Retirement plan

403(B) THRIFT PLAN OF TENNESSEE PRIMARY CARE ASSOCIATION

Name: TENNESSEE PRIMARY CARE ASSOCIATION - 403(B) THRIFT PLAN OF TENNESSEE PRIMARY CARE ASSOCIATION (2016) Form 5500
Creator: TENNESSEE PRIMARY CARE ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF TENNESSEE PRIMARY CARE ASSOCIATION, TENNESSEE PRIMARY CARE ASSOCIATION

TENNESSEE PRIMARY CARE ASSOCIATIONEIN 62-1036411Plan #001PY 2016

710 SPENCE LN - NASHVILLE, TN 37217615-329-3836tnpca.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$757K

+13.6% from 2015

Total participants

+5.6% from 2015

Average account balance

$42,053

+13.6% from 2015

Annual return

8.28%

+9.47 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.12M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

178.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$175K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2237

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 codes2L2S2T

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$59K

$4197 / participant

Other / not subdivided$59K100.0%

% of EOY assets

7.763%

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

$42,053

$181,896-76.9%

$156,551-73.1%

$273,972-84.7%

Participation rate

92.9%

88.4%+4.5pp

84.0%+8.8pp

83.0%+9.8pp

Annual return

8.28%

30.74%-22.5pp

32.23%-23.9pp

41.46%-33.2pp

Employer contribution / active EE

$3,759

$6,248-39.8%

$5,501-31.7%

$4,869-22.8%

Participant deferral / active EE

$2,947

$5,550-46.9%

$4,871-39.5%

$5,287-44.3%

Admin fee / account holder

$3,264

$15,560-79.0%

$13,028-74.9%

$10,133-67.8%

403(B) THRIFT PLAN OF TENNESSEE PRIMARY CARE ASSOCIATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF TENNESSEE PRIMARY CARE ASSOCIATION

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