Retirement plan

PHOENIX HOUSES OF THE MID-ATLANTIC, INC. 403(B) PLAN

Name: PHOENIX HOUSES OF THE MID-ATLANTIC, INC. - PHOENIX HOUSES OF THE MID-ATLANTIC, INC. 403(B) PLAN (2020) Form 5500
Creator: PHOENIX HOUSES OF THE MID-ATLANTIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHOENIX HOUSES OF THE MID-ATLANTIC, INC. 403(B) PLAN, PHOENIX HOUSES OF THE MID-ATLANTIC, INC.

PHOENIX HOUSES OF THE MID-ATLANTIC, INC.EIN 54-0805530Plan #001PY 2020

200 NORTH GLEBE ROAD, SUITE 104 - ARLINGTON, VA 22203703-841-0703

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4M

+35.5% from 2019

Total participants

155

-16.7% from 2019

Average account balance

$29,901

+46.7% from 2019

Annual return

18.32%

+18.32 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.30M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

178

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.

81.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$234

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 1 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION2+ years Service code 13 · EIN 35-1140070	Contract Administrator	$18,688

Plan features & details

Pension benefit codes2F2G2L2M2T3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$19K

$150 / participant

Contract admin$19K100.0%

% of EOY assets

0.470%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DIXON HUGHES GOODMAN LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,901

$58,888-49.2%

$178,499-83.2%

$73,493-59.3%

Participation rate

82.4%

66.2%+16.2pp

81.9%+0.5pp

70.7%+11.7pp

Annual return

18.32%

24.86%-6.5pp

151.10%-132.8pp

28.51%-10.2pp

Employer contribution / active EE

$3,866

$2,236+72.9%

$5,011-22.9%

$2,270+70.3%

Participant deferral / active EE

$2,543

$2,568-1.0%

$5,202-51.1%

$3,740-32.0%

Admin fee / account holder

$141

$400-64.9%

$13,986-99.0%

$513-72.6%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION2+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$18,688

PHOENIX HOUSES OF THE MID-ATLANTIC, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHOENIX HOUSES OF THE MID-ATLANTIC, INC. 403(B) 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