Other · DOL Form 5500 · 2023

First Choice Community Healthcare, Inc. Retirement Plan

Data updated 2026-08-06

$31M
Total assets
433
Participants
80th
Percentile by assets
$71,421
Avg per participant
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Official DOL plan name: First Choice Community Healthcare 403(b) Plan · Sponsored by First Choice Community Healthcare, Inc. · New Mexico · Healthcare & Social Assistance

$31M in assets, 433 participants

First Choice Community Healthcare, Inc.'s First Choice Community Healthcare 403(b) Plan reported $31M in total assets and 433 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • 80th percentile by assets (of 126,618 plans)
  • #14,568 in Healthcare & Social Assistance (17,626 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, $31M for 433 participants (~$71,421/participant), up 13.4% in 2023.

$31M
total plan assets (2023 EOY)
433
covered participants
80th
percentile by assets (of 126,618 plans)
$71,421
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Choice Community Healthcare 403(b) Plan reported net income rose from -$9M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • First Choice Community Healthcare 403(b) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • First Choice Community Healthcare 403(b) Plan reported participants fell from 473 in the plan year 2022 filing to 433 in the plan year 2023 filing.

See the national 2023→2024 release diff →

First Choice Community Healthcare 403(b) Plan vs the 2023 asset distribution

By assets, First Choice Community Healthcare 403(b) Plan outranks 80% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$4M
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 -20002004006008001000 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 2023?
First Choice Community Healthcare 403(b) Plan grew at a solid clip - up 13.4% during 2023, from $27M to $31M. Reported net income was $4M.
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 80th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (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 Wilson College Defined Contribution Retirement Plan in PA ($31M, 155 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.