Retirement plan

OCEAN PINES VOLUNTEER FIRE DEPARTMENT, INC. 403B PLAN

Name: OCEAN PINES VOLUNTEER FIRE FIRE DEPARTMENT, INC. - OCEAN PINES VOLUNTEER FIRE DEPARTMENT, INC. 403B PLAN (2025) Form 5500
Creator: OCEAN PINES VOLUNTEER FIRE FIRE DEPARTMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OCEAN PINES VOLUNTEER FIRE DEPARTMENT, INC. 403B PLAN, OCEAN PINES VOLUNTEER FIRE FIRE DEPARTMENT, INC.

OCEAN PINES VOLUNTEER FIRE FIRE DEPARTMENT, INC.EIN 23-7405884Plan #001PY 2025

911 OCEAN PARKWAY - OCEAN PINES, MD 21811410-641-8272opvfd.comLinkedIn11-50 employeespublic safety

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

+12.5% from 2024

Total participants

0.0% from 2024

Average account balance

$161,097

+12.5% from 2024

Annual return

15.06%

-1.45 pp from 2024

Benchmarks

See 587 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort587 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.06M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$230K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15793

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 codes2F2G2M2T3D

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.
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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$300K

$15793 / participant

Other / not subdivided$300K100.0%

% of EOY assets

9.803%

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

$161,097

$70,532+128.4%

$68,948+133.6%

$137,256+17.4%

Participation rate

89.5%

81.0%+8.5pp

79.2%+10.3pp

80.0%+9.5pp

Annual return

15.06%

32.56%-17.5pp

28.39%-13.3pp

220.34%-205.3pp

Employer contribution / active EE

$6,028

$4,355+38.4%

$4,165+44.7%

$4,156+45.0%

Participant deferral / active EE

$6,070

$6,773-10.4%

$6,186-1.9%

$6,407-5.3%

Admin fee / account holder

$15,793

$7,916+99.5%

$7,539+109.5%

$12,270+28.7%

OCEAN PINES VOLUNTEER FIRE DEPARTMENT, INC. 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OCEAN PINES VOLUNTEER FIRE DEPARTMENT, INC. 403B 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