Retirement plan

BRADLEY COUNTY MEDICAL CENTER (TE) RETIREMENT PLAN

Name: BRADLEY COUNTY MEDICAL CENTER - BRADLEY COUNTY MEDICAL CENTER (TE) RETIREMENT PLAN (2020) Form 5500
Creator: BRADLEY COUNTY MEDICAL CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRADLEY COUNTY MEDICAL CENTER (TE) RETIREMENT PLAN, BRADLEY COUNTY MEDICAL CENTER

BRADLEY COUNTY MEDICAL CENTEREIN 71-0797499Plan #002PY 2020

404 SOUTH BRADLEY STREET - WARREN, AR 71671870-226-3731bradleycountymedicalcenter.comLinkedIn201-500 employeeshospital & health care

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.2M

+5.9% from 2019

Total participants

281

+31.3% from 2019

Average account balance

$35,256

+4.7% from 2019

Annual return

12.52%

-5.51 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.60M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

136

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.

72.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$572K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+7.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$282

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
HAGAN NEWKIRK FINANCIAL SERVICES4 years Service code 27 6325 RANCH DRIVE · LITTLE ROCK, AR 72223	Advisory (Plan)	$15,357
NEWPORT GROUP, INC.4 years Service code 15 · EIN 27-2037969	Recordkeeping	$15,349

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$34K

$150 / participant

Investment mgmt$15K45.8%
Contract admin$15K45.8%
Other / not subdivided$3K8.4%

% of EOY assets

0.543%

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: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,256

$58,895-40.1%

$178,503-80.2%

$73,497-52.0%

Participation rate

52.7%

66.2%-13.5pp

81.9%-29.3pp

70.7%-18.0pp

Annual return

12.52%

24.86%-12.3pp

151.12%-138.6pp

28.51%-16.0pp

Employer contribution / active EE

$935

$2,236-58.2%

$5,011-81.3%

$2,270-58.8%

Participant deferral / active EE

$1,318

$2,567-48.6%

$5,202-74.7%

$3,740-64.8%

Admin fee / account holder

$192

$400-52.2%

$13,987-98.6%

$513-62.7%

Provider

Service type

Compensation

HAGAN NEWKIRK FINANCIAL SERVICES4 years

Service code 27

6325 RANCH DRIVE · LITTLE ROCK, AR 72223

Advisory (Plan)

$15,357

NEWPORT GROUP, INC.4 years

Service code 15 · EIN 27-2037969

Recordkeeping

$15,349

BRADLEY COUNTY MEDICAL CENTER (TE) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRADLEY COUNTY MEDICAL CENTER (TE) RETIREMENT 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