Retirement plan

403(B) THRIFT PLAN OF HOPE CLINIC OF GARLAND, INC. HOPE CLINIC OF GARLAND, INC.

Name: HOPE CLINIC OF GARLAND, INC. - 403(B) THRIFT PLAN OF HOPE CLINIC OF GARLAND, INC. HOPE CLINIC OF GARLAND, INC. (2016) Form 5500
Creator: HOPE CLINIC OF GARLAND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF HOPE CLINIC OF GARLAND, INC. HOPE CLINIC OF GARLAND, INC., HOPE CLINIC OF GARLAND, INC.

HOPE CLINIC OF GARLAND, INC.EIN 75-2960314Plan #001PY 2016

800 S 6TH ST STE 100 - GARLAND, TX 750407168469-800-2500hopeclinic-garland.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$8K

-9.9% from 2015

Total participants

-50.0% from 2015

Average account balance

$3,926

+80.3% from 2015

Annual return

7.92%

+7.92 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$100K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

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

+129.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1300

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 codes2L2T

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract 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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$9K

$4490 / participant

Other / not subdivided$9K100.0%

% of EOY assets

114.353%

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

$3,926

$181,896-97.8%

$156,551-97.5%

$273,972-98.6%

Participation rate

100.0%

88.4%+11.6pp

84.0%+16.0pp

83.0%+17.0pp

Annual return

7.92%

30.74%-22.8pp

32.23%-24.3pp

41.46%-33.5pp

Employer contribution / active EE

$1,480

$6,248-76.3%

$5,501-73.1%

$4,869-69.6%

Participant deferral / active EE

$2,211

$5,550-60.2%

$4,871-54.6%

$5,287-58.2%

Admin fee / account holder

$4,490

$15,560-71.1%

$13,028-65.5%

$10,133-55.7%

403(B) THRIFT PLAN OF HOPE CLINIC OF GARLAND, INC. HOPE CLINIC OF GARLAND, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF HOPE CLINIC OF GARLAND, INC. HOPE CLINIC OF GARLAND, 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