Retirement plan

CLAIBORNE COUNTY FAMILY HEALTH CENTER RETIREMENT P LAN

Name: CLAIBORNE COUNTY FAMILY HEALTH CENT ER - CLAIBORNE COUNTY FAMILY HEALTH CENTER RETIREMENT P LAN (2022) Form 5500
Creator: CLAIBORNE COUNTY FAMILY HEALTH CENT ER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLAIBORNE COUNTY FAMILY HEALTH CENTER RETIREMENT P LAN, CLAIBORNE COUNTY FAMILY HEALTH CENT ER

CLAIBORNE COUNTY FAMILY HEALTH CENT EREIN 64-0651149Plan #003PY 2022

2045 HIGHWAY 61 NORTH - PORT GIBSON, MS 39150601-437-3050LinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$180K assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+2.1% from 2021

Total participants

+6.8% from 2021

Average account balance

$27,356

-10.9% from 2021

Annual return

-16.78%

-38.79 pp from 2021

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.12M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

160.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$262K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+9.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3345

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 codes2C2F2G3D2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.)
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

$43K

$1396 / participant

Other / not subdivided$43K100.0%

% of EOY assets

3.367%

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

$27,356

$73,863-63.0%

$143,797-81.0%

$68,490-60.1%

Participation rate

100.0%

66.7%+33.3pp

80.3%+19.7pp

67.9%+32.1pp

Annual return

-16.78%

0.91%-17.7pp

-0.04%-16.7pp

-7.85%-8.9pp

Employer contribution / active EE

$5,784

$3,185+81.6%

$4,952+16.8%

$2,597+122.7%

Participant deferral / active EE

$3,247

$3,385-4.1%

$5,638-42.4%

$4,028-19.4%

Admin fee / account holder

$921

$5,756-84.0%

$14,679-93.7%

$5,403-83.0%

CLAIBORNE COUNTY FAMILY HEALTH CENTER RETIREMENT P LAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLAIBORNE COUNTY FAMILY HEALTH CENTER RETIREMENT P LAN

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