Retirement plan

NORTHWEST COLORADO HEALTH RETIREMENT PLAN

Name: NORTHWEST COLORADO VISTING NURSE ASSOCIATION - NORTHWEST COLORADO HEALTH RETIREMENT PLAN (2020) Form 5500
Creator: NORTHWEST COLORADO VISTING NURSE ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHWEST COLORADO HEALTH RETIREMENT PLAN, NORTHWEST COLORADO VISTING NURSE ASSOCIATION

NORTHWEST COLORADO VISTING NURSE ASSOCIATIONdba NORTHWEST COLORADO HEALTHEIN 84-0564998Plan #001PY 2020

940 CENTRAL PARK DRIVE, SUITE 101 - STEAMBOAT SPRINGS, CO 80487970-871-7635LinkedIn11-50 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.5M

+13.1% from 2019

Total participants

291

-9.9% from 2019

Average account balance

$23,285

+15.0% from 2019

Annual return

14.03%

-5.05 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.70M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

264

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.

69.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$623K

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

+12.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$220

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
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$37,988
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY INS SERVICES INC Service code 53 · EIN 51-0116113	Insurance Commissions	$13,917
GOLDLEAF PARTNERS2 years Filed as: GOLDLEAF PARTNERS, INC. Service code 13 · EIN 45-0514557	Contract Administrator	$0

Plan features & details

Pension benefit codes2E3H2J2K2L2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

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

$42K

$242 / participant

Contract admin$42K100.0%

% of EOY assets

0.757%

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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,285

$58,888-60.5%

$178,499-87.0%

$73,493-68.3%

Participation rate

68.0%

66.2%+1.8pp

81.9%-13.9pp

70.7%-2.7pp

Annual return

14.03%

24.86%-10.8pp

151.10%-137.1pp

28.51%-14.5pp

Employer contribution / active EE

$1,249

$2,236-44.1%

$5,011-75.1%

$2,270-45.0%

Participant deferral / active EE

$2,306

$2,568-10.2%

$5,202-55.7%

$3,740-38.3%

Admin fee / account holder

$176

$400-55.9%

$13,986-98.7%

$513-65.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$37,988

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY INS SERVICES INC

Service code 53 · EIN 51-0116113

Insurance Commissions

$13,917

GOLDLEAF PARTNERS2 years

Filed as: GOLDLEAF PARTNERS, INC.

Service code 13 · EIN 45-0514557

Contract Administrator

NORTHWEST COLORADO HEALTH RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHWEST COLORADO HEALTH 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