Retirement plan

WESTERN WASHINGTON MEDICAL GROUP 401(K) RETIREMENT PLAN AND TRUST

Name: WESTERN WASHINGTON MEDICAL GROUP, INC., P.S. - WESTERN WASHINGTON MEDICAL GROUP 401(K) RETIREMENT PLAN AND TRUST (2016) Form 5500
Creator: WESTERN WASHINGTON MEDICAL GROUP, INC., P.S.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTERN WASHINGTON MEDICAL GROUP 401(K) RETIREMENT PLAN AND TRUST, WESTERN WASHINGTON MEDICAL GROUP, INC., P.S.

WESTERN WASHINGTON MEDICAL GROUP, INC., P.S.EIN 91-1602128Plan #001PY 2016

1728 W. MARINE VIEW DRIVE, STE 110 - EVERETT, WA 98201425-259-4041wwmedgroup.comLinkedIn201-500 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$55.1M

+11.5% from 2015

Total participants

470

+12.4% from 2015

Average account balance

$138,459

+8.7% from 2015

Annual return

7.45%

+2.60 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

$106.05M

Not enough data

1 years with asset history on file

Average account balance

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

$194K

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.

548

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+17.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$298

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 4 by compensation

Provider	Service type	Compensation
TRAUTMANN MAHER & ASSOCIATES2+ years Filed as: TRAUTMANN, MAHER AND ASSOC. Service code 15 · EIN 91-1526584 15130 MAIN STREET · MILL CREEK, WA 98012	Recordkeeping	$50,652
RBC WEALTH MANAGEMENT2+ years Service code 26 · EIN 41-1416330 1918 8TH AVE · SEATTLE, WA 98101	Advisory (Participants)	$43,580
WILMINGTON TRUST2+ years Filed as: WILMINGTON TRUST CO. Service code 21 · EIN 51-0099033 2800 N CENTRAL AVE · PHOENIX, AZ 85004	Bank Trustee	$21,866
CLARK NUBER2+ years Service code 10 · EIN 91-1194016 10900 NE 4TH · BELLEVUE, WA 98004	Accounting	$2,300

Plan features & details

Pension benefit codes2E2G2J2K2F2R2T

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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$118K

$301 / participant

Investment mgmt$44K36.8%
Contract admin$51K42.8%
Other / not subdivided$24K20.4%

% of EOY assets

0.215%

all-in expense ratio

Categories reported

2 / 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 P.S.
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$138,459

$36,916+275.1%

$156,551-11.6%

$57,658+140.1%

Participation rate

81.7%

63.4%+18.3pp

84.0%-2.3pp

70.2%+11.5pp

Annual return

7.45%

12.38%-4.9pp

32.23%-24.8pp

5.13%+2.3pp

Employer contribution / active EE

$6,554

$1,571+317.3%

$5,501+19.1%

$1,974+232.0%

Participant deferral / active EE

$4,734

$1,926+145.8%

$4,871-2.8%

$3,061+54.7%

Admin fee / account holder

$297

$82+260.6%

$13,028-97.7%

$95+214.7%

Provider

Service type

Compensation

TRAUTMANN MAHER & ASSOCIATES2+ years

Filed as: TRAUTMANN, MAHER AND ASSOC.

Service code 15 · EIN 91-1526584

15130 MAIN STREET · MILL CREEK, WA 98012

Recordkeeping

$50,652

RBC WEALTH MANAGEMENT2+ years

Service code 26 · EIN 41-1416330

1918 8TH AVE · SEATTLE, WA 98101

Advisory (Participants)

$43,580

WILMINGTON TRUST2+ years

Filed as: WILMINGTON TRUST CO.

Service code 21 · EIN 51-0099033

2800 N CENTRAL AVE · PHOENIX, AZ 85004

Bank Trustee

$21,866

CLARK NUBER2+ years

Service code 10 · EIN 91-1194016

10900 NE 4TH · BELLEVUE, WA 98004

Accounting

$2,300

WESTERN WASHINGTON MEDICAL GROUP 401(K) RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTERN WASHINGTON MEDICAL GROUP 401(K) RETIREMENT PLAN AND TRUST

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