Retirement plan

HEALTHPOINT 401(K) RETIREMENT PLAN

Name: HEALTHPOINT - HEALTHPOINT 401(K) RETIREMENT PLAN (2015) Form 5500
Creator: HEALTHPOINT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEALTHPOINT 401(K) RETIREMENT PLAN, HEALTHPOINT

HEALTHPOINTEIN 91-0884412Plan #001PY 2015

955 POWELL AVENUE SW - RENTON, WA 98057425-277-1311healthpointbio.comLinkedIn201-500 employeesbiotechnology

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$11M

No prior year

Total participants

716

No prior year

Average account balance

$20,156

No prior year

Annual return

-2.96%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.60M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

1,123

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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
BAC CAPITAL ADVISORS, LLC1+ years Service code 26 · EIN 91-1999591	Advisory (Participants)	$30,192
BENEFIT ADMINISTRATION, INC.1+ years Filed as: BENEFIT ADMINISTRATION COMPANY, LLC Service code 13 · EIN 91-1999591	Contract Administrator	$24,444
NATIONAL FINANCIAL SERVICES1+ years Filed as: NATIONAL FINANCIAL SERVICES, INC Service code 19 · EIN 04-3523567	Securities Custodian	$8,551

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$63K

$97 / participant

Investment mgmt$39K61.3%
Contract admin$24K38.7%

% of EOY assets

0.574%

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: CLIFTON LARSON ALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,156

$37,117-45.7%

$147,617-86.3%

$55,191-63.5%

Participation rate

73.9%

63.6%+10.3pp

84.6%-10.7pp

69.2%+4.8pp

Annual return

-2.96%

3.44%-6.4pp

61.98%-64.9pp

10.78%-13.7pp

Employer contribution / active EE

$653

$1,620-59.7%

$5,564-88.3%

$1,899-65.6%

Participant deferral / active EE

$3,292

$1,985+65.8%

$4,895-32.8%

$3,046+8.1%

Admin fee / account holder

$116

$86+35.2%

$11,612-99.0%

$91+27.5%

Provider

Service type

Compensation

BAC CAPITAL ADVISORS, LLC1+ years

Service code 26 · EIN 91-1999591

Advisory (Participants)

$30,192

BENEFIT ADMINISTRATION, INC.1+ years

Filed as: BENEFIT ADMINISTRATION COMPANY, LLC

Service code 13 · EIN 91-1999591

Contract Administrator

$24,444

NATIONAL FINANCIAL SERVICES1+ years

Filed as: NATIONAL FINANCIAL SERVICES, INC

Service code 19 · EIN 04-3523567

Securities Custodian

$8,551

HEALTHPOINT 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEALTHPOINT 401(K) 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