Retirement plan

GREENE COUNTY HEALTH CARE, INC. 401(K) PLAN

Name: GREENE COUNTY HEALTH CARE, INC. - GREENE COUNTY HEALTH CARE, INC. 401(K) PLAN (2017) Form 5500
Creator: GREENE COUNTY HEALTH CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENE COUNTY HEALTH CARE, INC. 401(K) PLAN, GREENE COUNTY HEALTH CARE, INC.

GREENE COUNTY HEALTH CARE, INC.EIN 56-0992353Plan #001PY 2017

7 PROFESSIONAL DRIVE - SNOW HILL, NC 28580252-747-8162

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$4.9M

+21.6% from 2016

Total participants

165

+7.1% from 2016

Average account balance

$29,844

+13.5% from 2016

Annual return

10.67%

+11.09 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.66M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

194

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.23M

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

+15.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$305

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$24,236
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 55 880 CARILLON PKWY · ST. PETERSBURG, FL 33716	Other Commissions	$12,315
QRPS, INC.2+ years Service code 13	Contract Administrator	$3,940
QRPS, INC.2+ years Filed as: QRPS, INC Service code 13 2724 DISCOVERY DRIVE · RALEIGH, NC 27616	Contract Administrator	$2,600

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

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

$25K

$209 / participant

Investment mgmt$25K100.0%

% of EOY assets

0.508%

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: SITTERSON AND COMPANY, PA
Auditor EIN: 561523260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,844

$55,453-46.2%

$170,435-82.5%

$62,293-52.1%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

10.67%

21.38%-10.7pp

205.94%-195.3pp

28.90%-18.2pp

Employer contribution / active EE

$3,246

$2,164+50.0%

$5,432-40.2%

$2,042+58.9%

Participant deferral / active EE

$2,524

$2,303+9.6%

$4,939-48.9%

$3,169-20.4%

Admin fee / account holder

$152

$455-66.7%

$13,881-98.9%

$479-68.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$24,236

RAYMOND JAMES FINANCIAL SERVICES2+ years

Filed as: RAYMOND JAMES & ASSOCIATES, INC.

Service code 55

880 CARILLON PKWY · ST. PETERSBURG, FL 33716

Other Commissions

$12,315

QRPS, INC.2+ years

Service code 13

Contract Administrator

$3,940

QRPS, INC.2+ years

Filed as: QRPS, INC

Service code 13

2724 DISCOVERY DRIVE · RALEIGH, NC 27616

Contract Administrator

$2,600

GREENE COUNTY HEALTH CARE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREENE COUNTY HEALTH CARE, INC. 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