Retirement plan

HERITAGE HEALTH 403(B) PLAN

Name: HERITAGE HEALTH - HERITAGE HEALTH 403(B) PLAN (2023) Form 5500
Creator: HERITAGE HEALTH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HERITAGE HEALTH 403(B) PLAN, HERITAGE HEALTH

HERITAGE HEALTHEIN 94-3036820Plan #002PY 2023

P.O. BOX 1387 - HAYDEN, ID 83835208-292-0292myheritagehealth.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.2M

+36.9% from 2022

Total participants

473

+2.4% from 2022

Average account balance

$18,343

+17.3% from 2022

Annual return

23.30%

+37.06 pp from 2022

Benchmarks

See 1,011 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,011 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.63M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

389

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.

27.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+22.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$288

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 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE6 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$32,714
LPL FINANCIAL3 years Service code 27 PO BOX 502533 · SAN DIEGO, CA 92150	Advisory (Plan)	$30,677
GREAT-WEST LIFE & ANNUITY INSURANCE5 years Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$12,554
PROFESSIONAL BENEFIT SERVICES6 years Filed as: PROFESSIONAL BENEFIT SERVICES INC Service code 13	Contract Administrator	$6,134
PROFESSIONAL BENEFIT SERVICES9+ years Service code 13 1193 ROYVONNE AVE ST STE22 · SALEM, OR 97302	Contract Administrator	$5,075
RAYMOND JAMES FINANCIAL SERVICES6 years Filed as: RAYMOND JAMES Service code 27 880 CARILLON PARKWAY · ST PETERSBURG, FL 33716	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$80K

$237 / participant

Investment mgmt$80K100.0%

% of EOY assets

1.107%

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: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,343

$52,188-64.9%

$86,640-78.8%

$74,460-75.4%

Participation rate

75.9%

66.3%+9.6pp

71.7%+4.2pp

70.7%+5.1pp

Annual return

23.30%

44.46%-21.2pp

592.52%-569.2pp

34.38%-11.1pp

Employer contribution / active EE

$1,774

$2,282-22.3%

$3,024-41.3%

$2,638-32.8%

Participant deferral / active EE

$3,750

$3,383+10.9%

$4,438-15.5%

$4,530-17.2%

Admin fee / account holder

$203

$319-36.3%

$5,616-96.4%

$348-41.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE6 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$32,714

LPL FINANCIAL3 years

Service code 27

PO BOX 502533 · SAN DIEGO, CA 92150

Advisory (Plan)

$30,677

GREAT-WEST LIFE & ANNUITY INSURANCE5 years

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$12,554

PROFESSIONAL BENEFIT SERVICES6 years

Filed as: PROFESSIONAL BENEFIT SERVICES INC

Service code 13

Contract Administrator

$6,134

PROFESSIONAL BENEFIT SERVICES9+ years

Service code 13

1193 ROYVONNE AVE ST STE22 · SALEM, OR 97302

Contract Administrator

$5,075

RAYMOND JAMES FINANCIAL SERVICES6 years

Filed as: RAYMOND JAMES

Service code 27

880 CARILLON PARKWAY · ST PETERSBURG, FL 33716

Advisory (Plan)

HERITAGE HEALTH 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HERITAGE HEALTH 403(B) 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