Retirement plan

GROUP HEALTH PERMANENTE 401(K) SALARY DEFERRAL PLAN

Name: GROUP HEALTH PERMANENTE - GROUP HEALTH PERMANENTE 401(K) SALARY DEFERRAL PLAN (2015) Form 5500
Creator: GROUP HEALTH PERMANENTE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GROUP HEALTH PERMANENTE 401(K) SALARY DEFERRAL PLAN, GROUP HEALTH PERMANENTE

GROUP HEALTH PERMANENTEEIN 91-1841629Plan #001PY 2015

320 WESTLAKE AVENUE N, SUITE 100 - SEATTLE, WA 98109206-448-6549wpmgcareers.orgLinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

2 filings

#002Retirement-$515.9M assets #003Retirement-$43.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$306.9M

-9.8% from 2016

Total participants

1,642

-9.2% from 2016

Average account balance

$199,649

-5.7% from 2016

Annual return

-0.44%

-10.79 pp from 2016

Benchmarks

See 1,197 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,197 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.47B

Not enough data

1 years with asset history on file

Average account balance

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

$654K

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.

2,248

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$45K

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

+15.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$269

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 5 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.1+ years Filed as: MILLIMAN Service code 15 · EIN 91-0675641	Recordkeeping	$110,846
MATRIX TRUST COMPANY1+ years Filed as: MG TRUST CO DBA MATRIX TRUST CO Service code 19 · EIN 75-3182674	Securities Custodian	$105,340
OPPENHEIMER1+ years Service code 28 · EIN 13-3459790	Investment Management	$36,529
MERCER1+ years Service code 27 · EIN 61-0736136	Advisory (Plan)	$27,564
BLACKROCK1+ years Service code 28 · EIN 94-3112180	Investment Management	$9,427

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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.
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

$260K

$212 / participant

Investment mgmt$46K17.6%
Other / not subdivided$215K82.4%

% of EOY assets

0.085%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$199,649

$37,039+439.0%

$147,618+35.2%

$59,188+237.3%

Participation rate

91.5%

63.8%+27.7pp

84.6%+6.8pp

69.4%+22.0pp

Annual return

-0.44%

7.19%-7.6pp

61.98%-62.4pp

5.51%-5.9pp

Employer contribution / active EE

$2,358

$1,353+74.3%

$5,564-57.6%

$2,098+12.4%

Participant deferral / active EE

$15,191

$2,094+625.6%

$4,895+210.3%

$3,265+365.3%

Admin fee / account holder

$169

$60+181.5%

$11,612-98.5%

$92+83.8%

Provider

Service type

Compensation

MILLIMAN, INC.1+ years

Filed as: MILLIMAN

Service code 15 · EIN 91-0675641

Recordkeeping

$110,846

MATRIX TRUST COMPANY1+ years

Filed as: MG TRUST CO DBA MATRIX TRUST CO

Service code 19 · EIN 75-3182674

Securities Custodian

$105,340

OPPENHEIMER1+ years

Service code 28 · EIN 13-3459790

Investment Management

$36,529

MERCER1+ years

Service code 27 · EIN 61-0736136

Advisory (Plan)

$27,564

BLACKROCK1+ years

Service code 28 · EIN 94-3112180

Investment Management

$9,427

GROUP HEALTH PERMANENTE 401(K) SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GROUP HEALTH PERMANENTE 401(K) SALARY DEFERRAL 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