Retirement plan

PCRM RETIREMENT SAVINGS PLAN

Name: PHYSICIANS COMMITTEE FOR RESPONSIBLE MEDICINE - PCRM RETIREMENT SAVINGS PLAN (2021) Form 5500
Creator: PHYSICIANS COMMITTEE FOR RESPONSIBLE MEDICINE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PCRM RETIREMENT SAVINGS PLAN, PHYSICIANS COMMITTEE FOR RESPONSIBLE MEDICINE

PHYSICIANS COMMITTEE FOR RESPONSIBLE MEDICINEEIN 52-1394893Plan #002PY 2021

5100 WISCONSIN AVE NW STE 400 - WASHINGTON, DC 20016202-621-5591pcrm.orgLinkedIn51-200 employeeshealth, wellness and fitness

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.6M

+22.6% from 2020

Total participants

116

+5.5% from 2020

Average account balance

$92,360

+23.9% from 2020

Annual return

18.69%

+2.21 pp from 2020

Benchmarks

See 8,923 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,923 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.68M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

112

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.

103.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$919K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1890

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 codes2F2G2L2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

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

$421K

$4731 / participant

Other / not subdivided$421K100.0%

% of EOY assets

4.902%

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

$92,360

$65,423+41.2%

$98,477-6.2%

$85,856+7.6%

Participation rate

74.2%

65.0%+9.2pp

73.3%+0.8pp

69.3%+4.8pp

Annual return

18.69%

21.76%-3.1pp

1493.59%-1474.9pp

318.58%-299.9pp

Employer contribution / active EE

$1,582

$2,168-27.1%

$2,961-46.6%

$2,565-38.3%

Participant deferral / active EE

$6,204

$3,167+95.9%

$4,276+45.1%

$3,952+57.0%

Admin fee / account holder

$4,527

$4,594-1.4%

$5,951-23.9%

$6,261-27.7%

PCRM RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PCRM RETIREMENT SAVINGS PLAN

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