Retirement plan

CENTRO DE SALUD FAMILIAR LA FE, INC. 403(B) PLAN

Name: CENTRO DE SALUD FAMILIAR LA FE, INC - CENTRO DE SALUD FAMILIAR LA FE, INC. 403(B) PLAN (2017) Form 5500
Creator: CENTRO DE SALUD FAMILIAR LA FE, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRO DE SALUD FAMILIAR LA FE, INC. 403(B) PLAN, CENTRO DE SALUD FAMILIAR LA FE, INC

CENTRO DE SALUD FAMILIAR LA FE, INCEIN 74-1842169Plan #001PY 2017

1314 E. YANDELL DRIVE - EL PASO, TX 79902915-534-7979lafe-ep.orgLinkedIn201-500 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.3M

+21.8% from 2016

Total participants

353

+3.8% from 2016

Average account balance

$21,789

+16.0% from 2016

Annual return

13.27%

+9.17 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.25M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

322

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.

65.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$747K

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

+11.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 12 · EIN 31-4156830 ONE NATONWIDE PLAZA · COLUMBUS, OH 43215	Custodial (other than securities); Cl...	$72,886
PENSION ASSURANCE LLP3+ years Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 12 · EIN 85-0402842 6201 UPTOWN BLVD. NE · ALBUQUERQUE, NM 871110415	Claims processing; Contract Administr...	$16,207
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY SMITH BARNEY, LLC Service code 22 1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004	Insurance Broker	$0

Plan features & details

Pension benefit codes2G2K2M

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

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

$89K

$343 / participant

Contract admin$89K100.0%

% of EOY assets

1.405%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,789

$46,173-52.8%

$170,439-87.2%

$69,631-68.7%

Participation rate

76.2%

63.9%+12.3pp

83.6%-7.4pp

70.7%+5.5pp

Annual return

13.27%

21.62%-8.4pp

205.94%-192.7pp

27571.02%-27557.8pp

Employer contribution / active EE

$768

$1,610-52.3%

$5,433-85.9%

$2,032-62.2%

Participant deferral / active EE

$1,348

$2,080-35.2%

$4,939-72.7%

$3,224-58.2%

Admin fee / account holder

$306

$116+164.0%

$13,881-97.8%

$110+177.2%

Provider

Service type

Compensation

NATIONWIDE3+ years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 12 · EIN 31-4156830

ONE NATONWIDE PLAZA · COLUMBUS, OH 43215

Custodial (other than securities); Cl...

$72,886

PENSION ASSURANCE LLP3+ years

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 12 · EIN 85-0402842

6201 UPTOWN BLVD. NE · ALBUQUERQUE, NM 871110415

Claims processing; Contract Administr...

$16,207

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY SMITH BARNEY, LLC

Service code 22

1 NEW YORK PLAZA, 12TH FL · NEW YORK, NY 10004

Insurance Broker

CENTRO DE SALUD FAMILIAR LA FE, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRO DE SALUD FAMILIAR LA FE, INC. 403(B) 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