Retirement plan

CABIN CREEK HEALTH SYSTEMS, INC. 401(K)PROFIT SHARING PLAN

Name: CABIN CREEK HEALTH SYSTEMS, INC. - CABIN CREEK HEALTH SYSTEMS, INC. 401(K)PROFIT SHARING PLAN (2023) Form 5500
Creator: CABIN CREEK HEALTH SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CABIN CREEK HEALTH SYSTEMS, INC. 401(K)PROFIT SHARING PLAN, CABIN CREEK HEALTH SYSTEMS, INC.

CABIN CREEK HEALTH SYSTEMS, INC.EIN 55-0709223Plan #001PY 2023

104 ALEX LANE - CHARLESTON, WV 25304304-734-2040cabincreekhealth.comLinkedIn201-500 employeesmedical practice

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$7M

+19.4% from 2022

Total participants

315

+11.7% from 2022

Average account balance

$22,206

+6.9% from 2022

Annual return

10.95%

+27.93 pp from 2022

Benchmarks

See 5,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,710 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.40M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

335

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.

95.8%

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

+12.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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 3 by compensation

Provider	Service type	Compensation
MCKINLEY CARTER WEALTH SERVICES6 years Filed as: MCKINLEY/CARTER Service code 27 · EIN 54-2111721 129 SUMMERS STREET, SUITE 200 · CHARLESTON, WV 25301	Advisory (Plan)	$23,941
BAKER TILLY US, LLP1 year Filed as: BAKER TILLY VANTAGEN LLC Service code 99 · EIN 23-2932984	Other Fees	$11,663
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$9,529

Plan features & details

Pension benefit codes2E2H2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$47K

$227 / participant

Contract admin$36K75.2%
Other / not subdivided$12K24.8%

% of EOY assets

0.676%

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: BROWN, EDWARDS & COMPANY, LLP
Auditor EIN: 550504608
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,206

$61,338-63.8%

$149,717-85.2%

$71,495-68.9%

Participation rate

100.0%

62.5%+37.5pp

78.8%+21.2pp

67.9%+32.1pp

Annual return

10.95%

35.86%-24.9pp

134.41%-123.5pp

28.85%-17.9pp

Employer contribution / active EE

$2,835

$2,381+19.1%

$4,820-41.2%

$2,589+9.5%

Participant deferral / active EE

$2,928

$2,919+0.3%

$5,682-48.5%

$4,291-31.8%

Admin fee / account holder

$150

$1,263-88.1%

$13,213-98.9%

$1,588-90.5%

Provider

Service type

Compensation

MCKINLEY CARTER WEALTH SERVICES6 years

Filed as: MCKINLEY/CARTER

Service code 27 · EIN 54-2111721

129 SUMMERS STREET, SUITE 200 · CHARLESTON, WV 25301

Advisory (Plan)

$23,941

BAKER TILLY US, LLP1 year

Filed as: BAKER TILLY VANTAGEN LLC

Service code 99 · EIN 23-2932984

Other Fees

$11,663

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$9,529

CABIN CREEK HEALTH SYSTEMS, INC. 401(K)PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CABIN CREEK HEALTH SYSTEMS, INC. 401(K)PROFIT SHARING 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