Retirement plan

CHRIST COMMUNITY HEALTH SERVICES 401(K) PLAN

Name: CHRIST COMMUNITY HEALTH SERVICES - CHRIST COMMUNITY HEALTH SERVICES 401(K) PLAN (2015) Form 5500
Creator: CHRIST COMMUNITY HEALTH SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHRIST COMMUNITY HEALTH SERVICES 401(K) PLAN, CHRIST COMMUNITY HEALTH SERVICES

CHRIST COMMUNITY HEALTH SERVICESEIN 62-1583270Plan #001PY 2015

2595 CENTRAL AVENUE - MEMPHIS, TN 38104901-260-8552LinkedIn1-10 employeescosmetics

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$3M

No prior year

Total participants

374

No prior year

Average account balance

$18,362

No prior year

Annual return

-2.72%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.42M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

253

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.

40.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.42M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$150

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 3 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASS MUTUAL Service code 15 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 01111	Recordkeeping	$22,842
BURLEIGH CONSULTING GROUP1+ years Filed as: BURLEIGH CONSULTING GROUP, INC. Service code 16 · EIN 62-0842964 465 JACK KRAMER DR., SUITE 2 · MEMPHIS, TN 38117	Consulting	$11,265
SS MUTUAL1+ years Service code 60	Sub-TA Fees	$3,777

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

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.
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.
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

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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$12K

$41 / participant

Contract admin$5004.2%
Other / not subdivided$11K95.8%

% of EOY assets

0.398%

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: BANKS, FINLEY, WHITE & COMPANY
Auditor EIN: 621145254
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,362

$37,117-50.5%

$147,618-87.6%

$55,191-66.7%

Participation rate

26.6%

63.6%-37.1pp

84.6%-58.1pp

69.2%-42.6pp

Annual return

-2.72%

3.44%-6.2pp

61.98%-64.7pp

10.78%-13.5pp

Employer contribution / active EE

$221

$1,620-86.4%

$5,565-96.0%

$1,899-88.4%

Participant deferral / active EE

$881

$1,985-55.6%

$4,895-82.0%

$3,046-71.1%

Admin fee / account holder

$73

$86-14.6%

$11,612-99.4%

$91-19.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASS MUTUAL

Service code 15 · EIN 04-1590850

1295 STATE STREET · SPRINGFIELD, MA 01111

Recordkeeping

$22,842

BURLEIGH CONSULTING GROUP1+ years

Filed as: BURLEIGH CONSULTING GROUP, INC.

Service code 16 · EIN 62-0842964

465 JACK KRAMER DR., SUITE 2 · MEMPHIS, TN 38117

Consulting

$11,265

SS MUTUAL1+ years

Service code 60

Sub-TA Fees

$3,777

CHRIST COMMUNITY HEALTH SERVICES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHRIST COMMUNITY HEALTH SERVICES 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