Retirement plan

EMPLOYEE BENEFIT PLAN OF PROGRAMS FOR INFANTS CHILDREN, INC.

Name: PROGRAMS FOR INFANTS CHILDREN, INC. - EMPLOYEE BENEFIT PLAN OF PROGRAMS FOR INFANTS CHILDREN, INC. (2021) Form 5500
Creator: PROGRAMS FOR INFANTS CHILDREN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF PROGRAMS FOR INFANTS CHILDREN, INC., PROGRAMS FOR INFANTS CHILDREN, INC.

PROGRAMS FOR INFANTS CHILDREN, INC.EIN 92-0100494Plan #002PY 2021

161 KLEVIN ST STE 103 - ANCHORAGE, AK 995081508907-561-8060picak.orgLinkedIn11-50 employeesgovernment administration

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.5M

+22.1% from 2020

Total participants

+5.0% from 2020

Average account balance

$86,805

+16.3% from 2020

Annual return

18.29%

+4.04 pp from 2020

Benchmarks

See 18,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,805 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.93M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

193.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$432K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2584

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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$117K

$4028 / participant

Other / not subdivided$117K100.0%

% of EOY assets

2.136%

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

$86,805

$95,406-9.0%

$185,849-53.3%

$85,847+1.1%

Participation rate

100.0%

68.8%+31.2pp

81.7%+18.3pp

69.3%+30.7pp

Annual return

18.29%

23.59%-5.3pp

122.10%-103.8pp

318.61%-300.3pp

Employer contribution / active EE

$3,157

$3,314-4.7%

$5,169-38.9%

$2,565+23.1%

Participant deferral / active EE

$6,741

$3,424+96.9%

$5,569+21.0%

$3,952+70.6%

Admin fee / account holder

$1,854

$7,214-74.3%

$16,244-88.6%

$6,261-70.4%

EMPLOYEE BENEFIT PLAN OF PROGRAMS FOR INFANTS CHILDREN, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF PROGRAMS FOR INFANTS CHILDREN, 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