIAL SERVICES6+ years

Service code 33 · EIN 04-3523567

Securities brokerage commissions and ...

CENTRA HEALTH MATCHING TAX DEFERRED SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRA HEALTH MATCHING TAX DEFERRED SAVINGS PLAN

Top hat statement on fileNQDC

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