Retirement plan

TAX DEFERRED ANNUITY PLAN OF MULTI-SERVICE CENTER

Name: MULTI-SERVICE CENTER - TAX DEFERRED ANNUITY PLAN OF MULTI-SERVICE CENTER (2024) Form 5500
Creator: MULTI-SERVICE CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAX DEFERRED ANNUITY PLAN OF MULTI-SERVICE CENTER, MULTI-SERVICE CENTER

MULTI-SERVICE CENTEREIN 23-7120815Plan #003PY 2024

1200 S 336TH ST - FEDERAL WAY, WA 980036347253-835-7678

Other plans on this EIN

1 filing

#002Retirement-$3.5M assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$384K

+141.8% from 2023

Total participants

+66.7% from 2023

Average account balance

$96,028

+81.3% from 2023

Annual return

129.07%

+117.38 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$384K

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+129.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G3D2J

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.
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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$14

$5 / participant

Other / not subdivided$14100.0%

% of EOY assets

0.004%

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

$96,028

$183,592-47.7%

$155,574-38.3%

$145,877-34.2%

Participation rate

66.7%

82.7%-16.0pp

78.2%-11.5pp

80.3%-13.6pp

Annual return

129.07%

61.37%+67.7pp

64.87%+64.2pp

551.28%-422.2pp

Employer contribution / active EE

$5,317-100.0%

$4,676-100.0%

$4,663-100.0%

Participant deferral / active EE

$6,719

$6,466+3.9%

$5,629+19.4%

$6,691+0.4%

Admin fee / account holder

$19,316-100.0%

$15,914-100.0%

$13,402-100.0%

TAX DEFERRED ANNUITY PLAN OF MULTI-SERVICE CENTER

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAX DEFERRED ANNUITY PLAN OF MULTI-SERVICE CENTER

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