Retirement plan

EMPLOYEE BENEFIT PLAN OF INDIANA FAMILY HEALTH COUNCIL

Name: INDIANA FAMILY HEALTH COUNCIL - EMPLOYEE BENEFIT PLAN OF INDIANA FAMILY HEALTH COUNCIL (2021) Form 5500
Creator: INDIANA FAMILY HEALTH COUNCIL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF INDIANA FAMILY HEALTH COUNCIL, INDIANA FAMILY HEALTH COUNCIL

INDIANA FAMILY HEALTH COUNCILEIN 35-1373319Plan #003PY 2021

151 N DELAWARE ST STE 520 - INDIANAPOLIS, IN 462042535317-247-9151ifhc.orgLinkedIn11-50 employeesgovernment administration

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+27.0% from 2020

Total participants

+69.2% from 2020

Average account balance

$58,764

-21.4% from 2020

Annual return

20.85%

+7.47 pp from 2020

Benchmarks

See 103,173 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,173 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.85M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

159.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

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

+14.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1322

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 codes2F2G2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

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

$50K

$3143 / participant

Other / not subdivided$50K100.0%

% of EOY assets

4.075%

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

$58,764

$217,432-73.0%

$185,851-68.4%

$167,553-64.9%

Participation rate

93.8%

86.1%+7.7pp

81.7%+12.0pp

82.1%+11.6pp

Annual return

20.85%

148.43%-127.6pp

122.11%-101.3pp

478.89%-458.0pp

Employer contribution / active EE

$3,295

$5,874-43.9%

$5,168-36.3%

$4,840-31.9%

Participant deferral / active EE

$3,555

$6,357-44.1%

$5,569-36.2%

$6,343-44.0%

Admin fee / account holder

$2,395

$19,820-87.9%

$16,245-85.3%

$12,316-80.6%

EMPLOYEE BENEFIT PLAN OF INDIANA FAMILY HEALTH COUNCIL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF INDIANA FAMILY HEALTH COUNCIL

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