Retirement plan

403(B) THRIFT PLAN OF CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, INC.

Name: CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, INC. - 403(B) THRIFT PLAN OF CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, INC. (2021) Form 5500
Creator: CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, INC., CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, INC.

CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, INC.EIN 73-1223304Plan #002PY 2021

527 WEST 3RD STREET - KONAWA, OK 74849580-925-3286cofmc.comLinkedIn1-10 employees

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.2M

+109.5% from 2020

Total participants

157

+124.3% from 2020

Average account balance

$16,795

+95.0% from 2020

Annual return

49.30%

-3.64 pp from 2020

Benchmarks

See 5,351 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,351 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.90M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

290

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.

76.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+18.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13

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 codes2F2G2T3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$49K

$327 / participant

Other / not subdivided$49K100.0%

% of EOY assets

4.058%

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

$16,795

$61,166-72.5%

$185,849-91.0%

$79,391-78.8%

Participation rate

43.3%

66.6%-23.3pp

81.7%-38.4pp

70.7%-27.4pp

Annual return

49.30%

19.45%+29.8pp

122.10%-72.8pp

116.88%-67.6pp

Employer contribution / active EE

$609

$2,321-73.7%

$5,169-88.2%

$2,428-74.9%

Participant deferral / active EE

$2,035

$2,789-27.0%

$5,569-63.5%

$4,046-49.7%

Admin fee / account holder

$682

$710-4.0%

$16,244-95.8%

$627+8.8%

403(B) THRIFT PLAN OF CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF CENTRAL OKLAHOMA FAMILY MEDICAL CENTER, 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