Retirement plan

APPALACHIAN REGIONAL HEAD AND NECK CENTER, 401 (K) PLAN

Name: APPALACHIAN REGIONAL HEAD AND NECK CENTER - APPALACHIAN REGIONAL HEAD AND NECK CENTER, 401 (K) PLAN (2020) Form 5500
Creator: APPALACHIAN REGIONAL HEAD AND NECK CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APPALACHIAN REGIONAL HEAD AND NECK CENTER, 401 (K) PLAN, APPALACHIAN REGIONAL HEAD AND NECK CENTER

APPALACHIAN REGIONAL HEAD AND NECK CENTEREIN 61-1193504Plan #003PY 2020

200 MEDICAL CENTER DRIVE, SUITE 2-N - HAZARD, KY 41701606-439-4466LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#004Retirement-$1.4M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$3.3M

+26.3% from 2019

Total participants

+8.3% from 2019

Average account balance

$275,231

+26.3% from 2019

Annual return

24.03%

-0.98 pp from 2019

Benchmarks

See 102,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,098 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.48M

Not enough data

1 years with asset history on file

Average account balance

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

$686K

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.

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$90K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+4.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3247

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$45K

$3759 / participant

Other / not subdivided$45K100.0%

% of EOY assets

1.366%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$275,231

$209,425+31.4%

$178,499+54.2%

$158,966+73.1%

Participation rate

91.7%

86.4%+5.3pp

81.9%+9.7pp

82.0%+9.7pp

Annual return

24.03%

188.80%-164.8pp

151.10%-127.1pp

302.95%-278.9pp

Employer contribution / active EE

$3,876

$5,707-32.1%

$5,011-22.7%

$4,762-18.6%

Participant deferral / active EE

$4,908

$5,955-17.6%

$5,202-5.7%

$5,983-18.0%

Admin fee / account holder

$3,759

$17,078-78.0%

$13,986-73.1%

$11,250-66.6%

APPALACHIAN REGIONAL HEAD AND NECK CENTER, 401 (K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APPALACHIAN REGIONAL HEAD AND NECK CENTER, 401 (K) 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