Retirement plan

SOUTH LYON MEDICAL CENTER TAX DEFERRED ANNUITY PLAN

Name: SOUTH LYON MEDICAL CENTER, INC. - SOUTH LYON MEDICAL CENTER TAX DEFERRED ANNUITY PLAN (2017) Form 5500
Creator: SOUTH LYON MEDICAL CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTH LYON MEDICAL CENTER TAX DEFERRED ANNUITY PLAN, SOUTH LYON MEDICAL CENTER, INC.

SOUTH LYON MEDICAL CENTER, INC.EIN 88-0256932Plan #001PY 2017

PO BOX 940 - YERINGTON, NV 894470940775-463-6405

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$3.6M

+13.2% from 2016

Total participants

231

+3.6% from 2016

Average account balance

$18,867

+3.1% from 2016

Annual return

14.95%

+9.16 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.09M

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.

178

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.

85.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$580K

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

+11.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$43

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 1 by compensation

Provider	Service type	Compensation
CMFG LIFE INSURANCE COMPANY1 year Service code 15 · EIN 39-0230590	Recordkeeping	$21,373

Plan features & details

Pension benefit codes2T2F2G2M2L3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$21K

$117 / participant

Contract admin$21K100.0%

% of EOY assets

0.596%

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: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,867

$55,453-66.0%

$170,435-88.9%

$62,293-69.7%

Participation rate

77.6%

66.4%+11.2pp

83.6%-6.0pp

69.5%+8.1pp

Annual return

14.95%

21.38%-6.4pp

205.94%-191.0pp

28.90%-13.9pp

Employer contribution / active EE

$493

$2,164-77.2%

$5,432-90.9%

$2,042-75.9%

Participant deferral / active EE

$1,231

$2,303-46.6%

$4,939-75.1%

$3,169-61.2%

Admin fee / account holder

$112

$455-75.3%

$13,881-99.2%

$479-76.5%

Provider

Service type

Compensation

CMFG LIFE INSURANCE COMPANY1 year

Service code 15 · EIN 39-0230590

Recordkeeping

$21,373

SOUTH LYON MEDICAL CENTER TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTH LYON MEDICAL CENTER TAX DEFERRED ANNUITY 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