Retirement plan

WELLMONT HAWKINS COUNTY MEMORIAL HOSPITAL PENSION PLAN

Name: HAWKINS COUNTY MEMORIAL HOSPITAL - WELLMONT HAWKINS COUNTY MEMORIAL HOSPITAL PENSION PLAN (2024) Form 5500
Creator: HAWKINS COUNTY MEMORIAL HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WELLMONT HAWKINS COUNTY MEMORIAL HOSPITAL PENSION PLAN, HAWKINS COUNTY MEMORIAL HOSPITAL

HAWKINS COUNTY MEMORIAL HOSPITALEIN 62-1816368Plan #001PY 2024

P.O. BOX 130 - ROGERSVILLE, TN 378571030423-230-8242LinkedIn201-500 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$1.9M assets

Prospect flagsWind-down / frozen

How to read this page

Total assets (EOY)

$1.8M

+4.9% from 2023

Total participants

-24.5% from 2023

Average account balance

$26,438

+6.5% from 2023

Annual return

14.32%

+0.12 pp from 2023

Benchmarks

See 21,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.80M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

78.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 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

+14.32%

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 1 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO10+ years Service code 15 · EIN 35-0145825	Recordkeeping	$1,500

Plan features & details

Pension benefit codes2C2E2F2G2K3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
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.
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

1 tripped

InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PYA, P.C.
Auditor EIN: 651517792
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,438

$81,331-67.5%

$155,534-83.0%

$80,935-67.3%

Participation rate

78.3%

66.3%+12.0pp

78.2%0pp

67.7%+10.6pp

Annual return

14.32%

33.37%-19.1pp

64.92%-50.6pp

35.66%-21.3pp

Employer contribution / active EE

$3,105-100.0%

$4,675-100.0%

$2,757-100.0%

Participant deferral / active EE

$3,454-100.0%

$5,630-100.0%

$4,299-100.0%

Admin fee / account holder

$7,999-100.0%

$15,900-100.0%

$6,924-100.0%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO10+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$1,500

WELLMONT HAWKINS COUNTY MEMORIAL HOSPITAL PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WELLMONT HAWKINS COUNTY MEMORIAL HOSPITAL PENSION 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