Retirement plan

PATIENT ASSISTANCE FOUNDATION 403(B) TAX DEFERRED ANNUITY PLAN

Name: PATIENT ASSISTANCE FOUNDATION - PATIENT ASSISTANCE FOUNDATION 403(B) TAX DEFERRED ANNUITY PLAN (2015) Form 5500
Creator: PATIENT ASSISTANCE FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PATIENT ASSISTANCE FOUNDATION 403(B) TAX DEFERRED ANNUITY PLAN, PATIENT ASSISTANCE FOUNDATION

PATIENT ASSISTANCE FOUNDATIONEIN 94-2944137Plan #001PY 2015

2100 WEBSTER ST STE 100 - SAN FRANCISCO, CA 941152374415-923-3167

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$606K

No prior year

Total participants

No prior year

Average account balance

$67,287

No prior year

Annual return

0.56%

No prior year

Benchmarks

See 102,328 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,328 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.44M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2028

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 codes2F2G2L2M2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$317K

$39671 / participant

Other / not subdivided$317K100.0%

% of EOY assets

52.407%

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

$67,287

$168,635-60.1%

$147,617-54.4%

$125,389-46.3%

Participation rate

37.5%

88.8%-51.3pp

84.6%-47.1pp

83.2%-45.7pp

Annual return

0.56%

77.65%-77.1pp

61.98%-61.4pp

282.24%-281.7pp

Employer contribution / active EE

$1,403

$6,252-77.6%

$5,564-74.8%

$4,866-71.2%

Participant deferral / active EE

$4,210

$5,507-23.6%

$4,895-14.0%

$5,352-21.3%

Admin fee / account holder

$35,263

$13,580+159.7%

$11,612+203.7%

$9,541+269.6%

PATIENT ASSISTANCE FOUNDATION 403(B) TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PATIENT ASSISTANCE FOUNDATION 403(B) TAX DEFERRED ANNUITY 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