Retirement plan

403(B) THRIFT PLAN OF GUARDIANSHIP PROGRAM OF DADE COUNTY, INC.

Name: GUARDIANSHIP PROGRAM OF DADE COUNTY, INC. - 403(B) THRIFT PLAN OF GUARDIANSHIP PROGRAM OF DADE COUNTY, INC. (2022) Form 5500
Creator: GUARDIANSHIP PROGRAM OF DADE COUNTY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF GUARDIANSHIP PROGRAM OF DADE COUNTY, INC., GUARDIANSHIP PROGRAM OF DADE COUNTY, INC.

GUARDIANSHIP PROGRAM OF DADE COUNTY, INC.EIN 59-2124958Plan #002PY 2022

8300 NW 53RD ST STE 402 - MIAMI, FL 331667812305-592-7642guardianshipprogram.orgLinkedIn11-50 employeesindividual & family services

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.9M

-34.5% from 2021

Total participants

+17.6% from 2021

Average account balance

$37,541

-37.0% from 2021

Annual return

-15.57%

-26.64 pp from 2021

Benchmarks

See 19,706 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,706 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.23M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

133.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$250K

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

+17.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1611

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 codes2G3D2J2E2T

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

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

$1.1M

$17198 / participant

Other / not subdivided$1M100.0%

% of EOY assets

36.886%

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

$37,541

$73,848-49.2%

$143,799-73.9%

$68,486-45.2%

Participation rate

83.9%

66.7%+17.2pp

80.3%+3.6pp

67.9%+16.0pp

Annual return

-15.57%

0.91%-16.5pp

-0.04%-15.5pp

-7.85%-7.7pp

Employer contribution / active EE

$2,282

$3,184-28.3%

$4,952-53.9%

$2,597-12.1%

Participant deferral / active EE

$1,463

$3,385-56.8%

$5,638-74.1%

$4,028-63.7%

Admin fee / account holder

$13,847

$5,755+140.6%

$14,677-5.7%

$5,404+156.3%

403(B) THRIFT PLAN OF GUARDIANSHIP PROGRAM OF DADE COUNTY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF GUARDIANSHIP PROGRAM OF DADE COUNTY, 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