Retirement plan

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

Name: SOCIAL HEALTH ASSOCIATION OF I - 403(B) THRIFT PLAN FOR EMPLOYEES OF SOCIAL HEALTH ASSOCIATION OF INDIANA, INC. (2024) 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 FOR EMPLOYEES OF SOCIAL HEALTH ASSOCIATION OF INDIANA, INC., SOCIAL HEALTH ASSOCIATION OF I

SOCIAL HEALTH ASSOCIATION OF IEIN 35-0869056Plan #002PY 2024

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)

$345K

+11.3% from 2023

Total participants

-5.9% from 2023

Average account balance

$22,993

-3.5% from 2023

Annual return

13.82%

+1.13 pp from 2023

Benchmarks

See 50,062 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,062 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$311K

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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

$19K

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

+10.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5989

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

$23K

$3813 / participant

Other / not subdivided$23K100.0%

% of EOY assets

6.633%

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

$22,993

$88,702-74.1%

$81,780-71.9%

$145,978-84.2%

Participation rate

83.3%

75.0%+8.3pp

72.4%+11.0pp

80.3%+3.0pp

Annual return

13.82%

1029.12%-1015.3pp

776.27%-762.4pp

550.52%-536.7pp

Employer contribution / active EE

$1,468

$3,084-52.4%

$2,914-49.6%

$4,662-68.5%

Participant deferral / active EE

$1,042

$4,645-77.6%

$4,321-75.9%

$6,690-84.4%

Admin fee / account holder

$1,525

$8,414-81.9%

$7,384-79.3%

$13,400-88.6%

403(B) THRIFT PLAN FOR EMPLOYEES 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 FOR EMPLOYEES 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