Other · DOL Form 5500 · 2022

First Choice Community Healthcare, Inc. Retirement Plan

Data updated 2026-08-11

$27M
Total assets
473
Participants
82nd
Percentile by assets
$57,663
Avg per participant
PlainRetire home → About this data

Official DOL plan name: First Choice Community Healthcare 403(b) Plan · Sponsored by First Choice Community Healthcare, Inc. · New Mexico · Healthcare & Social Assistance

$27M in assets, 473 participants

First Choice Community Healthcare, Inc.'s First Choice Community Healthcare 403(b) Plan reported $27M in total assets and 473 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 82nd percentile by assets (of 139,126 plans)
  • #16,928 in Healthcare & Social Assistance (20,060 peers)

Where First Choice Community Healthcare 403(b) Plan sits by assets

First Choice Community Healthcare 403(b) Plan sits in the top quartile of all filed plans by assets, $27M for 473 participants (~$57,663/participant), down 23.9% in 2022.

$27M
total plan assets (2022 EOY)
473
covered participants
82nd
percentile by assets (of 139,126 plans)
$57,663
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Choice Community Healthcare 403(b) Plan vs the 2022 asset distribution

By assets, First Choice Community Healthcare 403(b) Plan outranks 82% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$27M
Net Income-$9M
Employer EIN850224409
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Choice Community Healthcare, Inc.)

$26M$28M$30M$32M 202220232024 $27.3M $26.7M ▼ -2.2%
Total plan assets by year, all First Choice Community Healthcare, Inc. plans on file
Year Plans Participants Total Assets
2022 1 473 $27M
2023 1 433 $31M
2024 1 344 $27M

Nearby Other Plans in New Mexico

Peer Other plans, same state, same plan type, ranked by total assets.

First Choice Community Healthcare 403(b) Plan vs. nearby Other plans in New Mexico, assets vs. participants

First Choice Community Healthcare 403(b) Plan vs. nearby Other plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants First Choice Communi…Presbyterian Healthc…San Juan Regional Me…Lovelace Biomedical …Albuquerque Academy …Holy Cross Hospital …
First Choice Community Healthcare 403(b) Plan vs. nearby Other plans in New Mexico, assets vs. participants

Similar-Sized Other Plans Nationally

Other plans in other states closest to First Choice Community Healthcare 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did First Choice Community Healthcare 403(b) Plan assets move in 2022?
First Choice Community Healthcare 403(b) Plan declined sharply - down 23.9% during 2022, from $36M to $27M. Reported net income was -$9M.
How have First Choice Community Healthcare, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), First Choice Community Healthcare, Inc.'s sponsor-wide assets declined 2.2%, from $27M to $27M.
Where does First Choice Community Healthcare 403(b) Plan rank by assets among Form 5500 filers?
First Choice Community Healthcare 403(b) Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to First Choice Community Healthcare 403(b) Plan?
Among Other plans in other states, the closest by assets is Shasta Community Health Center 403(b) Plan in CA ($27M, 471 participants).

Next read for First Choice Community Healthcare 403(b)…

Scale reading

Ways to act on First Choice Community Healthcare 403(b) Plan's numbers.