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 (2021) 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 2021

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$24.8M

+34.1% from 2020

Total participants

501

+3.1% from 2020

Average account balance

$55,401

+22.4% from 2020

Annual return

34.04%

+30.14 pp from 2020

Benchmarks

See 3,799 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,799 peers

Snapshot2021

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
RBC WEALTH MANAGEMENT6+ years Service code 26 1918 8TH AVE STE 3600 · SEATTLE, WA 981011214	Advisory (Participants)	$55,931
NORTHWEST PLAN SERVICES, INC.6+ years Service code 15 · EIN 91-2090931 5446 CALIFORNIA AVE SW, STE 200 · SEATTLE, WA 98136	Recordkeeping	$35,523
MATRIX TRUST COMPANY1 year Service code 18 · EIN 75-3182674	Trustee (directed); Direct payment fr...	$6,341

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

$98K

$278 / participant

Investment mgmt$56K57.2%
Contract admin$36K36.3%
Other / not subdivided$6K6.5%

% of EOY assets

0.395%

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

$55,401

$56,540-2.0%

$185,851-70.2%

$86,821-36.2%

Participation rate

84.7%

65.5%+19.1pp

81.7%+3.0pp

72.3%+12.4pp

Annual return

34.04%

118.20%-84.2pp

122.11%-88.1pp

97.94%-63.9pp

Employer contribution / active EE

$3,306

$1,844+79.3%

$5,168-36.0%

$2,406+37.4%

Participant deferral / active EE

$3,301

$2,555+29.2%

$5,569-40.7%

$4,132-20.1%

Admin fee / account holder

$219

$150+46.2%

$16,245-98.7%

$170+29.0%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT6+ years

Service code 26

1918 8TH AVE STE 3600 · SEATTLE, WA 981011214

Advisory (Participants)

$55,931

NORTHWEST PLAN SERVICES, INC.6+ years

Service code 15 · EIN 91-2090931

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

Recordkeeping

$35,523

MATRIX TRUST COMPANY1 year

Service code 18 · EIN 75-3182674

Trustee (directed); Direct payment fr...

$6,341

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