Retirement plan

WASHINGTON PERMANENTE MEDICAL GROUP 401(K) SALARY DEFERRAL PLAN

Name: WASHINGTON PERMANENTE MEDICAL GROUP P.C - WASHINGTON PERMANENTE MEDICAL GROUP 401(K) SALARY DEFERRAL PLAN (2017) Form 5500
Creator: WASHINGTON PERMANENTE MEDICAL GROUP P.C
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WASHINGTON PERMANENTE MEDICAL GROUP 401(K) SALARY DEFERRAL PLAN, WASHINGTON PERMANENTE MEDICAL GROUP P.C

WASHINGTON PERMANENTE MEDICAL GROUP P.CEIN 91-1841629Plan #001PY 2017

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

Other plans on this EIN

2 filings

#002Retirement-$607.2M assets #003Retirement-$54.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$392.9M

-9.8% from 2016

Total participants

1,637

-9.2% from 2016

Average account balance

$236,680

-5.7% from 2016

Annual return

17.92%

-10.79 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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.3+ years Filed as: MILLIMAN Service code 15 · EIN 91-0675641	Recordkeeping	$525,823
MATRIX TRUST COMPANY2 years Service code 19 · EIN 75-3182674	Securities Custodian	$118,125
MERCER3+ years Service code 27 · EIN 61-0736136	Advisory (Plan)	$39,545
BLACKROCK3+ years Service code 28 · EIN 94-3112180	Investment Management	$13,147
OPPENHEIMER3+ years Service code 28 · EIN 13-3459790	Investment Management	$4,482

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

$214K

$173 / participant

Contract admin$214K100.0%

% of EOY assets

0.054%

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
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$236,680

$44,989+426.1%

$170,435+38.9%

$77,958+203.6%

Participation rate

100.0%

64.6%+35.4pp

83.6%+16.4pp

71.6%+28.4pp

Annual return

17.92%

19.61%-1.7pp

205.94%-188.0pp

20.87%-2.9pp

Employer contribution / active EE

$2,758

$1,466+88.1%

$5,432-49.2%

$2,310+19.4%

Participant deferral / active EE

$16,524

$2,208+648.5%

$4,939+234.5%

$3,537+367.2%

Admin fee / account holder

$129

$69+86.9%

$13,881-99.1%

$97+32.4%

Provider

Service type

Compensation

MILLIMAN, INC.3+ years

Filed as: MILLIMAN

Service code 15 · EIN 91-0675641

Recordkeeping

$525,823

MATRIX TRUST COMPANY2 years

Service code 19 · EIN 75-3182674

Securities Custodian

$118,125

MERCER3+ years

Service code 27 · EIN 61-0736136

Advisory (Plan)

$39,545

BLACKROCK3+ years

Service code 28 · EIN 94-3112180

Investment Management

$13,147

OPPENHEIMER3+ years

Service code 28 · EIN 13-3459790

Investment Management

$4,482

WASHINGTON PERMANENTE MEDICAL GROUP 401(K) SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WASHINGTON PERMANENTE MEDICAL GROUP 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