Retirement plan

PCRM RETIREMENT SAVINGS PLAN

Name: PHYSICIANS COMMITTEE FOR RESPONSIBLE MEDICINE - PCRM RETIREMENT SAVINGS PLAN (2022) 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 2022

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

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$7.5M

-12.3% from 2021

Total participants

122

+5.2% from 2021

Average account balance

$74,580

-19.3% from 2021

Annual return

-11.66%

-30.35 pp from 2021

Benchmarks

See 9,363 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,363 peers

Snapshot2022

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$825K

$8781 / participant

Other / not subdivided$825K100.0%

% of EOY assets

10.958%

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

$74,580

$54,355+37.2%

$82,744-9.9%

$68,486+8.9%

Participation rate

77.7%

63.9%+13.7pp

72.6%+5.1pp

67.9%+9.8pp

Annual return

-11.66%

-13.67%+2.0pp

702.22%-713.9pp

-7.85%-3.8pp

Employer contribution / active EE

$1,639

$2,219-26.1%

$3,008-45.5%

$2,597-36.9%

Participant deferral / active EE

$6,548

$3,246+101.7%

$4,395+49.0%

$4,028+62.6%

Admin fee / account holder

$8,172

$4,397+85.9%

$5,325+53.5%

$5,404+51.2%

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