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 (2024) 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 2024

501 S. 5TH AVENUE - YAKIMA, WA 98902509-494-6700chcw.orgLinkedIn201-500 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$28.2M

+15.1% from 2023

Total participants

595

+4.0% from 2023

Average account balance

$53,622

+10.3% from 2023

Annual return

16.89%

+4.50 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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 MANAGEMENT9+ years Service code 26 1918 8TH AVE STE 3600 · SEATTLE, WA 981011214	Advisory (Participants)	$64,972
NWPS3 years Service code 15 · EIN 91-2090931 4025 DELRIDGE WAY SW, SUITE 250 · SEATTLE, WA 98106	Recordkeeping	$47,889
MATRIX TRUST COMPANY4 years Service code 18 · EIN 75-3182674	Custodial (other than securities); Di...	$8,033

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

$121K

$319 / participant

Recordkeeping$48K39.6%
Trustee / custodial$8K6.6%
Investment mgmt$65K53.7%

% of EOY assets

0.429%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,622

$50,902+5.3%

$155,534-65.5%

$77,736-31.0%

Participation rate

81.8%

63.1%+18.7pp

78.2%+3.6pp

70.6%+11.2pp

Annual return

16.89%

34.85%-18.0pp

64.92%-48.0pp

31.26%-14.4pp

Employer contribution / active EE

$2,014

$1,991+1.1%

$4,675-56.9%

$2,728-26.2%

Participant deferral / active EE

$3,212

$2,824+13.8%

$5,630-42.9%

$4,651-30.9%

Admin fee / account holder

$230

$437-47.4%

$15,900-98.6%

$433-47.0%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT9+ years

Service code 26

1918 8TH AVE STE 3600 · SEATTLE, WA 981011214

Advisory (Participants)

$64,972

NWPS3 years

Service code 15 · EIN 91-2090931

4025 DELRIDGE WAY SW, SUITE 250 · SEATTLE, WA 98106

Recordkeeping

$47,889

MATRIX TRUST COMPANY4 years

Service code 18 · EIN 75-3182674

Custodial (other than securities); Di...

$8,033

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