Retirement plan

MARCUS DALY MEMORIAL HOSPITAL 401(K) PROFIT SHARING PLAN

Name: MARCUS DALY MEMORIAL HOSPITAL CORPORATION - MARCUS DALY MEMORIAL HOSPITAL 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MARCUS DALY MEMORIAL HOSPITAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARCUS DALY MEMORIAL HOSPITAL 401(K) PROFIT SHARING PLAN, MARCUS DALY MEMORIAL HOSPITAL CORPORATION

MARCUS DALY MEMORIAL HOSPITAL CORPORATIONEIN 81-0240726Plan #001PY 2017

1200 WESTWOOD DRIVE - HAMILTON, MT 598402345406-363-2211mdmh.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16.4M

+31.5% from 2016

Total participants

482

-15.3% from 2016

Average account balance

$41,744

+33.2% from 2016

Annual return

30.96%

+26.21 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.75M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

914

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.26M

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

+14.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23

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 3 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$31,540
INVESTMENT CENTERS OF AMERICA1 year Filed as: INVESTMENT CENTERS OF AMERICA, INC Service code 27 · EIN 45-0389744	Advisory (Plan)	$11,302
WILSHIRE ASSOCIATES INCORPORATED1 year Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$83K

$188 / participant

Contract admin$83K100.0%

% of EOY assets

0.507%

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: CLIFTON LARSON ALLEN
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,744

$46,173-9.6%

$170,435-75.5%

$69,631-40.1%

Participation rate

79.9%

63.9%+16.0pp

83.6%-3.7pp

70.7%+9.2pp

Annual return

30.96%

21.62%+9.3pp

205.94%-175.0pp

27571.02%-27540.1pp

Employer contribution / active EE

$2,553

$1,610+58.6%

$5,432-53.0%

$2,032+25.6%

Participant deferral / active EE

$1,737

$2,080-16.5%

$4,939-64.8%

$3,224-46.1%

Admin fee / account holder

$212

$116+82.6%

$13,881-98.5%

$110+91.7%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$31,540

INVESTMENT CENTERS OF AMERICA1 year

Filed as: INVESTMENT CENTERS OF AMERICA, INC

Service code 27 · EIN 45-0389744

Advisory (Plan)

$11,302

WILSHIRE ASSOCIATES INCORPORATED1 year

Service code 27 · EIN 95-2755361

Advisory (Plan)

MARCUS DALY MEMORIAL HOSPITAL 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARCUS DALY MEMORIAL HOSPITAL 401(K) PROFIT SHARING 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