Retirement plan

PETALUMA HEALTH CENTER 401(K) PLAN & TRUST

Name: PETALUMA HEALTH CENTER - PETALUMA HEALTH CENTER 401(K) PLAN & TRUST (2016) Form 5500
Creator: PETALUMA HEALTH CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PETALUMA HEALTH CENTER 401(K) PLAN & TRUST, PETALUMA HEALTH CENTER

PETALUMA HEALTH CENTEREIN 68-0437840Plan #002PY 2016

1179 NORTH MCDOWELL - PETALUMA, CA 94954707-559-7571phealthcenter.orgLinkedIn501-1000 employeeshospital & health care

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.7M

+16.1% from 2015

Total participants

436

+12.1% from 2015

Average account balance

$30,652

+4.7% from 2015

Annual return

6.92%

+6.09 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.96M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

672

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.

84.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+15.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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
NH HICKS1 year Service code 13 · EIN 68-0393767	Contract Administrator	$20,948
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES INC. Service code 55 400 S EL CAMINO REAL, SUITE 900 · SAN MATEO, CA 944021707	Other Commissions	$13,919

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$18K

$52 / participant

Investment mgmt$1K8.2%
Contract admin$16K91.8%

% of EOY assets

0.182%

all-in expense ratio

Categories reported

2 / 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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,652

$36,916-17.0%

$156,551-80.4%

$57,658-46.8%

Participation rate

63.9%

63.4%+0.4pp

84.0%-20.1pp

70.2%-6.3pp

Annual return

6.92%

12.38%-5.5pp

32.23%-25.3pp

5.13%+1.8pp

Employer contribution / active EE

$1,749

$1,571+11.4%

$5,501-68.2%

$1,974-11.4%

Participant deferral / active EE

$2,575

$1,926+33.7%

$4,871-47.1%

$3,061-15.9%

Admin fee / account holder

$56

$82-32.5%

$13,028-99.6%

$95-41.1%

Provider

Service type

Compensation

NH HICKS1 year

Service code 13 · EIN 68-0393767

Contract Administrator

$20,948

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES INC.

Service code 55

400 S EL CAMINO REAL, SUITE 900 · SAN MATEO, CA 944021707

Other Commissions

$13,919

PETALUMA HEALTH CENTER 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETALUMA HEALTH CENTER 401(K) PLAN & TRUST

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