Retirement plan

MAZZONI CENTER 403(B) PLAN

Name: MAZZONI CENTER - MAZZONI CENTER 403(B) PLAN (2024) 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 2024

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.7M

+3.6% from 2023

Total participants

277

+83.4% from 2023

Average account balance

$22,799

-55.8% from 2023

Annual return

14.33%

-2.62 pp from 2023

Benchmarks

See 5,998 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,998 peers

Snapshot2024

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE9+ years Service code 28 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Investment Management	$28,058
LPL FINANCIAL9+ years Filed as: LPL FINANCIAL LLC-RPCP Service code 28 RPCP COMPENSATION PROCESSING PO BOX · SAN DIEGO, CA 92150	Investment Management	$18,874
NATIONWIDE1 year Filed as: NATIONWIDE RETIREMENT PLANS Service code 28 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Investment Management	$987

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$37K

$267 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.640%

all-in expense ratio

Categories reported

0 / 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

$22,799

$55,437-58.9%

$155,534-85.3%

$74,459-69.4%

Participation rate

81.0%

61.9%+19.1pp

78.2%+2.8pp

67.2%+13.8pp

Annual return

14.33%

269.58%-255.2pp

64.92%-50.6pp

1369.70%-1355.4pp

Employer contribution / active EE

$2,325

$2,266+2.6%

$4,675-50.3%

$2,626-11.5%

Participant deferral / active EE

$2,227

$2,837-21.5%

$5,630-60.4%

$4,350-48.8%

Admin fee / account holder

$146

$1,742-91.6%

$15,900-99.1%

$1,945-92.5%

Provider

Service type

Compensation

NATIONWIDE9+ years

Service code 28

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Investment Management

$28,058

LPL FINANCIAL9+ years

Filed as: LPL FINANCIAL LLC-RPCP

Service code 28

RPCP COMPENSATION PROCESSING PO BOX · SAN DIEGO, CA 92150

Investment Management

$18,874

NATIONWIDE1 year

Filed as: NATIONWIDE RETIREMENT PLANS

Service code 28

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Investment Management

$987

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