Retirement plan

HEALTH FIRST MEDICAL GROUP RETIREMENT SAVINGS PLAN

Name: HEALTH FIRST, INC. - HEALTH FIRST MEDICAL GROUP RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: HEALTH FIRST, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALTH FIRST MEDICAL GROUP RETIREMENT SAVINGS PLAN, HEALTH FIRST, INC.

HEALTH FIRST, INC.EIN 59-3336894Plan #004PY 2017

3550 NORTH HARBOUR CITY BLVD - MELBOURNE, FL 329355714321-434-4300

Other plans on this EIN

2 filings

#002Retirement-$444.4M assets #003Retirement-$32.4M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed February 20, 2002 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$151.3M

-10.5% from 2016

Total participants

2,604

-7.2% from 2016

Average account balance

$75,978

-1.7% from 2016

Annual return

19.07%

-9.69 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-101.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 8 by compensation

Provider	Service type	Compensation
FIRSTWAVE FINANCIAL3+ years Service code 28 · EIN 59-3342125	Investment Management	$31,251
MILLIMAN, INC.3+ years Service code 15 · EIN 91-0675641	Recordkeeping	$22,259
CHARLES SCHWAB & CO., INC.3+ years Service code 19 · EIN 94-1737782	Securities Custodian	$7,210
US BANK2 years Service code 19 · EIN 31-0841368	Securities Custodian	$6,716
CBIZ RETIREMENT PLAN SERVICES2 years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 27 · EIN 52-1396995	Advisory (Plan)	$0
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$0
MAZURSKY CONSTANTINE LLC2 years Service code 29 · EIN 27-3547321	Legal	$0
RSM US LLP2 years Service code 10 · EIN 42-0714325	Accounting	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$32K

$14 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,978

$44,989+68.9%

$170,435-55.4%

$77,958-2.5%

Participation rate

74.0%

64.6%+9.4pp

83.6%-9.6pp

71.6%+2.4pp

Annual return

19.07%

19.61%-0.5pp

205.94%-186.9pp

20.87%-1.8pp

Employer contribution / active EE

$2,214

$1,466+51.0%

$5,432-59.2%

$2,310-4.2%

Participant deferral / active EE

$3,110

$2,208+40.9%

$4,939-37.0%

$3,537-12.1%

Admin fee / account holder

$16

$69-76.5%

$13,881-99.9%

$97-83.4%

Provider

Service type

Compensation

FIRSTWAVE FINANCIAL3+ years

Service code 28 · EIN 59-3342125

Investment Management

$31,251

MILLIMAN, INC.3+ years

Service code 15 · EIN 91-0675641

Recordkeeping

$22,259

CHARLES SCHWAB & CO., INC.3+ years

Service code 19 · EIN 94-1737782

Securities Custodian

$7,210

US BANK2 years

Service code 19 · EIN 31-0841368

Securities Custodian

$6,716

CBIZ RETIREMENT PLAN SERVICES2 years

Filed as: CBIZ FINANCIAL SOLUTIONS, INC.

Service code 27 · EIN 52-1396995

Advisory (Plan)

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

MAZURSKY CONSTANTINE LLC2 years

Service code 29 · EIN 27-3547321

Legal

RSM US LLP2 years

Service code 10 · EIN 42-0714325

Accounting

HEALTH FIRST MEDICAL GROUP RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEALTH FIRST MEDICAL GROUP RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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