Retirement plan

ACCF SERVICES/MEDAXIOM 401(K) RETIREMENT PLAN

Name: AMERICAN COLLEGE OF CARDIOLOGY - AC CF SERVICES MEDAXIOM - ACCF SERVICES/MEDAXIOM 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: AMERICAN COLLEGE OF CARDIOLOGY - AC CF SERVICES MEDAXIOM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCF SERVICES/MEDAXIOM 401(K) RETIREMENT PLAN, AMERICAN COLLEGE OF CARDIOLOGY - AC CF SERVICES MEDAXIOM

AMERICAN COLLEGE OF CARDIOLOGY - AC CF SERVICES MEDAXIOMEIN 83-3513296Plan #001PY 2024

2400 N STREET NW - WASHINGTON, DC 20037202-375-6423

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.9M

+41.4% from 2023

Total participants

+1.7% from 2023

Average account balance

$89,759

+33.7% from 2023

Annual return

16.62%

-20.31 pp from 2023

Benchmarks

See 10,668 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,668 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.94M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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

$938K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+16.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1377

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 codes2E2F2G2J2T

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).
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.
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.
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

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

$76K

$1377 / participant

Other / not subdivided$76K100.0%

% of EOY assets

1.534%

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

$89,759

$58,258+54.1%

$81,820+9.7%

$80,925+10.9%

Participation rate

90.9%

63.5%+27.4pp

72.4%+18.5pp

67.7%+23.3pp

Annual return

16.62%

41.76%-25.1pp

777.93%-761.3pp

35.65%-19.0pp

Employer contribution / active EE

$10,026

$2,345+327.5%

$2,915+243.9%

$2,756+263.8%

Participant deferral / active EE

$7,021

$3,284+113.8%

$4,323+62.4%

$4,299+63.3%

Admin fee / account holder

$1,377

$4,976-72.3%

$7,391-81.4%

$6,940-80.2%

ACCF SERVICES/MEDAXIOM 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCF SERVICES/MEDAXIOM 401(K) 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