Retirement plan

EMPLOYEE BENEFIT PLAN OF HEALTH COUNCIL OF SOUTH FLORIDA INC

Name: HEALTH COUNCIL OF SOUTH FLORIDA IN C - EMPLOYEE BENEFIT PLAN OF HEALTH COUNCIL OF SOUTH FLORIDA INC (2017) Form 5500
Creator: HEALTH COUNCIL OF SOUTH FLORIDA IN C
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF HEALTH COUNCIL OF SOUTH FLORIDA INC, HEALTH COUNCIL OF SOUTH FLORIDA IN C

HEALTH COUNCIL OF SOUTH FLORIDA IN CEIN 59-2268478Plan #002PY 2017

7875 NW 12TH ST STE 118 - DORAL, FL 331261815305-592-1452healthcouncil.orgLinkedIn11-50 employeeshealth, wellness and fitness

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$659K

No prior year

Total participants

No prior year

Average account balance

$34,694

No prior year

Annual return

13.62%

+114.25 pp from 2016

Benchmarks

See 114,324 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,324 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$350K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

271.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

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

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1024

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 codes2F2T3D

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).
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

$198K

$33074 / participant

Other / not subdivided$198K100.0%

% of EOY assets

30.104%

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

$34,694

$150,447-76.9%

$136,298-74.5%

$147,586-76.5%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

13.62%

1049.15%-1035.5pp

5156.27%-5142.6pp

578.59%-565.0pp

Employer contribution / active EE

$5,364

$5,256+2.0%

$4,696+14.2%

$4,876+10.0%

Participant deferral / active EE

$2,644

$6,631-60.1%

$6,247-57.7%

$5,439-51.4%

Admin fee / account holder

$10,444

$10,906-4.2%

$9,244+13.0%

$10,886-4.1%

EMPLOYEE BENEFIT PLAN OF HEALTH COUNCIL OF SOUTH FLORIDA INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF HEALTH COUNCIL OF SOUTH FLORIDA 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