Retirement plan

MOAB VALLEY HEALTHCARE, INC. RETIREMENT PLAN

Name: MOAB VALLEY HEALTHCARE, INC. - MOAB VALLEY HEALTHCARE, INC. RETIREMENT PLAN (2015) Form 5500
Creator: MOAB VALLEY HEALTHCARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOAB VALLEY HEALTHCARE, INC. RETIREMENT PLAN, MOAB VALLEY HEALTHCARE, INC.

MOAB VALLEY HEALTHCARE, INC.EIN 87-0543342Plan #002PY 2015

450 WEST WILLIAMS WAY, P. O. BOX 998 - MOAB, UT 84532435-719-3500

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed February 5, 2018

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Total assets (EOY)

$6M

No prior year

Total participants

264

No prior year

Average account balance

$26,579

No prior year

Annual return

-2.40%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.88M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

405

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.

98.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$263

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 2 by compensation

Provider	Service type	Compensation
SOLTIS INVESTMENT ADVISORS1+ years Filed as: SOLTIS INVESTMENT ADVISORS, INC. Service code 27 · EIN 87-0506413	Advisory (Plan)	$32,919
NEWPORT GROUP, INC.1+ years Filed as: NEWPORT RETIREMENT SERVICES, INC. Service code 12 · EIN 62-1868111	Claims processing; Sub-transfer agenc...	$21,362

Plan features & details

Pension benefit codes2K2F2G2T

Plan features

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.
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.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$37K

$211 / participant

Investment mgmt$33K88.5%
Contract admin$4K9.9%
Other / not subdivided$5861.6%

% of EOY assets

0.619%

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,579

$46,360-42.7%

$147,617-82.0%

$52,331-49.2%

Participation rate

78.4%

64.9%+13.5pp

84.6%-6.2pp

68.1%+10.3pp

Annual return

-2.40%

1.62%-4.0pp

61.98%-64.4pp

4.54%-6.9pp

Employer contribution / active EE

$1,184

$2,126-44.3%

$5,565-78.7%

$1,882-37.1%

Participant deferral / active EE

$2,741

$2,258+21.4%

$4,895-44.0%

$3,022-9.3%

Admin fee / account holder

$165

$766-78.5%

$11,611-98.6%

$592-72.2%

Provider

Service type

Compensation

SOLTIS INVESTMENT ADVISORS1+ years

Filed as: SOLTIS INVESTMENT ADVISORS, INC.

Service code 27 · EIN 87-0506413

Advisory (Plan)

$32,919

NEWPORT GROUP, INC.1+ years

Filed as: NEWPORT RETIREMENT SERVICES, INC.

Service code 12 · EIN 62-1868111

Claims processing; Sub-transfer agenc...

$21,362

MOAB VALLEY HEALTHCARE, INC. RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOAB VALLEY HEALTHCARE, INC. RETIREMENT PLAN

Top hat statement on fileNQDC

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