Retirement plan

403(B) THRIFT PLAN OF SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATED

Name: SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INC. - 403(B) THRIFT PLAN OF SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATED (2025) Form 5500
Creator: SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATED, SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INC.

SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INC.EIN 59-3380599Plan #001PY 2025

7205 CORPORATE CENTER DR STE 200 - MIAMI, FL 331261228305-858-3335sfbhn.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.9M

+0.3% from 2024

Total participants

-6.6% from 2024

Average account balance

$63,317

+11.9% from 2024

Annual return

9.99%

-8.37 pp from 2024

Benchmarks

See 8,256 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort8,256 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.94M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

159.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$447K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+9.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11829

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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 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.
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

$923K

$18829 / participant

Other / not subdivided$923K100.0%

% of EOY assets

18.682%

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

$63,317

$78,690-19.5%

$161,489-60.8%

$87,485-27.6%

Participation rate

85.7%

67.5%+18.2pp

78.7%+7.0pp

68.9%+16.8pp

Annual return

9.99%

32.74%-22.8pp

89.72%-79.7pp

26.06%-16.1pp

Employer contribution / active EE

$5,620

$2,588+117.1%

$4,268+31.7%

$2,596+116.5%

Participant deferral / active EE

$3,511

$3,311+6.0%

$5,630-37.6%

$4,274-17.8%

Admin fee / account holder

$11,829

$6,724+75.9%

$16,006-26.1%

$7,775+52.1%

403(B) THRIFT PLAN OF SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATED

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATED

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