Retirement plan

GLOBAL HEALTHCARE EXCHANGE 401(K) AND DEFINED CONTRIBUTION PLAN

Name: GLOBAL HEALTHCARE EXCHANGE, INC. - GLOBAL HEALTHCARE EXCHANGE 401(K) AND DEFINED CONTRIBUTION PLAN (2024) Form 5500
Creator: GLOBAL HEALTHCARE EXCHANGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBAL HEALTHCARE EXCHANGE 401(K) AND DEFINED CONTRIBUTION PLAN, GLOBAL HEALTHCARE EXCHANGE, INC.

GLOBAL HEALTHCARE EXCHANGE, INC.EIN 84-1502378Plan #001PY 2024

1315 W CENTURY DR, STE 100 - LOUISVILLE, CO 80027720-887-7000

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$161.7M

+17.2% from 2023

Total participants

1,374

+4.2% from 2023

Average account balance

$140,331

+17.9% from 2023

Annual return

15.90%

-3.97 pp from 2023

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$161.66M

Not enough data

1 years with asset history on file

Average account balance

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

$140K

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.

1,152

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.

78.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$209

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 5 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$97,043
IMA WEALTH INC1 year Filed as: WEALTH INC Service code 27 · EIN 48-1233289	Advisory (Plan)	$62,500
STRATEGIC ADVISORS, INC.9 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$35,618
RSM US LLP10+ years Filed as: MCGLADREY Service code 10 · EIN 42-0714325	Accounting	$31,238
CLIFTONLARSONALLEN LLP1 year Service code 10 · EIN 41-0746749	Accounting	$18,106

Plan features & details

Pension benefit codes2E2F2G2J2T3H3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$241K

$231 / participant

Recordkeeping$93K38.8%
Investment mgmt$98K40.7%
Other / not subdivided$49K20.5%

% of EOY assets

0.149%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARENSENALLEN LLP
Auditor EIN: 410746749
Audit fees: $49,343
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$140,331

$122,128+14.9%

$147,080-4.6%

$199,960-29.8%

Participation rate

78.7%

78.2%+0.5pp

82.2%-3.5pp

72.0%+6.7pp

Annual return

15.90%

30.58%-14.7pp

420.17%-404.3pp

34.28%-18.4pp

Employer contribution / active EE

$4,380

$4,093+7.0%

$4,933-11.2%

$3,036+44.3%

Participant deferral / active EE

$10,075

$8,484+18.8%

$8,066+24.9%

$5,087+98.1%

Admin fee / account holder

$209

$180+16.4%

$12,989-98.4%

$269-22.4%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$97,043

IMA WEALTH INC1 year

Filed as: WEALTH INC

Service code 27 · EIN 48-1233289

Advisory (Plan)

$62,500

STRATEGIC ADVISORS, INC.9 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$35,618

RSM US LLP10+ years

Filed as: MCGLADREY

Service code 10 · EIN 42-0714325

Accounting

$31,238

CLIFTONLARSONALLEN LLP1 year

Service code 10 · EIN 41-0746749

Accounting

$18,106

GLOBAL HEALTHCARE EXCHANGE 401(K) AND DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBAL HEALTHCARE EXCHANGE 401(K) AND DEFINED CONTRIBUTION 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