Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF MARIAN WOODS, INC.

Name: MARIAN WOODS, INC. - 403(B) THRIFT PLAN FOR EMPLOYEES OF MARIAN WOODS, INC. (2024) Form 5500
Creator: MARIAN WOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF MARIAN WOODS, INC., MARIAN WOODS, INC.

MARIAN WOODS, INC.EIN 06-1512701Plan #001PY 2024

152 RIDGE RD - HARTSDALE, NY 105302205914-750-6000marianwoods.orgLinkedIn11-50 employeesfund-raising

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$476K

+24.0% from 2023

Total participants

+5.6% from 2023

Average account balance

$26,440

+17.1% from 2023

Annual return

8.71%

+0.10 pp from 2023

Benchmarks

See 109,298 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,298 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$476K

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$81K

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

+8.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1218

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

0 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 codes2G3D2J2E

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.
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

3 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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$22K

$1826 / participant

Other / not subdivided$22K100.0%

% of EOY assets

4.605%

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

$26,440

$183,516-85.6%

$155,534-83.0%

$145,884-81.9%

Participation rate

91.7%

82.7%+9.0pp

78.2%+13.4pp

80.3%+11.4pp

Annual return

8.71%

61.43%-52.7pp

64.92%-56.2pp

551.85%-543.1pp

Employer contribution / active EE

$1,079

$5,315-79.7%

$4,675-76.9%

$4,662-76.9%

Participant deferral / active EE

$5,642

$6,467-12.8%

$5,630+0.2%

$6,690-15.7%

Admin fee / account holder

$1,218

$19,293-93.7%

$15,900-92.3%

$13,392-90.9%

403(B) THRIFT PLAN FOR EMPLOYEES OF MARIAN WOODS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF MARIAN WOODS, INC.

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