Retirement plan

JOHNSON HEALTH CENTER MATCHING TAX-DEFERRD SAVINGS PLAN

Name: JOHNSON HEALTH CENTER - JOHNSON HEALTH CENTER MATCHING TAX-DEFERRD SAVINGS PLAN (2024) Form 5500
Creator: JOHNSON HEALTH CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHNSON HEALTH CENTER MATCHING TAX-DEFERRD SAVINGS PLAN, JOHNSON HEALTH CENTER

JOHNSON HEALTH CENTEREIN 54-1287905Plan #001PY 2024

134 ELON ROAD - MADISON HEIGHTS, VA 24572434-455-2480jhcvirginia.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11.3M

+14.1% from 2023

Total participants

325

+10.9% from 2023

Average account balance

$35,579

+2.0% from 2023

Annual return

18.60%

+6.81 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.35M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

319

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+18.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L2J2T

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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract 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

$8K

$35 / participant

Contract admin$8K100.0%

% of EOY assets

0.067%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROBINSON FARMER COX ASSOCIATES
Auditor EIN: 541896113
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,579

$55,446-35.8%

$155,574-77.1%

$74,429-52.2%

Participation rate

97.3%

61.9%+35.4pp

78.2%+19.0pp

67.2%+30.0pp

Annual return

18.60%

269.20%-250.6pp

64.87%-46.3pp

1368.38%-1349.8pp

Employer contribution / active EE

$2,568

$2,266+13.3%

$4,676-45.1%

$2,625-2.2%

Participant deferral / active EE

$3,706

$2,836+30.7%

$5,629-34.2%

$4,348-14.8%

Admin fee / account holder

$24

$1,743-98.6%

$15,914-99.9%

$1,944-98.8%

JOHNSON HEALTH CENTER MATCHING TAX-DEFERRD SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHNSON HEALTH CENTER MATCHING TAX-DEFERRD SAVINGS 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