Retirement plan

MINNIE HAMILTON HEALTH CARE CENTER 401(K) PLAN

Name: MINNIE HAMILTON HEALTH CARE CENTER - MINNIE HAMILTON HEALTH CARE CENTER 401(K) PLAN (2018) Form 5500
Creator: MINNIE HAMILTON HEALTH CARE CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MINNIE HAMILTON HEALTH CARE CENTER 401(K) PLAN, MINNIE HAMILTON HEALTH CARE CENTER

MINNIE HAMILTON HEALTH CARE CENTEREIN 55-0629032Plan #001PY 2018

186 HOSPITAL DRIVE - GRANTSVILLE, WV 26147304-354-9244LinkedIn201-500 employeesmedical practice

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4.5M

-2.0% from 2017

Total participants

228

-6.6% from 2017

Average account balance

$27,377

+3.3% from 2017

Annual return

-4.97%

-20.26 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.53M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

251

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.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$771K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$479

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 5 by compensation

Provider	Service type	Compensation
IRONWOOD CAPITAL MANAGEMENT1 year Filed as: IRONWOOD WEALTH MANAGEMENT Service code 26 · EIN 35-2242519 18 CHASE DRIVE · HURRICANE, WV 25526	Advisory (Participants)	$2,877
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASS MUTUAL LIFE INS Service code 15 · EIN 04-1590850	Recordkeeping	$1,665
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INS CO Service code 15 · EIN 01-0233346	Recordkeeping	$25
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Filed as: DYATECH LLC Service code 13 · EIN 64-0936231	Contract Administrator	$0
J W COLE FINANCIAL INC1 year Filed as: J W COLE INSURANCE Service code 27 · EIN 65-1040717	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$9K

$42 / participant

Investment mgmt$3K33.0%
Contract admin$6K67.0%

% of EOY assets

0.192%

all-in expense ratio

Categories reported

2 / 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: ARNETT CARBIS TOOTHMAN LLP
Auditor EIN: 554806667
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,377

$47,977-42.9%

$154,111-82.2%

$56,287-51.4%

Participation rate

70.0%

66.2%+3.9pp

83.0%-13.0pp

69.9%+0.2pp

Annual return

-4.97%

3.54%-8.5pp

735.18%-740.2pp

-9.96%+5.0pp

Employer contribution / active EE

$1,372

$2,169-36.8%

$5,298-74.1%

$2,111-35.0%

Participant deferral / active EE

$2,250

$2,392-5.9%

$5,081-55.7%

$3,350-32.8%

Admin fee / account holder

$53

$438-88.0%

$13,411-99.6%

$521-89.9%

Provider

Service type

Compensation

IRONWOOD CAPITAL MANAGEMENT1 year

Filed as: IRONWOOD WEALTH MANAGEMENT

Service code 26 · EIN 35-2242519

18 CHASE DRIVE · HURRICANE, WV 25526

Advisory (Participants)

$2,877

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASS MUTUAL LIFE INS

Service code 15 · EIN 04-1590850

Recordkeeping

$1,665

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INS CO

Service code 15 · EIN 01-0233346

Recordkeeping

$25

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Filed as: DYATECH LLC

Service code 13 · EIN 64-0936231

Contract Administrator

J W COLE FINANCIAL INC1 year

Filed as: J W COLE INSURANCE

Service code 27 · EIN 65-1040717

Advisory (Plan)

MINNIE HAMILTON HEALTH CARE CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MINNIE HAMILTON HEALTH CARE CENTER 401(K) 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