Retirement plan

HOSPITAL CENTRAL SERVICES ASSOCIATION 401(K) PROFIT SHARING PLAN

Name: HOSPITAL CENTRAL SERVICES ASSOCIATION - HOSPITAL CENTRAL SERVICES ASSOCIATION 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: HOSPITAL CENTRAL SERVICES ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOSPITAL CENTRAL SERVICES ASSOCIATION 401(K) PROFIT SHARING PLAN, HOSPITAL CENTRAL SERVICES ASSOCIATION

HOSPITAL CENTRAL SERVICES ASSOCIATIONEIN 91-0818155Plan #001PY 2018

1600 M ST NW - AUBURN, WA 980014218253-804-5302hcsalaundry.comLinkedIn201-500 employeeshealth, wellness and fitness

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$8.9M

-4.5% from 2017

Total participants

324

+7.3% from 2017

Average account balance

$28,193

-13.5% from 2017

Annual return

-3.83%

-24.74 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.08M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

367

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.

83.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.11M

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

+9.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$90

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 2 by compensation

Provider	Service type	Compensation
CPI QUALIFIED PLAN CONSULTANTS, INC3 years Filed as: CPI QUALIFIED PLAN CONSULTANTS Service code 15 · EIN 48-1205033	Recordkeeping	$26,561
CPI QUALIFIED PLAN CONSULTANTS, INC1 year Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$27K

$136 / participant

Contract admin$27K100.0%

% of EOY assets

0.298%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,193

$44,873-37.2%

$79,476-64.5%

$56,287-49.9%

Participation rate

95.9%

68.7%+27.2pp

73.3%+22.6pp

69.9%+26.1pp

Annual return

-3.83%

0.81%-4.6pp

718.21%-722.0pp

-9.96%+6.1pp

Employer contribution / active EE

$1,774

$2,140-17.1%

$2,800-36.7%

$2,111-16.0%

Participant deferral / active EE

$1,513

$2,746-44.9%

$3,704-59.2%

$3,350-54.8%

Admin fee / account holder

$84

$418-79.9%

$5,113-98.4%

$521-83.9%

Provider

Service type

Compensation

CPI QUALIFIED PLAN CONSULTANTS, INC3 years

Filed as: CPI QUALIFIED PLAN CONSULTANTS

Service code 15 · EIN 48-1205033

Recordkeeping

$26,561

CPI QUALIFIED PLAN CONSULTANTS, INC1 year

Service code 60

Sub-TA Fees

HOSPITAL CENTRAL SERVICES ASSOCIATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOSPITAL CENTRAL SERVICES ASSOCIATION 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