Retirement plan

CHURCH HEALTH CENTER EMPLOYEE RETIREMENT PLAN

Name: CHURCH HEALTH CENTER OF MEMPHIS, INC. - CHURCH HEALTH CENTER EMPLOYEE RETIREMENT PLAN (2016) Form 5500
Creator: CHURCH HEALTH CENTER OF MEMPHIS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHURCH HEALTH CENTER EMPLOYEE RETIREMENT PLAN, CHURCH HEALTH CENTER OF MEMPHIS, INC.

CHURCH HEALTH CENTER OF MEMPHIS, INC.EIN 58-1716113Plan #002PY 2016

1350 CONCOURSE AVE - SUITE 142 - MEMPHIS, TN 38104901-272-0003LinkedIn201-500 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.4M

No prior year

Total participants

324

No prior year

Average account balance

$19,096

No prior year

Annual return

10.04%

No prior year

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.74M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

349

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.

90.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

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

+11.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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 2 by compensation

Provider	Service type	Compensation
PIERCE, FENNER AND SMITH1+ years Filed as: PIERCE FINANCIAL Service code 26 6465 N. QUAIL HOLLOW SUITE 200 · MEMPHIS, TN 38120	Advisory (Participants)	$28,836
EMPLOYEE FIDUCIARY, LLC1+ years Filed as: EMPLOYEE FIDUCIARY Service code 15 1100 DAUPHIN STREET - SUITE B · MOBILE, AL 36604	Recordkeeping	$2,600

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$31K

$148 / participant

Investment mgmt$29K91.7%
Other / not subdivided$3K8.3%

% of EOY assets

0.578%

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: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,096

$43,423-56.0%

$78,676-75.7%

$55,167-65.4%

Participation rate

81.7%

68.0%+13.7pp

73.6%+8.1pp

69.0%+12.7pp

Annual return

10.04%

11.53%-1.5pp

62.19%-52.1pp

169.23%-159.2pp

Employer contribution / active EE

$1,426

$1,997-28.6%

$2,850-50.0%

$1,963-27.3%

Participant deferral / active EE

$2,178

$2,509-13.2%

$3,517-38.1%

$3,054-28.7%

Admin fee / account holder

$110

$416-73.5%

$4,510-97.6%

$504-78.1%

Provider

Service type

Compensation

PIERCE, FENNER AND SMITH1+ years

Filed as: PIERCE FINANCIAL

Service code 26

6465 N. QUAIL HOLLOW SUITE 200 · MEMPHIS, TN 38120

Advisory (Participants)

$28,836

EMPLOYEE FIDUCIARY, LLC1+ years

Filed as: EMPLOYEE FIDUCIARY

Service code 15

1100 DAUPHIN STREET - SUITE B · MOBILE, AL 36604

Recordkeeping

$2,600

CHURCH HEALTH CENTER EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHURCH HEALTH CENTER EMPLOYEE RETIREMENT 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