Retirement plan

ARCHBOLD MEDICAL CENTER, INC. 403(B) EMPLOYEES THRIFT PLAN

Name: ARCHBOLD MEDICAL CENTER, INC. - ARCHBOLD MEDICAL CENTER, INC. 403(B) EMPLOYEES THRIFT PLAN (2023) Form 5500
Creator: ARCHBOLD MEDICAL CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARCHBOLD MEDICAL CENTER, INC. 403(B) EMPLOYEES THRIFT PLAN, ARCHBOLD MEDICAL CENTER, INC.

ARCHBOLD MEDICAL CENTER, INC.EIN 58-0566121Plan #002PY 2023

900 CAIRO RD - THOMASVILLE, GA 31792229-227-5049

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$190.8M

+12.3% from 2022

Total participants

3,687

+6.4% from 2022

Average account balance

$54,496

+9.5% from 2022

Annual return

14.18%

+26.91 pp from 2022

Benchmarks

See 1,406 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,406 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$205.86M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

3,616

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63

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

Top 2 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS9+ years Service code 12 · EIN 13-3689044	Investment management; Recordkeeping ...	$209,961
CHARLES SCHWAB & CO., INC.9+ years Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$974

Plan features & details

Pension benefit codes2F2G2L2M2R2S2T3H

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$211K

$73 / participant

Recordkeeping$210K99.5%
Investment mgmt$9740.5%

% of EOY assets

0.111%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DRAFFIN & TUCKER LLP
Auditor EIN: 580914992
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,496

$50,151+8.7%

$149,696-63.6%

$80,157-32.0%

Participation rate

93.5%

64.3%+29.3pp

78.8%+14.8pp

72.9%+20.6pp

Annual return

14.18%

29.80%-15.6pp

134.46%-120.3pp

40.39%-26.2pp

Employer contribution / active EE

$1,786

$1,867-4.3%

$4,821-63.0%

$2,977-40.0%

Participant deferral / active EE

$2,902

$3,194-9.2%

$5,682-48.9%

$5,015-42.1%

Admin fee / account holder

$60

$153-60.5%

$13,212-99.5%

$145-58.4%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS9+ years

Service code 12 · EIN 13-3689044

Investment management; Recordkeeping ...

$209,961

CHARLES SCHWAB & CO., INC.9+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$974

ARCHBOLD MEDICAL CENTER, INC. 403(B) EMPLOYEES THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARCHBOLD MEDICAL CENTER, INC. 403(B) EMPLOYEES THRIFT 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