Retirement plan

EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY FAMILY HEALTH CENTERS, INC.

Name: BROWARD COMMUNITY FAMILY HEALTH CENTERS, INC. - EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY FAMILY HEALTH CENTERS, INC. (2018) Form 5500
Creator: BROWARD COMMUNITY FAMILY HEALTH CENTERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY FAMILY HEALTH CENTERS, INC., BROWARD COMMUNITY FAMILY HEALTH CENTERS, INC.

BROWARD COMMUNITY FAMILY HEALTH CENTERS, INC.EIN 59-3489664Plan #001PY 2018

5010 HOLLYWOOD BLVD. - HOLLYWOOD, FL 330210000954-967-0028

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$914K

+17.4% from 2017

Total participants

101

-15.1% from 2017

Average account balance

$9,048

+23.2% from 2017

Annual return

-6.45%

-19.97 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.23M

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

173

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.

86.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$326K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$34K

$336 / participant

Other / not subdivided$34K100.0%

% of EOY assets

3.708%

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

$9,048

$47,977-81.1%

$154,111-94.1%

$56,287-83.9%

Participation rate

100.0%

66.2%+33.8pp

83.0%+17.0pp

69.9%+30.1pp

Annual return

-6.45%

3.54%-10.0pp

735.18%-741.6pp

-9.96%+3.5pp

Employer contribution / active EE

$532

$2,169-75.5%

$5,298-90.0%

$2,111-74.8%

Participant deferral / active EE

$1,630

$2,392-31.9%

$5,081-67.9%

$3,350-51.3%

Admin fee / account holder

$336

$438-23.4%

$13,411-97.5%

$521-35.6%

EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY FAMILY HEALTH CENTERS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF BROWARD COMMUNITY FAMILY HEALTH CENTERS, 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