Retirement plan

COLUMBIA BASIN HEALTH ASSOCIATION 403B PLAN

Name: COLUMBIA BASIN HEALTH ASSOCIATION - COLUMBIA BASIN HEALTH ASSOCIATION 403B PLAN (2017) Form 5500
Creator: COLUMBIA BASIN HEALTH ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLUMBIA BASIN HEALTH ASSOCIATION 403B PLAN, COLUMBIA BASIN HEALTH ASSOCIATION

COLUMBIA BASIN HEALTH ASSOCIATIONEIN 91-0896701Plan #003PY 2017

140 EAST MAIN - OTHELLO, WA 993441040509-488-5256cbha.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.9M

+12.9% from 2016

Total participants

452

+4.1% from 2016

Average account balance

$52,440

+17.5% from 2016

Annual return

13.90%

+8.04 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$45.04M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

612

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.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.91M

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

+22.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$241

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
PETERSEN HASTINGS INVESTMENT MGMT2+ years Service code 26 · EIN 91-6146565 8903 W. QUINAULT AVE. ST 700 · KENNEWICK, WA 99336	Advisory (Participants)	$95,570
RANDALL & HURLEY, INC.2+ years Service code 15 · EIN 91-1661080 601 W. RIVERSIDE, SUITE 1600 · SPOKANE, WA 99201	Recordkeeping	$32,553
TD AMERITRADE, INC.2+ years Filed as: TD AMERITRADE Service code 19 · EIN 20-0937408 717 17TH STREET, SUITE 1700 · DENVER, CO 80202	Securities Custodian	$10,688

Plan features & details

Pension benefit codes2M2T2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$147K

$412 / participant

Investment mgmt$141K96.3%
Other / not subdivided$5K3.7%

% of EOY assets

0.671%

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: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,440

$46,173+13.6%

$170,435-69.2%

$69,631-24.7%

Participation rate

90.2%

63.9%+26.3pp

83.6%+6.6pp

70.7%+19.5pp

Annual return

13.90%

21.62%-7.7pp

205.94%-192.0pp

27571.02%-27557.1pp

Employer contribution / active EE

$3,220

$1,610+100.1%

$5,432-40.7%

$2,032+58.5%

Participant deferral / active EE

$3,161

$2,080+52.0%

$4,939-36.0%

$3,224-1.9%

Admin fee / account holder

$352

$116+203.3%

$13,881-97.5%

$110+218.4%

Provider

Service type

Compensation

PETERSEN HASTINGS INVESTMENT MGMT2+ years

Service code 26 · EIN 91-6146565

8903 W. QUINAULT AVE. ST 700 · KENNEWICK, WA 99336

Advisory (Participants)

$95,570

RANDALL & HURLEY, INC.2+ years

Service code 15 · EIN 91-1661080

601 W. RIVERSIDE, SUITE 1600 · SPOKANE, WA 99201

Recordkeeping

$32,553

TD AMERITRADE, INC.2+ years

Filed as: TD AMERITRADE

Service code 19 · EIN 20-0937408

717 17TH STREET, SUITE 1700 · DENVER, CO 80202

Securities Custodian

$10,688

COLUMBIA BASIN HEALTH ASSOCIATION 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLUMBIA BASIN HEALTH ASSOCIATION 403B 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