Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF PITTSBURGH CARE PARTNERSHIP, INC.

Name: PITTSBURGH CARE PARTNERSHIP, INC. - 403(B) THRIFT PLAN FOR EMPLOYEES OF PITTSBURGH CARE PARTNERSHIP, INC. (2024) Form 5500
Creator: PITTSBURGH CARE PARTNERSHIP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF PITTSBURGH CARE PARTNERSHIP, INC., PITTSBURGH CARE PARTNERSHIP, INC.

PITTSBURGH CARE PARTNERSHIP, INC.EIN 25-1753852Plan #002PY 2024

2400 ARDMORE BLVD, STE 700 - PITTSBURGH, PA 152210000412-229-5000LinkedIn1-10 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$27.1M

+20.3% from 2023

Total participants

761

+2.0% from 2023

Average account balance

$36,130

+18.7% from 2023

Annual return

17.20%

+0.36 pp from 2023

Benchmarks

See 4,124 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,124 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.10M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

750

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.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11

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 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP6 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Participant loan processing; Account ...	$10,573

Plan features & details

Pension benefit codes2G3D2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$8K

$16 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.030%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,130

$50,860-29.0%

$155,574-76.8%

$77,714-53.5%

Participation rate

97.9%

63.1%+34.7pp

78.2%+19.7pp

70.6%+27.3pp

Annual return

17.20%

34.86%-17.7pp

64.87%-47.7pp

31.26%-14.1pp

Employer contribution / active EE

$1,486

$1,991-25.4%

$4,676-68.2%

$2,727-45.5%

Participant deferral / active EE

$2,569

$2,825-9.1%

$5,629-54.4%

$4,649-44.7%

Admin fee / account holder

$11

$436-97.5%

$15,914-99.9%

$433-97.5%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP6 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Participant loan processing; Account ...

$10,573

403(B) THRIFT PLAN FOR EMPLOYEES OF PITTSBURGH CARE PARTNERSHIP, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF PITTSBURGH CARE PARTNERSHIP, INC.

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