First Choice Health Network, Inc.
Form 5500 DataOverview
Plan Description
First Choice Health Network, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Participation Rate. First Choice Health Network, Inc. 401k Plan currently has over 300 active participants and over $19.9M in plan assets.
Did you know?
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (78) and the top rated plan (89) could equate to:
7
Additional years of work
111,854
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 600 University Street Suite 1400
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 600 University Street Suite 1400
-
LocationSeattle , WA98101-0000
-
IndustryFinance and Insurance
-
AdministratorKevin Conefrey
-
Net Plan Assets$19,900,000
-
Total Participants300
-
Avg Account Balance$66,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Low Fees
Company Generosity:
Above Average
Performance
Participation Rate:
Great
Salary Deferrals:
Above Average
Account Balance:
Above Average
Design
Total Plan Cost:
Low Fees
Company Generosity:
Above Average
Performance
Participation Rate:
Above Average
Salary Deferrals:
Above Average
Account Balance:
Average
Peer Group Plans
Company | Rating |
---|---|
HDI Global Insurance Company | 84.7 |
CATIC Financial | 79.2 |
Allstar Financial Group | 75.6 |
Wisconsin Farm Bureau Federation Cooperative | 75.0 |
Highland Capital Brokerage | 71.3 |
Healthplex | 66.4 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
Practice Management
Practice Management: Areas of Success
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
December 28, 2020
Deals & People
HUB Names New Leader for Retirement and Private Wealth
PLANADVISER has learned that HUB International has named Joe DeNoyior as the new leader for Retirement and Private Wealth.
January 22, 2021
exclusives
Democrats Have Won the Power to Fix Union Pensions
A bipartisan compromise solution to end the multiemployer pension crisis is urgently required, sources agree, and one could finally be forthcoming in the U.S. Congress.
January 19, 2021
Compliance
Retirement Plan Trustee Faces Cybersecurity-Related Lawsuit
The lawsuit says the trustee failed to prevent a fraudulent distribution from a participant's account and is failing to take responsibility.
January 15, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
Loomis Sayles Investment Grade Bond | 16% |
15%
|
Vanguard Total Stock Market Index | 11% |
23%
|
Morley Stable Value Fund | 9% |
N/A
|
|
100%
|
|
|
100%
|
|
|
100%
|
|
|
100%
|
View all funds in this plan
Providers
Articles and Questions

Boeing Fee Settlement Highlights the High Bar for Large Plans
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
Why Do Investment Expenses Matter?
Ryan Alfred
Popular Questions
See more questions-
What is a ROTH IRA Tax Credit?2 answers2answers
-
Should I purchase an Annuity for my retirement?5 answers5answers
-
How much money do I need to retire?5 answers5answers
-
Do I need to repay the 10k loan from my IRA tha I will use to purchase a home as a first time home owner?2 answers2answers
-
What is a spousal IRA?5 answers5answers
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question
