Retirement plan

403(B) THRIFT PLAN OF SOCIAL HEALTH ASSOCIATION OF INDIANA, INC.

Name: SOCIAL HEALTH ASSOCIATION OF I - 403(B) THRIFT PLAN OF SOCIAL HEALTH ASSOCIATION OF INDIANA, INC. (2022) Form 5500
Creator: SOCIAL HEALTH ASSOCIATION OF I
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF SOCIAL HEALTH ASSOCIATION OF INDIANA, INC., SOCIAL HEALTH ASSOCIATION OF I

SOCIAL HEALTH ASSOCIATION OF IEIN 35-0869056Plan #002PY 2022

615 N ALABAMA ST STE 228 - INDIANAPOLIS, IN 462041432317-638-3628socialhealth.orgLinkedIn1-10 employeeshealth, wellness and fitness

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$513K

-20.8% from 2021

Total participants

+12.5% from 2021

Average account balance

$32,090

-20.8% from 2021

Annual return

-17.05%

-33.55 pp from 2021

Benchmarks

See 39,290 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,290 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$345K

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

250.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1525

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 codes2G2J

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.

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

$54K

$7662 / participant

Other / not subdivided$54K100.0%

% of EOY assets

10.446%

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

$32,090

$92,743-65.4%

$82,744-61.2%

$134,532-76.1%

Participation rate

71.4%

75.2%-3.8pp

72.6%-1.1pp

81.2%-9.8pp

Annual return

-17.05%

946.63%-963.7pp

702.22%-719.3pp

418.27%-435.3pp

Employer contribution / active EE

$2,288

$3,273-30.1%

$3,008-23.9%

$4,741-51.7%

Participant deferral / active EE

$1,914

$4,802-60.1%

$4,395-56.5%

$6,401-70.1%

Admin fee / account holder

$3,352

$5,977-43.9%

$5,325-37.0%

$11,429-70.7%

403(B) THRIFT PLAN OF SOCIAL HEALTH ASSOCIATION OF INDIANA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF SOCIAL HEALTH ASSOCIATION OF INDIANA, 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