Retirement plan

MAZZONI CENTER 403(B) PLAN

Name: MAZZONI CENTER - MAZZONI CENTER 403(B) PLAN (2021) Form 5500
Creator: MAZZONI CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAZZONI CENTER 403(B) PLAN, MAZZONI CENTER

MAZZONI CENTEREIN 23-2176338Plan #002PY 2021

1348 BAINBRIDGE STREET - PHILADELPHIA, PA 19147215-563-0652mazzonicenter.orgLinkedIn51-200 employeeshealth, wellness and fitness

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$6.3M

+9.6% from 2020

Total participants

239

+3.9% from 2020

Average account balance

$28,901

+4.1% from 2020

Annual return

11.89%

-6.96 pp from 2020

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.72M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

251

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.

81.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$624K

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

+14.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$146

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$33,593
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC RPCP Service code 27 PO BOX 502533 · SAN DIEGO, CA 921502533	Advisory (Plan)	$21,370

Plan features & details

Pension benefit codes2K2G2M2T

Plan features

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

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

$30K

$241 / participant

Contract admin$30K100.0%

% of EOY assets

0.475%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,901

$61,172-52.8%

$185,851-84.4%

$79,389-63.6%

Participation rate

84.0%

66.6%+17.4pp

81.7%+2.3pp

70.7%+13.3pp

Annual return

11.89%

19.45%-7.6pp

122.11%-110.2pp

116.89%-105.0pp

Employer contribution / active EE

$2,489

$2,321+7.2%

$5,168-51.8%

$2,428+2.5%

Participant deferral / active EE

$1,691

$2,788-39.4%

$5,569-69.6%

$4,046-58.2%

Admin fee / account holder

$137

$710-80.6%

$16,245-99.2%

$626-78.1%

Provider

Service type

Compensation

NATIONWIDE6+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$33,593

LPL FINANCIAL2 years

Filed as: LPL FINANCIAL LLC RPCP

Service code 27

PO BOX 502533 · SAN DIEGO, CA 921502533

Advisory (Plan)

$21,370

MAZZONI CENTER 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAZZONI CENTER 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