Retirement plan

403(B) THRIFT PLAN OF PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, INC.

Name: PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, INC. - 403(B) THRIFT PLAN OF PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, INC. (2022) Form 5500
Creator: PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, INC., PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, INC.

PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, INC.EIN 52-1847976Plan #001PY 2022

8757 GEORGIA AVE FLOOR 10 - SILVER SPRING, MD 20910301-628-3436LinkedIn51-200 employeesgovernment administration

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$3.8M

-5.6% from 2021

Total participants

115

+5.5% from 2021

Average account balance

$34,527

-9.1% from 2021

Annual return

-14.35%

-46.11 pp from 2021

Benchmarks

See 19,709 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,709 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.33M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

106

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$594K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$277

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP2 years Service code 12 · EIN 93-1253576	Claims processing; Recordkeeping and ...	$22,016
SECURITIES AMERICA INC2 years Filed as: US SECURITIES, INC. Service code 27 · EIN 06-1493970	Advisory (Plan)	$10,307

Plan features & details

Pension benefit codes2L2M2S2T

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$32K

$443 / participant

Contract admin$32K100.0%

% of EOY assets

0.851%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GELMAN, ROSENBERG & FREEDMAN, PC
Auditor EIN: 521392008
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,527

$73,839-53.2%

$143,788-76.0%

$68,495-49.6%

Participation rate

93.2%

66.7%+26.5pp

80.3%+12.8pp

67.9%+25.3pp

Annual return

-14.35%

1.01%-15.4pp

-0.03%-14.3pp

-7.84%-6.5pp

Employer contribution / active EE

$2,088

$3,184-34.4%

$4,952-57.8%

$2,596-19.6%

Participant deferral / active EE

$3,696

$3,384+9.2%

$5,638-34.4%

$4,028-8.2%

Admin fee / account holder

$294

$5,755-94.9%

$14,675-98.0%

$5,403-94.6%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP2 years

Service code 12 · EIN 93-1253576

Claims processing; Recordkeeping and ...

$22,016

SECURITIES AMERICA INC2 years

Filed as: US SECURITIES, INC.

Service code 27 · EIN 06-1493970

Advisory (Plan)

$10,307

403(B) THRIFT PLAN OF PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF PRIMARY CARE COALITION OF MONTGOMERY COUNTY, MD, 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