Retirement plan

FAMILY HEALTH CLINIC INC 401K PROFIT SHARING PLAN

Name: FAMILY HEALTH CLINIC INC - FAMILY HEALTH CLINIC INC 401K PROFIT SHARING PLAN (2019) Form 5500
Creator: FAMILY HEALTH CLINIC INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAMILY HEALTH CLINIC INC 401K PROFIT SHARING PLAN, FAMILY HEALTH CLINIC INC

FAMILY HEALTH CLINIC INCEIN 54-0921950Plan #001PY 2019

600 RANDOLPH STREET - RADFORD, VA 24141540-639-5300

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$890K

+18.3% from 2018

Total participants

+5.9% from 2018

Average account balance

$52,366

+18.3% from 2018

Annual return

12.57%

+11.28 pp from 2018

Benchmarks

See 104,307 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,307 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.28M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+21.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3717

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$380 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.427%

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

$52,366

$202,342-74.1%

$172,752-69.7%

$152,897-65.8%

Participation rate

90.0%

87.1%+2.9pp

82.6%+7.4pp

82.5%+7.5pp

Annual return

12.57%

1029.83%-1017.3pp

802.97%-790.4pp

345.43%-332.9pp

Employer contribution / active EE

$2,666

$5,858-54.5%

$5,144-48.2%

$4,764-44.0%

Participant deferral / active EE

$1,800

$5,948-69.7%

$5,198-65.4%

$5,851-69.2%

Admin fee / account holder

$224

$17,111-98.7%

$13,955-98.4%

$11,599-98.1%

FAMILY HEALTH CLINIC INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAMILY HEALTH CLINIC INC 401K PROFIT SHARING 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