Retirement plan

403(B) THRIFT PLAN OF EVERGLADES AREA HEALTH EDUCATION CENTER, INC.

Name: EVERGLADES AREA HEALTH EDUCATION CE NTER, INC. - 403(B) THRIFT PLAN OF EVERGLADES AREA HEALTH EDUCATION CENTER, INC. (2016) Form 5500
Creator: EVERGLADES AREA HEALTH EDUCATION CE NTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF EVERGLADES AREA HEALTH EDUCATION CENTER, INC., EVERGLADES AREA HEALTH EDUCATION CE NTER, INC.

EVERGLADES AREA HEALTH EDUCATION CE NTER, INC.EIN 59-2740588Plan #001PY 2016

5725 CORPORATE WAY STE 102 - WEST PALM BEACH, FL 33407561-640-3620eahectobacco.comLinkedIn11-50 employeeshealth, wellness and fitness

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$917K

No prior year

Total participants

No prior year

Average account balance

$152,837

No prior year

Annual return

-0.25%

No prior year

Benchmarks

See 5,384 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,384 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.50M

Not enough data

1 years with asset history on file

Average account balance

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

$300K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+9.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25200

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 codes2L2T2F2G

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$207K

$34428 / participant

Other / not subdivided$207K100.0%

% of EOY assets

22.526%

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

$152,837

$65,712+132.6%

$57,196+167.2%

$273,972-44.2%

Participation rate

100.0%

78.3%+21.7pp

75.3%+24.7pp

83.0%+17.0pp

Annual return

-0.25%

22.01%-22.3pp

14.59%-14.8pp

41.46%-41.7pp

Employer contribution / active EE

$6,361

$3,280+93.9%

$2,683+137.1%

$4,869+30.6%

Participant deferral / active EE

$10,739

$3,782+184.0%

$3,096+246.8%

$5,287+103.1%

Admin fee / account holder

$34,428

$4,838+611.7%

$3,141+996.2%

$10,133+239.8%

403(B) THRIFT PLAN OF EVERGLADES AREA HEALTH EDUCATION CENTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF EVERGLADES AREA HEALTH EDUCATION CENTER, 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