Retirement plan

PATHWAYS INC RETIREMENT AND EMPLOYEE SAVINGS PLAN

Name: PATHWAYS INC. - PATHWAYS INC RETIREMENT AND EMPLOYEE SAVINGS PLAN (2023) Form 5500
Creator: PATHWAYS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PATHWAYS INC RETIREMENT AND EMPLOYEE SAVINGS PLAN, PATHWAYS INC.

PATHWAYS INC.EIN 52-1226817Plan #001PY 2023

PO BOX 129 - HOLLYWOOD, MD 206360129301-373-3065pathwaysinc.orgLinkedIn51-200 employeesmental health care

Prospect flagsHigh retiree %Low returns

Top hat statement on fileNQDC

Filed August 27, 2013 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$4.7M

+10.0% from 2022

Total participants

176

-15.8% from 2022

Average account balance

$26,818

+8.7% from 2022

Annual return

10.24%

+22.66 pp from 2022

Benchmarks

See 20,804 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,804 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.54M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

174

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.

53.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$227K

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

+8.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$50

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

1 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$15,443
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISORS FIN NET LLC Service code 27 · EIN 48-1305000	Advisory (Plan)	$5,150
ASCENSUS LLC1 year Filed as: FUTUREPLAN ADMINISTRATIVE Service code 13 101 W. BROADWAY · SAN DIEGO, CA 92101	Contract Administrator	$2,200
LINCOLN NATIONAL CORPORATION6 years Service code 13 · EIN 35-1140070	Contract Administrator	$950
MASSACHUSETTS MUTUAL LIFE INS. CO.6 years Filed as: MASSMUTUAL Service code 52 · EIN 04-1590850	Indirect Investment Fees	$0
URPC2 years Filed as: URPC - DUBLIN OH Service code 13 · EIN 25-1759623 PO BOX 734602 · CHICAGO, IL 606734602	Contract Administrator	$0

Plan features & details

Pension benefit codes2M2F2G2L3D2A

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$24K

$339 / participant

Other / not subdivided$24K100.0%

% of EOY assets

0.503%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MULLEN SONDBERG WIMBISH & STONE, PA
Auditor EIN: 521197902
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,818

$77,901-65.6%

$149,717-82.1%

$75,181-64.3%

Participation rate

100.0%

65.6%+34.4pp

78.8%+21.2pp

67.2%+32.8pp

Annual return

10.24%

31.73%-21.5pp

134.41%-124.2pp

160.69%-150.4pp

Employer contribution / active EE

$817

$3,137-73.9%

$4,820-83.0%

$2,671-69.4%

Participant deferral / active EE

$2,113

$3,411-38.1%

$5,682-62.8%

$4,126-48.8%

Admin fee / account holder

$135

$5,949-97.7%

$13,213-99.0%

$5,650-97.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$15,443

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO ADVISORS FIN NET LLC

Service code 27 · EIN 48-1305000

Advisory (Plan)

$5,150

ASCENSUS LLC1 year

Filed as: FUTUREPLAN ADMINISTRATIVE

Service code 13

101 W. BROADWAY · SAN DIEGO, CA 92101

Contract Administrator

$2,200

LINCOLN NATIONAL CORPORATION6 years

Service code 13 · EIN 35-1140070

Contract Administrator

$950

MASSACHUSETTS MUTUAL LIFE INS. CO.6 years

Filed as: MASSMUTUAL

Service code 52 · EIN 04-1590850

Indirect Investment Fees

URPC2 years

Filed as: URPC - DUBLIN OH

Service code 13 · EIN 25-1759623

PO BOX 734602 · CHICAGO, IL 606734602

Contract Administrator

PATHWAYS INC RETIREMENT AND EMPLOYEE SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PATHWAYS INC RETIREMENT AND EMPLOYEE SAVINGS PLAN

Top hat statement on fileNQDC

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