Retirement plan

MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA 403(B) PLAN

Name: MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA - MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA 403(B) PLAN (2024) Form 5500
Creator: MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA 403(B) PLAN, MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA

MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIAEIN 23-0846955Plan #001PY 2024

30 FREEMASON DRIVE - ELIZABETHTOWN, PA 17022717-367-1121LinkedIn1001-5000 employeesmedical practice

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$165M

+8.5% from 2023

Total participants

2,968

+1.3% from 2023

Average account balance

$58,425

+6.6% from 2023

Annual return

11.83%

-3.62 pp from 2023

Benchmarks

See 388 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$164.99M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

2,824

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.99M

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

+11.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$56

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 1 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION9 years Service code 13 · EIN 35-1140070	Contract Administrator	$159,018

Plan features & details

Pension benefit codes2F2G2L2M2S2T3D3H

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$159K

$68 / participant

Contract admin$159K100.0%

% of EOY assets

0.096%

all-in expense ratio

Categories reported

1 / 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: SMITH ELLIOTT KEARNS & COMPANY, LLC
Auditor EIN: 520783935
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,425

$44,897+30.1%

$85,009-31.3%

$199,768-70.8%

Participation rate

93.8%

45.7%+48.1pp

67.5%+26.3pp

72.0%+21.8pp

Annual return

11.83%

20.96%-9.1pp

66.47%-54.6pp

34.26%-22.4pp

Employer contribution / active EE

$1,571

$1,365+15.0%

$2,728-42.4%

$3,037-48.3%

Participant deferral / active EE

$3,136

$2,668+17.6%

$4,522-30.6%

$5,090-38.4%

Admin fee / account holder

$56

$584-90.4%

$6,153-99.1%

$269-79.1%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION9 years

Service code 13 · EIN 35-1140070

Contract Administrator

$159,018

MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA 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