Retirement plan

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

Name: SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATED - 403(B) THRIFT PLAN OF SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATED (2018) Form 5500
Creator: SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATED
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, INCORPORATED

SOUTH FLORIDA BEHAVIORAL HEALTH NETWORK, INCORPORATEDEIN 59-3380599Plan #001PY 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+28.7% from 2017

Total participants

+11.9% from 2017

Average account balance

$30,715

+27.0% from 2017

Annual return

13.99%

-0.22 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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 codes2F2S2T

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).
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.

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

$29K

$669 / participant

Other / not subdivided$29K100.0%

% of EOY assets

1.282%

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

$30,715

$75,962-59.6%

$154,108-80.1%

$64,173-52.1%

Participation rate

95.3%

70.4%+24.9pp

83.0%+12.3pp

69.6%+25.8pp

Annual return

13.99%

30.32%-16.3pp

735.21%-721.2pp

7.63%+6.4pp

Employer contribution / active EE

$3,345

$3,350-0.1%

$5,298-36.9%

$2,381+40.5%

Participant deferral / active EE

$3,270

$3,175+3.0%

$5,081-35.6%

$3,470-5.8%

Admin fee / account holder

$394

$5,589-93.0%

$13,411-97.1%

$4,887-91.9%

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