Retirement plan

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

Name: GREENE COUNTY HEALTH CARE, INC. - GREENE COUNTY HEALTH CARE, INC. 401(K) PLAN (2018) 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 2018

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.5M

+12.7% from 2017

Total participants

163

-1.2% from 2017

Average account balance

$34,044

+14.1% from 2017

Annual return

7.75%

-2.92 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

$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 INSURANCE3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$30,602
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 55 880 CARILLON PKWY · ST. PETERSBURG, FL 33716	Other Commissions	$15,784
QRPS, INC.3+ years Service code 13	Contract Administrator	$4,735
QRPS, INC.3+ years Filed as: QRPS, INC Service code 13 2724 DISCOVERY DRIVE · RALEIGH, NC 27616	Contract Administrator	$2,400

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$31K

$229 / participant

Investment mgmt$31K100.0%

% of EOY assets

0.566%

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: RIVES & ASSOCIATES, LLP
Auditor EIN: 200427530
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,044

$47,977-29.0%

$154,108-77.9%

$56,289-39.5%

Participation rate

100.0%

66.2%+33.8pp

83.0%+17.0pp

69.9%+30.1pp

Annual return

7.75%

3.54%+4.2pp

735.21%-727.5pp

-9.96%+17.7pp

Employer contribution / active EE

$2,912

$2,169+34.3%

$5,298-45.0%

$2,111+37.9%

Participant deferral / active EE

$2,579

$2,392+7.8%

$5,081-49.2%

$3,350-23.0%

Admin fee / account holder

$193

$438-56.0%

$13,411-98.6%

$521-63.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$30,602

RAYMOND JAMES FINANCIAL SERVICES3+ years

Filed as: RAYMOND JAMES & ASSOCIATES, INC.

Service code 55

880 CARILLON PKWY · ST. PETERSBURG, FL 33716

Other Commissions

$15,784

QRPS, INC.3+ years

Service code 13

Contract Administrator

$4,735

QRPS, INC.3+ years

Filed as: QRPS, INC

Service code 13

2724 DISCOVERY DRIVE · RALEIGH, NC 27616

Contract Administrator

$2,400

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