Retirement plan

MADISON VALLEY MEDICAL CENTER RETIREMENT PLAN

Name: MADISON VALLEY HOSPITAL ASSOCIATION DBA MADISON VALLEY MEDICAL CENTER - MADISON VALLEY MEDICAL CENTER RETIREMENT PLAN (2024) Form 5500
Creator: MADISON VALLEY HOSPITAL ASSOCIATION DBA MADISON VALLEY MEDICAL CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MADISON VALLEY MEDICAL CENTER RETIREMENT PLAN, MADISON VALLEY HOSPITAL ASSOCIATION DBA MADISON VALLEY MEDICAL CENTER

MADISON VALLEY HOSPITAL ASSOCIATION DBA MADISON VALLEY MEDICAL CENTEREIN 81-0236460Plan #002PY 2024

12 LARIAT LOOP - BOZEMAN, MT 59715406-682-6615

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.3M

+69.6% from 2022

Total participants

119

+19.0% from 2022

Average account balance

$37,678

+47.4% from 2022

Annual return

11.99%

+31.89 pp from 2022

Benchmarks

See 21,691 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,691 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.33M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

115

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.

155.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$685K

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

+11.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1045

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 codes2E2J2F2G3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$120K

$1625 / participant

Other / not subdivided$120K100.0%

% of EOY assets

2.775%

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

$37,678

$81,358-53.7%

$155,556-75.8%

$80,959-53.5%

Participation rate

94.6%

66.3%+28.3pp

78.2%+16.4pp

67.7%+26.9pp

Annual return

11.99%

33.39%-21.4pp

64.84%-52.9pp

35.67%-23.7pp

Employer contribution / active EE

$2,372

$3,106-23.6%

$4,675-49.3%

$2,757-14.0%

Participant deferral / active EE

$6,891

$3,455+99.4%

$5,631+22.4%

$4,300+60.2%

Admin fee / account holder

$1,045

$7,994-86.9%

$15,885-93.4%

$6,925-84.9%

MADISON VALLEY MEDICAL CENTER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MADISON VALLEY MEDICAL CENTER 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