Retirement plan

COWLITZ FAMILY HEALTH CENTER 403(B) PLAN

Name: COWLITZ FAMILY HEALTH CENTER - COWLITZ FAMILY HEALTH CENTER 403(B) PLAN (2021) Form 5500
Creator: COWLITZ FAMILY HEALTH CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COWLITZ FAMILY HEALTH CENTER 403(B) PLAN, COWLITZ FAMILY HEALTH CENTER

COWLITZ FAMILY HEALTH CENTEREIN 91-0896241Plan #001PY 2021

1057 12TH AVE - LONGVIEW, WA 98632360-353-3256cowlitzfamilyhealth.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.5M

+4.7% from 2020

Total participants

210

-6.7% from 2020

Average account balance

$28,473

+21.3% from 2020

Annual return

13.18%

-3.37 pp from 2020

Benchmarks

See 5,351 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,351 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.86M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

200

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.

69.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$146

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
MASSACHUSETTS MUTUAL LIFE INS. CO.5 years Filed as: MASS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$19,030
LPL FINANCIAL5 years Filed as: LPL FINANCIAL CORP Service code 53 · EIN 95-2834236	Insurance Commissions	$10,423
HUNNEX AND SHOEMAKER, INC.5 years Filed as: HUNNEX AND SHOEMAKER INC Service code 13 · EIN 91-1072394	Contract Administrator	$3,461

Plan features & details

Pension benefit codes2J2K2L3D2F2G

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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$21K

$119 / participant

Contract admin$21K100.0%

% of EOY assets

0.467%

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: HOFFMAN STEWART & SCHMIDT PC
Auditor EIN: 930743240
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,473

$61,166-53.5%

$185,849-84.7%

$79,391-64.1%

Participation rate

70.5%

66.6%+3.8pp

81.7%-11.3pp

70.7%-0.3pp

Annual return

13.18%

19.45%-6.3pp

122.10%-108.9pp

116.88%-103.7pp

Employer contribution / active EE

$1,032

$2,321-55.5%

$5,169-80.0%

$2,428-57.5%

Participant deferral / active EE

$3,325

$2,789+19.2%

$5,569-40.3%

$4,046-17.8%

Admin fee / account holder

$133

$710-81.3%

$16,244-99.2%

$627-78.8%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5 years

Filed as: MASS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$19,030

LPL FINANCIAL5 years

Filed as: LPL FINANCIAL CORP

Service code 53 · EIN 95-2834236

Insurance Commissions

$10,423

HUNNEX AND SHOEMAKER, INC.5 years

Filed as: HUNNEX AND SHOEMAKER INC

Service code 13 · EIN 91-1072394

Contract Administrator

$3,461

COWLITZ FAMILY HEALTH CENTER 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COWLITZ FAMILY HEALTH CENTER 403(B) 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