Other · DOL Form 5500 · 2024

First Choice Community Healthcare, Inc. Retirement Plan

Data updated 2026-07-24

$27M
Total assets
344
Participants
75th
Percentile by assets
$77,519
Avg per participant
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Official DOL plan name: 2first Choice Community Healthcare 403(b) Plan · Sponsored by First Choice Community Healthcare, Inc. · New Mexico · Healthcare & Social Assistance

$27M in assets, 344 participants

First Choice Community Healthcare, Inc.'s 2first Choice Community Healthcare 403(b) Plan reported $27M in total assets and 344 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 116,472 plans)

Where 2first Choice Community Healthcare 403(b) Plan sits by assets

2first Choice Community Healthcare 403(b) Plan sits in the top quartile of all filed plans by assets, $27M for 344 participants (~$77,519/participant), down 13.8% in 2024.

$27M
total plan assets (2024 EOY)
344
covered participants
75th
percentile by assets (of 116,472 plans)
$77,519
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 2first Choice Community Healthcare 403(b) Plan reported net income fell from $4M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • 2first Choice Community Healthcare 403(b) Plan reported participants fell from 433 in the plan year 2023 filing to 344 in the plan year 2024 filing.
  • 2first Choice Community Healthcare 403(b) Plan end-of-year assets fell from $31M in the plan year 2023 filing to $27M in the plan year 2024 filing.

See the national 2023→2024 release diff →

2first Choice Community Healthcare 403(b) Plan vs the 2024 asset distribution

By assets, 2first Choice Community Healthcare 403(b) Plan outranks 75% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$27M
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.

2first Choice Community Healthcare 403(b) Plan vs. nearby Other plans in New Mexico, assets vs. participants

2first Choice Community Healthcare 403(b) Plan vs. nearby Other plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants 2first Choice Commun…Presbyterian Healthc…San Juan Regional Me…Lovelace Biomedical …Albuquerque Academy …Holy Cross Hospital …
2first 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 2first Choice Community Healthcare 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did 2first Choice Community Healthcare 403(b) Plan assets move in 2024?
2first Choice Community Healthcare 403(b) Plan pulled back noticeably - down 13.8% during 2024, from $31M to $27M. 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 2first Choice Community Healthcare 403(b) Plan rank by assets among Form 5500 filers?
2first Choice Community Healthcare 403(b) Plan ranks in the 75th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to 2first Choice Community Healthcare 403(b) Plan?
Among Other plans in other states, the closest by assets is Heartspring 403 (B) DC Plan in KS ($27M, 410 participants).

Next read for 2first Choice Community Healthcare 403(b…

Scale reading

Ways to act on 2first Choice Community Healthcare 403(b) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 850224409.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.