Retirement plan

AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINE DC RETIREMENT PLAN

Name: AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINE - AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINE DC RETIREMENT PLAN (2015) Form 5500
Creator: AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINE DC RETIREMENT PLAN, AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINE

AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINEEIN 23-7057224Plan #001PY 2015

1631 PRINCE STREET - ALEXANDRIA, VA 223142818571-298-1300aapm.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3M

No prior year

Total participants

No prior year

Average account balance

$99,485

No prior year

Annual return

1.25%

No prior year

Benchmarks

See 26,340 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,340 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.68M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

151.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$623K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+11.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$66666

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 codes2G2L

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$37K

$1526 / participant

Other / not subdivided$37K100.0%

% of EOY assets

1.227%

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

$99,485

$84,684+17.5%

$73,835+34.7%

$125,388-20.7%

Participation rate

100.0%

76.8%+23.2pp

73.4%+26.6pp

83.2%+16.8pp

Annual return

1.25%

3123.93%-3122.7pp

2268.13%-2266.9pp

282.24%-281.0pp

Employer contribution / active EE

$8,587

$3,123+174.9%

$2,788+208.0%

$4,866+76.5%

Participant deferral / active EE

$4,740

$3,993+18.7%

$3,583+32.3%

$5,352-11.4%

Admin fee / account holder

$1,221

$5,691-78.5%

$4,880-75.0%

$9,541-87.2%

AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINE DC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN ASSOCIATION OF PHYSICISTS IN MEDICINE DC RETIREMENT 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