Retirement plan

EMPLOYEE BENEFIT PLAN OF SUNSHINE COMMUNITY HEALTH CENTER INCORPORATED

Name: SUNSHINE COMMUNITY HEALTH CENTER INCORPORATED - EMPLOYEE BENEFIT PLAN OF SUNSHINE COMMUNITY HEALTH CENTER INCORPORATED (2019) Form 5500
Creator: SUNSHINE COMMUNITY HEALTH CENTER INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SUNSHINE COMMUNITY HEALTH CENTER INCORPORATED, SUNSHINE COMMUNITY HEALTH CENTER INCORPORATED

SUNSHINE COMMUNITY HEALTH CENTER INCORPORATEDEIN 92-0117838Plan #001PY 2019

HC 89 BOX 8190 - TALKEETNA, AK 996769701907-733-2273sunshineclinic.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+10.9% from 2018

Total participants

-8.1% from 2018

Average account balance

$23,398

+16.7% from 2018

Annual return

6.73%

-7.32 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.69M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

158

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.

89.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$607K

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

+15.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2S2T3D3H

Plan features

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$285K

$4678 / participant

Other / not subdivided$285K100.0%

% of EOY assets

15.838%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,398

$85,171-72.5%

$172,752-86.5%

$72,975-67.9%

Participation rate

96.7%

70.1%+26.7pp

82.6%+14.1pp

69.5%+27.2pp

Annual return

6.73%

27.32%-20.6pp

802.97%-796.2pp

81.01%-74.3pp

Employer contribution / active EE

$1,799

$3,324-45.9%

$5,144-65.0%

$2,440-26.3%

Participant deferral / active EE

$3,313

$3,260+1.6%

$5,198-36.3%

$3,608-8.2%

Admin fee / account holder

$3,706

$5,880-37.0%

$13,955-73.4%

$5,124-27.7%

EMPLOYEE BENEFIT PLAN OF SUNSHINE COMMUNITY HEALTH CENTER INCORPORATED

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SUNSHINE COMMUNITY HEALTH CENTER INCORPORATED

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