Retirement plan

401 (K) PROFIT SHARING PLAN FOR EMPLOYEES OF KELL WEST REGIONAL HOSPITAL LLC

Name: KELL WEST REGIONAL HOSPITAL LLC - 401 (K) PROFIT SHARING PLAN FOR EMPLOYEES OF KELL WEST REGIONAL HOSPITAL LLC (2017) Form 5500
Creator: KELL WEST REGIONAL HOSPITAL LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401 (K) PROFIT SHARING PLAN FOR EMPLOYEES OF KELL WEST REGIONAL HOSPITAL LLC, KELL WEST REGIONAL HOSPITAL LLC

KELL WEST REGIONAL HOSPITAL LLCEIN 75-2756307Plan #001PY 2017

5420 KELL WEST BLVD - WICHITA FALLS, TX 76310940-692-5888kellwest.comLinkedIn201-500 employeeshospital & health care

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$5.8M

+14.4% from 2016

Total participants

276

-1.1% from 2016

Average account balance

$25,280

+3.4% from 2016

Annual return

12.37%

+5.67 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.99M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$408K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.70%

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP3+ years Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Account maintenance fees; Participant...	$3,391

Plan features & details

Pension benefit codes2F2S2T3D2E2J2K

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).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$7 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.027%

all-in expense ratio

Categories reported

0 / 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: FREEMON, SHAPARD, & STORY
Auditor EIN: 750706311
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,280

$55,453-54.4%

$170,435-85.2%

$62,293-59.4%

Participation rate

79.9%

66.4%+13.5pp

83.6%-3.7pp

69.5%+10.4pp

Annual return

12.37%

21.38%-9.0pp

205.94%-193.6pp

28.90%-16.5pp

Employer contribution / active EE

$604

$2,164-72.1%

$5,432-88.9%

$2,042-70.4%

Participant deferral / active EE

$1,780

$2,303-22.7%

$4,939-64.0%

$3,169-43.8%

Admin fee / account holder

$455-98.5%

$13,881-100.0%

$479-98.6%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP3+ years

Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Account maintenance fees; Participant...

$3,391

401 (K) PROFIT SHARING PLAN FOR EMPLOYEES OF KELL WEST REGIONAL HOSPITAL LLC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401 (K) PROFIT SHARING PLAN FOR EMPLOYEES OF KELL WEST REGIONAL HOSPITAL LLC

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