Retirement plan

CALDWELL MEDICAL CENTER TAX DEFERRED ANNUITY PLAN

Name: CALDWELL COUNTY HOSPITAL, INC. - CALDWELL MEDICAL CENTER TAX DEFERRED ANNUITY PLAN (2016) Form 5500
Creator: CALDWELL COUNTY HOSPITAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALDWELL MEDICAL CENTER TAX DEFERRED ANNUITY PLAN, CALDWELL COUNTY HOSPITAL, INC.

CALDWELL COUNTY HOSPITAL, INC.EIN 61-0432526Plan #002PY 2016

P.O. BOX 410 - PRINCETON, KY 42445270-365-0300cmcky.orgLinkedIn11-50 employeesinsurance

Other plans on this EIN

1 filing

#003Retirement-$100K assets

Prospect flagsLow returnsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$2.9M

-0.1% from 2015

Total participants

189

+2.2% from 2015

Average account balance

$28,359

+6.7% from 2015

Annual return

1.95%

+2.40 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.96M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

153

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.

33.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$404K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.71%

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

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
EDWARD JONES1 year Service code 55 400 N JEFFERSON STREET · PRINCETON, KY 42445	Other Commissions	$16,726
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT COM Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$300

Plan features & details

Pension benefit codes2F2G2K2L

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

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: JOHNSON, HICKEY & MURCHISON, PC
Auditor EIN: 621046406
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,359

$46,732-39.3%

$156,551-81.9%

$55,167-48.6%

Participation rate

41.9%

65.8%-23.9pp

84.0%-42.1pp

69.0%-27.1pp

Annual return

1.95%

17.72%-15.8pp

32.23%-30.3pp

169.23%-167.3pp

Employer contribution / active EE

$488

$2,105-76.8%

$5,501-91.1%

$1,963-75.1%

Participant deferral / active EE

$794

$2,204-64.0%

$4,871-83.7%

$3,054-74.0%

Admin fee / account holder

$418-100.0%

$13,028-100.0%

$504-100.0%

Provider

Service type

Compensation

EDWARD JONES1 year

Service code 55

400 N JEFFERSON STREET · PRINCETON, KY 42445

Other Commissions

$16,726

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT COM

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$300

CALDWELL MEDICAL CENTER TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CALDWELL MEDICAL CENTER TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion