Retirement plan

DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF MIRIAM'S HOUSE, INC.

Name: MIRIAM'S HOUSE, INC. - DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF MIRIAM'S HOUSE, INC. (2024) Form 5500
Creator: MIRIAM'S HOUSE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF MIRIAM'S HOUSE, INC., MIRIAM'S HOUSE, INC.

MIRIAM'S HOUSE, INC.EIN 54-1606543Plan #001PY 2024

PO BOX 3196 - LYNCHBURG, VA 245030196434-847-1101miriamshouse.orgLinkedIn11-50 employeescivic & social organization

Other plans on this EIN

1 filing

#002Retirement-$518K assets

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$209K

+26.5% from 2023

Total participants

-10.0% from 2023

Average account balance

$23,244

+40.5% from 2023

Annual return

12.31%

-5.64 pp from 2023

Benchmarks

See 109,298 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,298 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$209K

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

225.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19

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 codes2G3D2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$170

$43 / participant

Other / not subdivided$170100.0%

% of EOY assets

0.081%

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

$23,244

$183,516-87.3%

$155,534-85.1%

$145,884-84.1%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

12.31%

61.43%-49.1pp

64.92%-52.6pp

551.85%-539.5pp

Employer contribution / active EE

$5,857

$5,315+10.2%

$4,675+25.3%

$4,662+25.6%

Participant deferral / active EE

$6,467-100.0%

$5,630-100.0%

$6,690-100.0%

Admin fee / account holder

$19

$19,293-99.9%

$15,900-99.9%

$13,392-99.9%

DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF MIRIAM'S HOUSE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF MIRIAM'S HOUSE, 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