Retirement plan

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

Name: GREENE COUNTY HEALTH CARE, INC. - GREENE COUNTY HEALTH CARE, INC. 401(K) PLAN (2019) 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 2019

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$5.6M

+0.4% from 2018

Total participants

174

+6.7% from 2018

Average account balance

$32,024

-5.9% from 2018

Annual return

5.35%

-2.39 pp from 2018

Benchmarks

See 5,341 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,341 peers

Snapshot2019

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 INSURANCE4+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$34,778
RAYMOND JAMES FINANCIAL SERVICES4+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 55 880 CARILLON PKWY · ST. PETERSBURG, FL 33716	Other Commissions	$17,104
QRPS, INC.4+ years Service code 13	Contract Administrator	$5,134
QRPS, INC.4+ years Filed as: QRPS, INC Service code 13 2724 DISCOVERY DRIVE · RALEIGH, NC 27616	Contract Administrator	$2,250

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$36K

$276 / participant

Investment mgmt$36K100.0%

% of EOY assets

0.643%

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

$32,024

$52,967-39.5%

$172,753-81.5%

$65,186-50.9%

Participation rate

100.0%

66.2%+33.8pp

82.6%+17.4pp

70.2%+29.8pp

Annual return

5.35%

30.12%-24.8pp

803.00%-797.6pp

29.39%-24.0pp

Employer contribution / active EE

$3,578

$2,190+63.4%

$5,144-30.4%

$2,177+64.4%

Participant deferral / active EE

$3,160

$2,471+27.9%

$5,198-39.2%

$3,514-10.1%

Admin fee / account holder

$206

$472-56.4%

$13,956-98.5%

$847-75.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$34,778

RAYMOND JAMES FINANCIAL SERVICES4+ years

Filed as: RAYMOND JAMES & ASSOCIATES, INC.

Service code 55

880 CARILLON PKWY · ST. PETERSBURG, FL 33716

Other Commissions

$17,104

QRPS, INC.4+ years

Service code 13

Contract Administrator

$5,134

QRPS, INC.4+ years

Filed as: QRPS, INC

Service code 13

2724 DISCOVERY DRIVE · RALEIGH, NC 27616

Contract Administrator

$2,250

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