Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants<25
Cohort109,298 peers
Snapshot2024
Participant deferral / active EE
Employer contribution / active EE
Admin fee / account holder
Overall peer rank
48th percentileavg across 6 metrics
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Analytics
Less than 3 years of history available for this plan
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Plan features & details
Pension benefit codes2F2G2J2L2M3D
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.
- 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.
- 2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
- 2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
- 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.