Retirement plan

CHURCH HEALTH CENTER EMPLOYEE RETIREMENT PLAN

Name: CHURCH HEALTH CENTER OF MEMPHIS, INC. - CHURCH HEALTH CENTER EMPLOYEE RETIREMENT PLAN (2017) 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 2017

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)

$6.3M

+14.9% from 2016

Total participants

332

+2.5% from 2016

Average account balance

$20,713

+8.5% from 2016

Annual return

13.91%

+3.86 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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 SMITH2+ years Filed as: PIERCE FINANCIAL Service code 26 6465 N. QUAIL HOLLOW SUITE 200 · MEMPHIS, TN 38120	Advisory (Participants)	$21,841
EMPLOYEE FIDUCIARY, LLC2+ years Filed as: EMPLOYEE FIDUCIARY Service code 15 1100 DAUPHIN STREET - SUITE B · MOBILE, AL 36604	Recordkeeping	$2,150

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

$24K

$115 / participant

Investment mgmt$22K91.0%
Other / not subdivided$2K9.0%

% of EOY assets

0.384%

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

$20,713

$50,637-59.1%

$86,582-76.1%

$62,293-66.7%

Participation rate

85.6%

67.9%+17.8pp

73.5%+12.1pp

69.5%+16.1pp

Annual return

13.91%

20.80%-6.9pp

965.08%-951.2pp

28.90%-15.0pp

Employer contribution / active EE

$1,249

$2,075-39.8%

$2,839-56.0%

$2,042-38.8%

Participant deferral / active EE

$2,185

$2,611-16.3%

$3,609-39.4%

$3,169-31.0%

Admin fee / account holder

$79

$413-80.8%

$4,904-98.4%

$479-83.4%

Provider

Service type

Compensation

PIERCE, FENNER AND SMITH2+ years

Filed as: PIERCE FINANCIAL

Service code 26

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

Advisory (Participants)

$21,841

EMPLOYEE FIDUCIARY, LLC2+ years

Filed as: EMPLOYEE FIDUCIARY

Service code 15

1100 DAUPHIN STREET - SUITE B · MOBILE, AL 36604

Recordkeeping

$2,150

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