Retirement plan

SEIU HEALTHCARE 1199NW 401(K) PLAN

Name: SEIU HEALTHCARE 1199NW - SEIU HEALTHCARE 1199NW 401(K) PLAN (2022) Form 5500
Creator: SEIU HEALTHCARE 1199NW
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEIU HEALTHCARE 1199NW 401(K) PLAN, SEIU HEALTHCARE 1199NW

SEIU HEALTHCARE 1199NWEIN 91-1275780Plan #001PY 2022

19823 58TH PL S STE. 200 - KENT, WA 98032425-917-1199

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.5M

-12.4% from 2021

Total participants

176

+11.4% from 2021

Average account balance

$70,857

-16.0% from 2021

Annual return

-16.49%

-31.12 pp from 2021

Benchmarks

See 1,742 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,742 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.03M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

149

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.

74.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$113

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
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$15,276
ADP BROKER-DEALER4 years Service code 59 · EIN 22-3319984	Shareholder Servicing	$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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$15K

$124 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.146%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,857

$51,226+38.3%

$82,744-14.4%

$66,938+5.9%

Participation rate

77.2%

67.9%+9.3pp

72.6%+4.7pp

69.8%+7.4pp

Annual return

-16.49%

-9.61%-6.9pp

702.22%-718.7pp

1.58%-18.1pp

Employer contribution / active EE

$4,765

$2,612+82.4%

$3,008+58.4%

$2,545+87.2%

Participant deferral / active EE

$5,030

$3,460+45.4%

$4,395+14.5%

$4,238+18.7%

Admin fee / account holder

$103

$416-75.2%

$5,325-98.1%

$594-82.6%

Provider

Service type

Compensation

ADP BROKER-DEALER3 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$15,276

ADP BROKER-DEALER4 years

Service code 59 · EIN 22-3319984

Shareholder Servicing

SEIU HEALTHCARE 1199NW 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEIU HEALTHCARE 1199NW 401(K) 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