Retirement plan

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

Name: GUARDIANSHIP PROGRAM OF DADE - 403(B) THRIFT PLAN FOR EMPLOYEES OF GUARDIANSHIP PROGRAM OF DADE COUNTY, INC. (2023) Form 5500
Creator: GUARDIANSHIP PROGRAM OF DADE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF GUARDIANSHIP PROGRAM OF DADE COUNTY, INC., GUARDIANSHIP PROGRAM OF DADE

GUARDIANSHIP PROGRAM OF DADEEIN 59-2124958Plan #002PY 2023

8200 NW 33RD STREET SUITE 400 - DORAL, FL 33122305-592-7642guardianshipprogram.orgLinkedIn11-50 employeesindividual & family services

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.5M

+20.5% from 2022

Total participants

-9.2% from 2022

Average account balance

$44,657

+19.0% from 2022

Annual return

18.52%

+34.09 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

$213K

$3602 / participant

Other / not subdivided$213K100.0%

% of EOY assets

6.101%

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

$44,657

$77,908-42.7%

$149,696-70.2%

$75,173-40.6%

Participation rate

98.3%

65.6%+32.7pp

78.8%+19.5pp

67.2%+31.1pp

Annual return

18.52%

31.73%-13.2pp

134.46%-115.9pp

160.72%-142.2pp

Employer contribution / active EE

$2,844

$3,138-9.4%

$4,821-41.0%

$2,671+6.5%

Participant deferral / active EE

$1,726

$3,411-49.4%

$5,682-69.6%

$4,126-58.2%

Admin fee / account holder

$2,725

$5,950-54.2%

$13,212-79.4%

$5,651-51.8%

403(B) THRIFT PLAN FOR EMPLOYEES 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 FOR EMPLOYEES 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