Retirement plan

IFCC 403B RETIREMENT PLAN

Name: INSTITUTE FOR PATIENT- AND FAMILY-CENTERED CARE - IFCC 403B RETIREMENT PLAN (2018) Form 5500
Creator: INSTITUTE FOR PATIENT- AND FAMILY-CENTERED CARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IFCC 403B RETIREMENT PLAN, INSTITUTE FOR PATIENT- AND FAMILY-CENTERED CARE

INSTITUTE FOR PATIENT- AND FAMILY-CENTERED CAREEIN 52-1777133Plan #001PY 2018

6917 ARLINGTON ROAD, SUITE 309 - BETHESDA, MD 20814301-652-0281ipfcc.orgLinkedIn11-50 employeeshospital & health care

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$245K

-54.7% from 2017

Total participants

+7.7% from 2017

Average account balance

$18,834

-72.1% from 2017

Annual return

-3.48%

-17.18 pp from 2017

Benchmarks

See 105,561 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,561 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$796K

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+20.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2M2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$350K

$29166 / participant

Other / not subdivided$350K100.0%

% of EOY assets

142.943%

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

$18,834

$180,462-89.6%

$154,111-87.8%

$135,379-86.1%

Participation rate

91.7%

87.4%+4.2pp

83.0%+8.6pp

82.6%+9.0pp

Annual return

-3.48%

888.17%-891.7pp

735.18%-738.7pp

519.79%-523.3pp

Employer contribution / active EE

$2,250

$6,036-62.7%

$5,298-57.5%

$4,779-52.9%

Participant deferral / active EE

$3,804

$5,806-34.5%

$5,081-25.1%

$5,609-32.2%

Admin fee / account holder

$26,922

$16,145+66.8%

$13,411+100.7%

$10,828+148.6%

IFCC 403B RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IFCC 403B RETIREMENT 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