Retirement plan

403(B)THRIFT PLAN OF HEALTH BRIGADE

Name: HEALTH BRIGADE - 403(B)THRIFT PLAN OF HEALTH BRIGADE (2024) Form 5500
Creator: HEALTH BRIGADE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B)THRIFT PLAN OF HEALTH BRIGADE, HEALTH BRIGADE

HEALTH BRIGADEEIN 54-0927792Plan #001PY 2024

1010 N THOMPSON ST - RICHMOND, VA 232304924804-358-6343

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+13.9% from 2023

Total participants

-1.4% from 2023

Average account balance

$19,893

+17.4% from 2023

Annual return

15.00%

-3.50 pp from 2023

Benchmarks

See 10,668 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,668 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.29M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

151.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$159K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2642

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 codes2G3D2J

Plan features

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$172K

$3994 / participant

Other / not subdivided$172K100.0%

% of EOY assets

13.281%

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

$19,893

$58,258-65.9%

$81,820-75.7%

$80,925-75.4%

Participation rate

88.4%

63.5%+24.9pp

72.4%+16.0pp

67.7%+20.7pp

Annual return

15.00%

41.76%-26.8pp

777.93%-762.9pp

35.65%-20.6pp

Employer contribution / active EE

$1,648

$2,345-29.7%

$2,915-43.5%

$2,756-40.2%

Participant deferral / active EE

$2,052

$3,284-37.5%

$4,323-52.5%

$4,299-52.3%

Admin fee / account holder

$2,642

$4,976-46.9%

$7,391-64.3%

$6,940-61.9%

403(B)THRIFT PLAN OF HEALTH BRIGADE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B)THRIFT PLAN OF HEALTH BRIGADE

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