Retirement plan

OUNCE OF PREVENTION FUND OF FLORIDA, INC. 403(B) PLAN

Name: OUNCE OF PREVENTION FUND OF FLORIDA, INC. - OUNCE OF PREVENTION FUND OF FLORIDA, INC. 403(B) PLAN (2021) Form 5500
Creator: OUNCE OF PREVENTION FUND OF FLORIDA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OUNCE OF PREVENTION FUND OF FLORIDA, INC. 403(B) PLAN, OUNCE OF PREVENTION FUND OF FLORIDA, INC.

OUNCE OF PREVENTION FUND OF FLORIDA, INC.EIN 59-2908367Plan #001PY 2021

111 NORTH GADSDEN STREET, SUITE 200 - TALLAHASSEE, FL 323011507850-921-4494ounce.orgLinkedIn11-50 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.1M

+11.8% from 2020

Total participants

-4.2% from 2020

Average account balance

$134,864

+19.3% from 2020

Annual return

19.29%

+16.19 pp from 2020

Benchmarks

See 18,803 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,803 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.16M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

131.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$347K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4666

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 codes2E2F2G2M2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

$757K

$22268 / participant

Other / not subdivided$757K100.0%

% of EOY assets

12.475%

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

$134,864

$95,415+41.3%

$185,851-27.4%

$85,851+57.1%

Participation rate

97.1%

68.8%+28.3pp

81.7%+15.4pp

69.3%+27.7pp

Annual return

19.29%

23.59%-4.3pp

122.11%-102.8pp

318.63%-299.3pp

Employer contribution / active EE

$5,676

$3,314+71.3%

$5,168+9.8%

$2,565+121.3%

Participant deferral / active EE

$4,587

$3,424+34.0%

$5,569-17.6%

$3,952+16.1%

Admin fee / account holder

$16,825

$7,215+133.2%

$16,245+3.6%

$6,261+168.7%

OUNCE OF PREVENTION FUND OF FLORIDA, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OUNCE OF PREVENTION FUND OF FLORIDA, INC. 403(B) PLAN

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