Retirement plan

MOSES LAKE COMMUNITY HEALTH CENTER 401(K) PLAN

Name: MOSES LAKE COMMUNITY HEALTH CENTER - MOSES LAKE COMMUNITY HEALTH CENTER 401(K) PLAN (2016) Form 5500
Creator: MOSES LAKE COMMUNITY HEALTH CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOSES LAKE COMMUNITY HEALTH CENTER 401(K) PLAN, MOSES LAKE COMMUNITY HEALTH CENTER

MOSES LAKE COMMUNITY HEALTH CENTEREIN 91-1537371Plan #002PY 2016

605 COOLIDGE DR - MOSES LAKE, WA 98837509-765-0674mlchc.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$10M

+19.3% from 2015

Total participants

392

+6.2% from 2015

Average account balance

$33,350

+18.1% from 2015

Annual return

7.85%

+9.79 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.03M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

314

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.

68.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.24M

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

+13.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$313

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
TRAUTMANN MAHER & ASSOCIATES2+ years Service code 15 15130 MAIN STREET · MILL CREEK, WA 98012	Recordkeeping	$28,550
WOODBURY FINANCIAL SERVICES2+ years Service code 26 818 WEST RIVERSIDE · SPOKANE, WA 99201	Advisory (Participants)	$16,500

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$48K

$160 / participant

Investment mgmt$20K40.7%
Other / not subdivided$29K59.3%

% of EOY assets

0.481%

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: CLARK NUBER PS
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,350

$36,916-9.7%

$156,551-78.7%

$57,658-42.2%

Participation rate

69.3%

63.4%+5.9pp

84.0%-14.7pp

70.2%-0.9pp

Annual return

7.85%

12.38%-4.5pp

32.23%-24.4pp

5.13%+2.7pp

Employer contribution / active EE

$1,379

$1,571-12.2%

$5,501-74.9%

$1,974-30.1%

Participant deferral / active EE

$2,628

$1,926+36.5%

$4,871-46.0%

$3,061-14.1%

Admin fee / account holder

$160

$82+94.5%

$13,028-98.8%

$95+69.7%

Provider

Service type

Compensation

TRAUTMANN MAHER & ASSOCIATES2+ years

Service code 15

15130 MAIN STREET · MILL CREEK, WA 98012

Recordkeeping

$28,550

WOODBURY FINANCIAL SERVICES2+ years

Service code 26

818 WEST RIVERSIDE · SPOKANE, WA 99201

Advisory (Participants)

$16,500

MOSES LAKE COMMUNITY HEALTH CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOSES LAKE COMMUNITY HEALTH CENTER 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