Retirement plan

COMMUNITY HEALTH SYSTEMS, INC. RETIREMENT INCOME PLAN

Name: COMMUNITY HEALTH SYSTEMS, INC. - COMMUNITY HEALTH SYSTEMS, INC. RETIREMENT INCOME PLAN (2020) Form 5500
Creator: COMMUNITY HEALTH SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY HEALTH SYSTEMS, INC. RETIREMENT INCOME PLAN, COMMUNITY HEALTH SYSTEMS, INC.

COMMUNITY HEALTH SYSTEMS, INC.EIN 63-0849233Plan #003PY 2020

25819 CANAL ROAD - ORANGE BEACH, AL 365613826251-981-0200

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.5M

+11.5% from 2019

Total participants

+18.2% from 2019

Average account balance

$172,369

-5.6% from 2019

Annual return

10.42%

-6.30 pp from 2019

Benchmarks

See 1,018 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants<25

Cohort1,018 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.46M

Not enough data

1 years with asset history on file

Average account balance

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

$216K

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.

106.7%

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

$6K

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

+9.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63897

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 codes2E2G2J2T3D

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.
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.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$232K

$12195 / participant

Other / not subdivided$232K100.0%

% of EOY assets

5.170%

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

$172,369

$755,339-77.2%

$379,746-54.6%

$158,982+8.4%

Participation rate

100.0%

81.8%+18.2pp

78.4%+21.6pp

82.0%+18.0pp

Annual return

10.42%

53.41%-43.0pp

34.90%-24.5pp

302.99%-292.6pp

Employer contribution / active EE

$7,008

$4,685+49.6%

$3,540+98.0%

$4,763+47.1%

Participant deferral / active EE

$6,707

$7,938-15.5%

$6,024+11.3%

$5,983+12.1%

Admin fee / account holder

$8,912

$14,482-38.5%

$7,927+12.4%

$11,252-20.8%

COMMUNITY HEALTH SYSTEMS, INC. RETIREMENT INCOME PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY HEALTH SYSTEMS, INC. RETIREMENT INCOME 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