Retirement plan

HAWAII PRIMARY CARE ASSOCIATION IRC 403(B) DEFERRED ANNUITY PLAN

Name: HAWAII PRIMARY CARE ASSOCIATION - HAWAII PRIMARY CARE ASSOCIATION IRC 403(B) DEFERRED ANNUITY PLAN (2017) Form 5500
Creator: HAWAII PRIMARY CARE ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAWAII PRIMARY CARE ASSOCIATION IRC 403(B) DEFERRED ANNUITY PLAN, HAWAII PRIMARY CARE ASSOCIATION

HAWAII PRIMARY CARE ASSOCIATIONEIN 99-0268275Plan #001PY 2017

1003 BISHOP STREET, PAUAHI TOWER SUITE 1810 - HONOLULU, HI 96813808-536-8442hawaiipca.netLinkedIn11-50 employeesgovernment administration

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3M

+20.4% from 2016

Total participants

+3.1% from 2016

Average account balance

$94,689

+20.4% from 2016

Annual return

20.01%

+14.32 pp from 2016

Benchmarks

See 106,906 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,906 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.04M

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

242.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$151K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+20.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12988

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 codes2G2L2M2R

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

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

$146K

$9102 / participant

Other / not subdivided$146K100.0%

% of EOY assets

4.806%

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

$94,689

$198,461-52.3%

$170,436-44.4%

$147,585-35.8%

Participation rate

93.8%

88.0%+5.8pp

83.6%+10.2pp

82.8%+10.9pp

Annual return

20.01%

257.30%-237.3pp

205.94%-185.9pp

578.57%-558.6pp

Employer contribution / active EE

$3,966

$6,184-35.9%

$5,433-27.0%

$4,876-18.7%

Participant deferral / active EE

$5,671

$5,629+0.7%

$4,939+14.8%

$5,439+4.3%

Admin fee / account holder

$4,551

$16,852-73.0%

$13,880-67.2%

$10,885-58.2%

HAWAII PRIMARY CARE ASSOCIATION IRC 403(B) DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAWAII PRIMARY CARE ASSOCIATION IRC 403(B) 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