Retirement plan

403(B) THRIFT PLAN FOR COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, INC.

Name: COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, INC. - 403(B) THRIFT PLAN FOR COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, INC. (2024) Form 5500
Creator: COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, INC., COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, INC.

COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, INC.EIN 74-1548089Plan #001PY 2024

PO BOX 1890 - GONZALES, TX 786291390830-672-6511communityhealthtx.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$1.9M

+5.6% from 2023

Total participants

278

-7.0% from 2023

Average account balance

-100.0% from 2023

Annual return

12.19%

+4.11 pp from 2023

Benchmarks

See 4,131 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,131 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.97M

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.

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$107K

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

+8.76%

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP10+ years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$509

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$509

$2 / participant

Other / not subdivided$509100.0%

% of EOY assets

0.027%

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

$50,812-100.0%

$155,602-100.0%

$77,692-100.0%

Participation rate

0.0%

63.1%-63.1pp

78.2%-78.2pp

70.6%-70.6pp

Annual return

12.19%

34.85%-22.7pp

64.81%-52.6pp

31.25%-19.1pp

Employer contribution / active EE

$1,989-100.0%

$4,675-100.0%

$2,726-100.0%

Participant deferral / active EE

$406

$2,822-85.6%

$5,629-92.8%

$4,648-91.3%

Admin fee / account holder

$436-100.0%

$15,923-100.0%

$431-100.0%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP10+ years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$509

403(B) THRIFT PLAN FOR COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR COMMUNITY HEALTH CENTERS OF SOUTH CENTRAL TEXAS, 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