Retirement plan

EMPLOYEE BENEFIT PLAN OF FLORIDA ASSOCIATION OF REHABILITATION FACILITIES,

Name: FLORIDA ASSOCIATION OF REHABILITATION FACILITIES, INC. - EMPLOYEE BENEFIT PLAN OF FLORIDA ASSOCIATION OF REHABILITATION FACILITIES, (2016) Form 5500
Creator: FLORIDA ASSOCIATION OF REHABILITATION FACILITIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF FLORIDA ASSOCIATION OF REHABILITATION FACILITIES,, FLORIDA ASSOCIATION OF REHABILITATION FACILITIES, INC.

FLORIDA ASSOCIATION OF REHABILITATION FACILITIES, INC.EIN 59-1640418Plan #001PY 2016

2475 APALACHEE PKWY STE 205 - TALLAHASSEE, FL 32301850-877-4816fadcentral.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

No prior year

Total participants

No prior year

Average account balance

$59,992

No prior year

Annual return

9.98%

No prior year

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.77M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

192.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$552

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 codes2E2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$418K

$26144 / participant

Other / not subdivided$418K100.0%

% of EOY assets

29.052%

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

$59,992

$90,486-33.7%

$78,676-23.7%

$273,972-78.1%

Participation rate

81.3%

76.5%+4.7pp

73.6%+7.7pp

83.0%-1.8pp

Annual return

9.98%

75.62%-65.6pp

62.19%-52.2pp

41.46%-31.5pp

Employer contribution / active EE

$2,795

$3,175-12.0%

$2,850-1.9%

$4,869-42.6%

Participant deferral / active EE

$4,628

$3,901+18.6%

$3,517+31.6%

$5,287-12.5%

Admin fee / account holder

$17,429

$5,263+231.1%

$4,510+286.5%

$10,133+72.0%

EMPLOYEE BENEFIT PLAN OF FLORIDA ASSOCIATION OF REHABILITATION FACILITIES,

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF FLORIDA ASSOCIATION OF REHABILITATION FACILITIES,

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