Retirement plan

WPMG 401(K) RETIREMENT SAVINGS PLAN

Name: WASHINGTON PERMANENTE MEDICAL GROUP - WPMG 401(K) RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: WASHINGTON PERMANENTE MEDICAL GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WPMG 401(K) RETIREMENT SAVINGS PLAN, WASHINGTON PERMANENTE MEDICAL GROUP

WASHINGTON PERMANENTE MEDICAL GROUPEIN 91-1841629Plan #001PY 2020

1300 SW 27TH STREET - RENTON, WA 98057206-630-4370wpmgcareers.orgLinkedIn1001-5000 employeeshospital & health care

Other plans on this EIN

1 filing

#003Retirement-$80.3M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$1256.1M

-9.8% from 2016

Total participants

2,362

-9.2% from 2016

Average account balance

$569,666

-5.7% from 2016

Annual return

14.82%

-10.79 pp from 2016

Benchmarks

See 1,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,342 peers

Snapshot2020

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 10 of 24 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC3 years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$147,964
MERCER6+ years Service code 16 PO BOX 13793 · DALLAS, TX 75373	Consulting	$115,387
FINANCIAL ENGINES2 years Service code 26 1050 ENTERPRISE WAY · SUNNYVALE, CA 94089	Advisory (Participants)	$111,389
LPL FINANCIAL3 years Filed as: KMS FINANCIAL SERVICES INC Service code 26 2001 6TH AVE · SEATTLE, WA 98121	Advisory (Participants)	$61,462
MORNINGSTAR1 year Service code 26 22 WEST WASHINGTON STREET · CHICAGO, IL 60602	Advisory (Participants)	$47,104
COLDSTREAM WEALTH MANAGEMENT3 years Service code 26 ONE 100TH AVE NE · BELLEUVE, WA 98004	Advisory (Participants)	$45,457
PINKERTON RETIREMENT SPECIALISTS3 years Filed as: PINKERTON RETIREMENT SPECIALIS Service code 26 2000 JOHN LOOP · COEUR DALENE, ID 83814	Advisory (Participants)	$31,088
EMPIRICAL FINANCIAL SERVICES L3 years Service code 26 1420 5TH AVE · SEATTLE, WA 98101	Advisory (Participants)	$24,686
MERCER3 years Filed as: MERCER GLOBAL ADVISORS INC Service code 26 610 MAIN ST · FRISCO, CO 80443	Advisory (Participants)	$20,797
WEATHERLY ASSET MANAGEMENT3 years Service code 26 832 CAMINO DEL MAR · DEL MAR, CA 92014	Advisory (Participants)	$20,647

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$330K

$188 / participant

Investment mgmt$55K16.7%
Other / not subdivided$275K83.3%

% of EOY assets

0.026%

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

$569,666

$56,095+915.5%

$178,510+219.1%

$90,274+531.0%

Participation rate

91.1%

65.6%+25.5pp

81.9%+9.1pp

73.4%+17.7pp

Annual return

14.82%

28.81%-14.0pp

151.13%-136.3pp

53.97%-39.2pp

Employer contribution / active EE

$20,372

$1,572+1195.5%

$5,011+306.5%

$2,523+707.3%

Participant deferral / active EE

$14,784

$2,669+454.0%

$5,202+184.2%

$4,231+249.5%

Admin fee / account holder

$150

$101+48.6%

$13,988-98.9%

$114+31.1%

Provider

Service type

Compensation

T ROWE PRICE RPS INC3 years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$147,964

MERCER6+ years

Service code 16

PO BOX 13793 · DALLAS, TX 75373

Consulting

$115,387

FINANCIAL ENGINES2 years

Service code 26

1050 ENTERPRISE WAY · SUNNYVALE, CA 94089

Advisory (Participants)

$111,389

LPL FINANCIAL3 years

Filed as: KMS FINANCIAL SERVICES INC

Service code 26

2001 6TH AVE · SEATTLE, WA 98121

Advisory (Participants)

$61,462

MORNINGSTAR1 year

Service code 26

22 WEST WASHINGTON STREET · CHICAGO, IL 60602

Advisory (Participants)

$47,104

COLDSTREAM WEALTH MANAGEMENT3 years

Service code 26

ONE 100TH AVE NE · BELLEUVE, WA 98004

Advisory (Participants)

$45,457

PINKERTON RETIREMENT SPECIALISTS3 years

Filed as: PINKERTON RETIREMENT SPECIALIS

Service code 26

2000 JOHN LOOP · COEUR DALENE, ID 83814

Advisory (Participants)

$31,088

EMPIRICAL FINANCIAL SERVICES L3 years

Service code 26

1420 5TH AVE · SEATTLE, WA 98101

Advisory (Participants)

$24,686

MERCER3 years

Filed as: MERCER GLOBAL ADVISORS INC

Service code 26

610 MAIN ST · FRISCO, CO 80443

Advisory (Participants)

$20,797

WEATHERLY ASSET MANAGEMENT3 years

Service code 26

832 CAMINO DEL MAR · DEL MAR, CA 92014

Advisory (Participants)

$20,647

WPMG 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WPMG 401(K) RETIREMENT SAVINGS 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