Retirement plan

MID- COAST FAMILY SERVICES RETIREMENT PLAN

Name: MID-COAST FAMILY SERVICES - MID- COAST FAMILY SERVICES RETIREMENT PLAN (2020) Form 5500
Creator: MID-COAST FAMILY SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MID- COAST FAMILY SERVICES RETIREMENT PLAN, MID-COAST FAMILY SERVICES

MID-COAST FAMILY SERVICESEIN 74-2605669Plan #001PY 2020

120 S. MAIN, SUITE 175 - VICTORIA, TX 77901361-575-7842

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$914K

+31.9% from 2019

Total participants

-8.2% from 2019

Average account balance

$24,711

+31.9% from 2019

Annual return

25.16%

+3.50 pp from 2019

Benchmarks

See 18,633 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,633 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.62M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$122K

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

+16.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$793

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 codes2E2F2J3D

Plan features

2E
Profit-sharing
Profit-sharing 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).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

$34K

$814 / participant

Other / not subdivided$34K100.0%

% of EOY assets

3.741%

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

$24,711

$91,179-72.9%

$178,499-86.2%

$79,852-69.1%

Participation rate

81.0%

69.2%+11.7pp

81.9%-1.0pp

69.6%+11.3pp

Annual return

25.16%

24.19%+1.0pp

151.10%-125.9pp

31.72%-6.6pp

Employer contribution / active EE

$803

$3,256-75.3%

$5,011-84.0%

$2,471-67.5%

Participant deferral / active EE

$1,123

$3,236-65.3%

$5,202-78.4%

$3,740-70.0%

Admin fee / account holder

$924

$6,749-86.3%

$13,986-93.4%

$5,306-82.6%

MID- COAST FAMILY SERVICES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MID- COAST FAMILY SERVICES RETIREMENT 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