Retirement plan

COMMUNITY HEALTH OF CENTRAL WASHINGTON 401(K) PROFIT SHARING PLAN

Name: COMMUNITY HEALTH OF CENTRAL WASHINGTON - COMMUNITY HEALTH OF CENTRAL WASHINGTON 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: COMMUNITY HEALTH OF CENTRAL WASHINGTON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY HEALTH OF CENTRAL WASHINGTON 401(K) PROFIT SHARING PLAN, COMMUNITY HEALTH OF CENTRAL WASHINGTON

COMMUNITY HEALTH OF CENTRAL WASHINGTONEIN 57-1140982Plan #003PY 2019

501 S. 5TH AVENUE - YAKIMA, WA 98902509-452-4520chcw.orgLinkedIn201-500 employeesmedical practice

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$17.5M

+9.3% from 2018

Total participants

459

+9.0% from 2018

Average account balance

$46,767

+3.2% from 2018

Annual return

4.74%

-6.96 pp from 2018

Benchmarks

See 3,878 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,878 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.48M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

461

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.

77.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.90M

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

+11.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$292

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
NORTHWEST PLAN SERVICES, INC.4+ years Service code 15 · EIN 91-2090931 5446 CALIFORNIA AVE SW, STE 200 · SEATTLE, WA 98136	Recordkeeping	$74,526
RBC WEALTH MANAGEMENT4+ years Service code 26 1918 8TH AVE STE 3600 · SEATTLE, WA 981011214	Advisory (Participants)	$44,438
TD AMERITRADE, INC.4+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408 P.O. BOX 17748 · DENVER, CO 802170748	Securities Custodian	$5,326

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$124K

$356 / participant

Investment mgmt$44K35.8%
Contract admin$75K60.0%
Other / not subdivided$5K4.3%

% of EOY assets

0.709%

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: ALEGRIA & COMPANY, PS
Auditor EIN: 910856953
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,767

$62,928-25.7%

$172,753-72.9%

$67,582-30.8%

Participation rate

75.9%

64.5%+11.5pp

82.6%-6.7pp

71.3%+4.7pp

Annual return

4.74%

30.36%-25.6pp

803.00%-798.3pp

378.57%-373.8pp

Employer contribution / active EE

$2,829

$1,636+72.9%

$5,144-45.0%

$2,148+31.7%

Participant deferral / active EE

$2,889

$2,145+34.7%

$5,198-44.4%

$3,539-18.4%

Admin fee / account holder

$331

$167+98.9%

$13,956-97.6%

$142+132.9%

Provider

Service type

Compensation

NORTHWEST PLAN SERVICES, INC.4+ years

Service code 15 · EIN 91-2090931

5446 CALIFORNIA AVE SW, STE 200 · SEATTLE, WA 98136

Recordkeeping

$74,526

RBC WEALTH MANAGEMENT4+ years

Service code 26

1918 8TH AVE STE 3600 · SEATTLE, WA 981011214

Advisory (Participants)

$44,438

TD AMERITRADE, INC.4+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

P.O. BOX 17748 · DENVER, CO 802170748

Securities Custodian

$5,326

COMMUNITY HEALTH OF CENTRAL WASHINGTON 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY HEALTH OF CENTRAL WASHINGTON 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