Retirement plan

TEMPLE MEMORIAL PEDIATRIC CENTER, INC. 403(B) SAVINGS PLAN

Name: TEMPLE MEMORIAL PEDIATRIC CENTER, INC. - TEMPLE MEMORIAL PEDIATRIC CENTER, INC. 403(B) SAVINGS PLAN (2023) Form 5500
Creator: TEMPLE MEMORIAL PEDIATRIC CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEMPLE MEMORIAL PEDIATRIC CENTER, INC. 403(B) SAVINGS PLAN, TEMPLE MEMORIAL PEDIATRIC CENTER, INC.

TEMPLE MEMORIAL PEDIATRIC CENTER, INC.EIN 71-0259137Plan #001PY 2023

1710 MOORES LN - TEXARKANA, TX 755031858903-794-2705templememorialpediatric.comLinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+19.7% from 2022

Total participants

-13.0% from 2022

Average account balance

$36,861

+26.7% from 2022

Annual return

15.22%

+31.51 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.71M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$123K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$374

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 codes2F2G2L2M2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$50K

$1716 / participant

Other / not subdivided$50K100.0%

% of EOY assets

3.970%

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

$36,861

$77,908-52.7%

$149,696-75.4%

$75,173-51.0%

Participation rate

79.3%

65.6%+13.7pp

78.8%+0.5pp

67.2%+12.1pp

Annual return

15.22%

31.73%-16.5pp

134.46%-119.2pp

160.72%-145.5pp

Employer contribution / active EE

$801

$3,138-74.5%

$4,821-83.4%

$2,671-70.0%

Participant deferral / active EE

$2,507

$3,411-26.5%

$5,682-55.9%

$4,126-39.2%

Admin fee / account holder

$1,463

$5,950-75.4%

$13,212-88.9%

$5,651-74.1%

TEMPLE MEMORIAL PEDIATRIC CENTER, INC. 403(B) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEMPLE MEMORIAL PEDIATRIC CENTER, INC. 403(B) SAVINGS PLAN

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