Retirement plan

AMERICAN ASSOC FOR PHYSICIAN LEADERSHIP 403(B)

Name: AMERICAN ASSOCIATION FOR PHYSICIAN LEADERSHI - AMERICAN ASSOC FOR PHYSICIAN LEADERSHIP 403(B) (2024) Form 5500
Creator: AMERICAN ASSOCIATION FOR PHYSICIAN LEADERSHI
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN ASSOC FOR PHYSICIAN LEADERSHIP 403(B), AMERICAN ASSOCIATION FOR PHYSICIAN LEADERSHI

AMERICAN ASSOCIATION FOR PHYSICIAN LEADERSHIEIN 54-1032555Plan #001PY 2024

P.O BOX 96503, BMB 97493 - WASHINGTON, DC 200906503813-636-2805physicianleaders.orgLinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+24.6% from 2023

Total participants

+10.0% from 2023

Average account balance

$53,428

+24.6% from 2023

Annual return

13.89%

-3.31 pp from 2023

Benchmarks

See 4,471 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,471 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.03M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

122.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$227K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1830

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 codes2M3D2G2F2T

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.
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

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

$70K

$2244 / participant

Other / not subdivided$70K100.0%

% of EOY assets

3.426%

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

$53,428

$48,327+10.6%

$67,575-20.9%

$80,935-34.0%

Participation rate

80.6%

66.4%+14.2pp

72.9%+7.7pp

67.7%+13.0pp

Annual return

13.89%

18.31%-4.4pp

3528.98%-3515.1pp

35.66%-21.8pp

Employer contribution / active EE

$1,143

$2,022-43.5%

$2,736-58.2%

$2,757-58.6%

Participant deferral / active EE

$6,182

$2,927+111.2%

$4,003+54.4%

$4,299+43.8%

Admin fee / account holder

$1,830

$3,692-50.4%

$3,993-54.2%

$6,924-73.6%

AMERICAN ASSOC FOR PHYSICIAN LEADERSHIP 403(B)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN ASSOC FOR PHYSICIAN LEADERSHIP 403(B)

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