Retirement plan

BLOODWORKS NORTHWEST MONEY PURCHASE PENSION PLAN

Name: BLOODWORKS NORTHWEST - BLOODWORKS NORTHWEST MONEY PURCHASE PENSION PLAN (2020) Form 5500
Creator: BLOODWORKS NORTHWEST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLOODWORKS NORTHWEST MONEY PURCHASE PENSION PLAN, BLOODWORKS NORTHWEST

BLOODWORKS NORTHWESTEIN 91-1019655Plan #003PY 2020

921 TERRY AVENUE - SEATTLE, WA 981041239206-689-6662bloodworksnw.orgLinkedIn501-1000 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$96.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$107.5M

+8.2% from 2019

Total participants

2,025

+1.5% from 2019

Average account balance

$53,345

+6.6% from 2019

Annual return

12.77%

-4.96 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$139.89M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

2,108

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.25M

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

+14.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MERCER2 years Filed as: MERCER INVESTMENTS LLC Service code 28 · EIN 30-0282430	Investment Management	$19,750
RBC WEALTH MANAGEMENT1 year Filed as: RBC CAPITAL MARKETS LLC Service code 28 · EIN 41-1416330	Investment Management	$15,000
TIAA1 year Filed as: TIAA TEACHERS INSURANCE AND ANNUITY Service code 15 · EIN 13-1624203	Recordkeeping	$1,944

Plan features & details

Pension benefit codes2A2C2F2G2R2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$37K

$46 / participant

Investment mgmt$35K94.7%
Other / not subdivided$2K5.3%

% of EOY assets

0.034%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

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

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,345

$52,293+2.0%

$178,490-70.1%

$73,409-27.3%

Participation rate

98.9%

65.3%+33.5pp

81.9%+16.9pp

72.2%+26.7pp

Annual return

12.77%

34.75%-22.0pp

151.07%-138.3pp

59.29%-46.5pp

Employer contribution / active EE

$3,901

$1,735+124.8%

$5,011-22.1%

$2,234+74.7%

Participant deferral / active EE

$2,332-100.0%

$5,202-100.0%

$3,805-100.0%

Admin fee / account holder

$18

$127-85.7%

$13,984-99.9%

$158-88.5%

Provider

Service type

Compensation

MERCER2 years

Filed as: MERCER INVESTMENTS LLC

Service code 28 · EIN 30-0282430

Investment Management

$19,750

RBC WEALTH MANAGEMENT1 year

Filed as: RBC CAPITAL MARKETS LLC

Service code 28 · EIN 41-1416330

Investment Management

$15,000

TIAA1 year

Filed as: TIAA TEACHERS INSURANCE AND ANNUITY

Service code 15 · EIN 13-1624203

Recordkeeping

$1,944

BLOODWORKS NORTHWEST MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLOODWORKS NORTHWEST MONEY PURCHASE PENSION 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