Retirement plan

403(B) THRIFT PLAN OF PATHWAYS VERMONT, INC.

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

PATHWAYS VERMONT, INC.EIN 30-0604758Plan #001PY 2024

1 KENNEDY DRIVE, UNIT L2 - SOUTH BURLINGTON, VT 05403888-492-8218pathwaysvermont.orgLinkedIn51-200 employeescivic & social organization

Prospect flagsHigh feesLow assets / participantLow participant contributionRecently reached 100 employeesLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+20.4% from 2023

Total participants

128

-5.2% from 2023

Average account balance

$10,472

-4.6% from 2023

Annual return

13.89%

-6.30 pp from 2023

Benchmarks

See 269 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Cohort269 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.26M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

120

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.

121.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$164K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$813

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 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

5 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$98K

$986 / participant

Other / not subdivided$98K100.0%

% of EOY assets

7.767%

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

$10,472

$163,671-93.6%

$155,556-93.3%

Participation rate

91.9%

63.4%+28.5pp

78.2%+13.7pp

Annual return

13.89%

19.35%-5.5pp

64.84%-51.0pp

Employer contribution / active EE

$1,057

$2,499-57.7%

$4,675-77.4%

Participant deferral / active EE

$601

$2,935-79.5%

$5,631-89.3%

Admin fee / account holder

$813

$97,433-99.2%

$15,885-94.9%

403(B) THRIFT PLAN OF PATHWAYS VERMONT, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF PATHWAYS VERMONT, 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