Retirement plan

403(B) THRIFT PLAN OF THE DELAWARE ACADEMY OF MEDICINE, INC.

Name: THE DELAWARE ACADEMY OF MEDICINE, INC. - 403(B) THRIFT PLAN OF THE DELAWARE ACADEMY OF MEDICINE, INC. (2018) Form 5500
Creator: THE DELAWARE ACADEMY OF MEDICINE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF THE DELAWARE ACADEMY OF MEDICINE, INC., THE DELAWARE ACADEMY OF MEDICINE, INC.

THE DELAWARE ACADEMY OF MEDICINE, INC.EIN 51-0075162Plan #003PY 2018

4765 OGLETOWN STANTON RD STE L10 - NEWARK, DE 197138004302-733-3900

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$295K

+2.3% from 2017

Total participants

0.0% from 2017

Average account balance

$42,084

+2.3% from 2017

Annual return

-3.98%

-11.17 pp from 2017

Benchmarks

See 5,836 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,836 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$340K

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$35K

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

-37.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$191

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 codes2F2L2G

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$72

$24 / participant

Other / not subdivided$72100.0%

% of EOY assets

0.024%

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

$42,084

$69,541-39.5%

$59,899-29.7%

$135,380-68.9%

Participation rate

100.0%

77.8%+22.2pp

74.7%+25.3pp

82.6%+17.4pp

Annual return

-3.98%

7.95%-11.9pp

3.46%-7.4pp

519.81%-523.8pp

Employer contribution / active EE

$3,208

$3,236-0.9%

$2,723+17.8%

$4,779-32.9%

Participant deferral / active EE

$2,810

$4,206-33.2%

$3,402-17.4%

$5,609-49.9%

Admin fee / account holder

$10

$5,737-99.8%

$3,592-99.7%

$10,828-99.9%

403(B) THRIFT PLAN OF THE DELAWARE ACADEMY OF MEDICINE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF THE DELAWARE ACADEMY OF MEDICINE, 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