Retirement plan

SOUTHWEST LOUISIANA HOSPITAL ASSOCIATION DBA LAKE CHARLES MEMORIAL HOSPITAL RETIREMENT PLAN

Name: SOUTHWEST LOUISIANA HOSPITAL ASSOCIATION - SOUTHWEST LOUISIANA HOSPITAL ASSOCIATION DBA LAKE CHARLES MEMORIAL HOSPITAL RETIREMENT PLAN (2015) Form 5500
Creator: SOUTHWEST LOUISIANA HOSPITAL ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST LOUISIANA HOSPITAL ASSOCIATION DBA LAKE CHARLES MEMORIAL HOSPITAL RETIREMENT PLAN, SOUTHWEST LOUISIANA HOSPITAL ASSOCIATION

SOUTHWEST LOUISIANA HOSPITAL ASSOCIATIONdba LAKE CHARLES MEMORIAL HOSPITALEIN 72-0551963Plan #002PY 2015

1701 OAK PARK BLVD - LAKE CHARLES, LA 70601337-494-3257LinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$34.0M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$30M

No prior year

Total participants

2,500

No prior year

Average account balance

$13,518

No prior year

Annual return

-0.43%

No prior year

Benchmarks

See 1,197 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,197 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.73M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

2,257

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.

89.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.58M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44

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
AMERICAN UNITED LIFE INSURANCE CO1+ years Service code 15 · EIN 35-0145825	Recordkeeping	$36,103
RT JONES CAPITAL EQUITIES MGMT INC1+ years Service code 26 · EIN 20-1090152	Advisory (Participants)	$17,338

Plan features & details

Pension benefit codes2E2F2G2K2T3H

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.
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.
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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$28K

$15 / participant

Contract admin$28K100.0%

% of EOY assets

0.094%

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: POSTLETHWAITE & NETTERVILLE, APAC
Auditor EIN: 721202445
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,518

$37,039-63.5%

$147,617-90.8%

$59,188-77.2%

Participation rate

85.6%

63.8%+21.8pp

84.6%+1.0pp

69.4%+16.2pp

Annual return

-0.43%

7.19%-7.6pp

61.98%-62.4pp

5.51%-5.9pp

Employer contribution / active EE

$1,015

$1,353-25.0%

$5,564-81.8%

$2,098-51.6%

Participant deferral / active EE

$2,094-100.0%

$4,895-100.0%

$3,265-100.0%

Admin fee / account holder

$13

$60-78.8%

$11,612-99.9%

$92-86.2%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO1+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$36,103

RT JONES CAPITAL EQUITIES MGMT INC1+ years

Service code 26 · EIN 20-1090152

Advisory (Participants)

$17,338

SOUTHWEST LOUISIANA HOSPITAL ASSOCIATION DBA LAKE CHARLES MEMORIAL HOSPITAL RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST LOUISIANA HOSPITAL ASSOCIATION DBA LAKE CHARLES MEMORIAL HOSPITAL 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