Retirement plan

LINCOLN PRIMARY CARE CENTER, INC. 403(B) DEFINED CONTRIBUTION PLAN

Name: LINCOLN COUNTY PRIMARY CARE CENTER, INC. - LINCOLN PRIMARY CARE CENTER, INC. 403(B) DEFINED CONTRIBUTION PLAN (2015) Form 5500
Creator: LINCOLN COUNTY PRIMARY CARE CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LINCOLN PRIMARY CARE CENTER, INC. 403(B) DEFINED CONTRIBUTION PLAN, LINCOLN COUNTY PRIMARY CARE CENTER, INC.

LINCOLN COUNTY PRIMARY CARE CENTER, INC.EIN 55-0552212Plan #001PY 2015

7400 LYNN AVENUE - HAMLIN, WV 25523304-824-5806

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.9M

No prior year

Total participants

108

No prior year

Average account balance

$45,576

No prior year

Annual return

9.93%

No prior year

Benchmarks

See 896 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Cohort896 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.63M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

269

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.

72.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.06M

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

+12.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2L3D

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

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

$56K

Other / not subdivided$56K100.0%

% of EOY assets

1.140%

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

$45,576

$284,329-84.0%

$147,617-69.1%

Participation rate

0.0%

62.7%-62.7pp

84.6%-84.6pp

Annual return

9.93%

0.73%+9.2pp

61.98%-52.1pp

Employer contribution / active EE

$2,124-100.0%

$5,564-100.0%

Participant deferral / active EE

$1,895-100.0%

$4,895-100.0%

Admin fee / account holder

$520

$35,034-98.5%

$11,612-95.5%

LINCOLN PRIMARY CARE CENTER, INC. 403(B) DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LINCOLN PRIMARY CARE CENTER, INC. 403(B) DEFINED CONTRIBUTION 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