Retirement plan

MAD RIVER COMMUNITY HOSPITAL 401(K) PLAN

Name: MAD RIVER COMMUNITY HOSPITAL - MAD RIVER COMMUNITY HOSPITAL 401(K) PLAN (2017) Form 5500
Creator: MAD RIVER COMMUNITY HOSPITAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAD RIVER COMMUNITY HOSPITAL 401(K) PLAN, MAD RIVER COMMUNITY HOSPITAL

MAD RIVER COMMUNITY HOSPITALEIN 94-1698406Plan #001PY 2017

P. O. BOX 1115 - ARCATA, CA 95518707-822-3621madriverhospital.comLinkedIn501-1000 employeeshospital & health care

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$12M

+21.6% from 2016

Total participants

597

+4.2% from 2016

Average account balance

$41,694

-16.3% from 2016

Annual return

14.87%

+6.00 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.15M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

210

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.

35.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$861K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$259

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
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 27 1 N. JEFFERSON AVE MAC H0006-09V · ST. LOUIS, MO 63103	Advisory (Plan)	$36,076
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$16,478
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN HOSPITAL MANAGEMENT CO. Service code 99 3800 JANES RD · ARCATA, CA 95521	Other Fees	$9,950
SAN DIEGO PENSION CONSULTANTS1 year Service code 13 5628 COPLEY DRIVE · SAN DIEGO, CA 92111	Contract Administrator	$2,615

Plan features & details

Pension benefit codes2E2G2J2K2F3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$62K

$121 / participant

Other / not subdivided$62K100.0%

% of EOY assets

0.518%

all-in expense ratio

Categories reported

0 / 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: FARBER HASS HURLEY LLP
Auditor EIN: 204207759
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,694

$46,173-9.7%

$170,435-75.5%

$69,631-40.1%

Participation rate

40.2%

63.9%-23.7pp

83.6%-43.4pp

70.7%-30.5pp

Annual return

14.87%

21.62%-6.8pp

205.94%-191.1pp

27571.02%-27556.2pp

Employer contribution / active EE

$637

$1,610-60.4%

$5,432-88.3%

$2,032-68.6%

Participant deferral / active EE

$1,773

$2,080-14.8%

$4,939-64.1%

$3,224-45.0%

Admin fee / account holder

$216

$116+86.2%

$13,881-98.4%

$110+95.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.3+ years

Filed as: WELLS FARGO ADVISORS, LLC

Service code 27

1 N. JEFFERSON AVE MAC H0006-09V · ST. LOUIS, MO 63103

Advisory (Plan)

$36,076

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$16,478

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN HOSPITAL MANAGEMENT CO.

Service code 99

3800 JANES RD · ARCATA, CA 95521

Other Fees

$9,950

SAN DIEGO PENSION CONSULTANTS1 year

Service code 13

5628 COPLEY DRIVE · SAN DIEGO, CA 92111

Contract Administrator

$2,615

MAD RIVER COMMUNITY HOSPITAL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAD RIVER COMMUNITY HOSPITAL 401(K) 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