Retirement plan

MAINE DARTMOUTH FAMILY MEDICINE RESIDENCY 403(B) PLAN

Name: MAINE DARTMOUTH FAMILY MEDICINE RESIDENCY - MAINE DARTMOUTH FAMILY MEDICINE RESIDENCY 403(B) PLAN (2016) Form 5500
Creator: MAINE DARTMOUTH FAMILY MEDICINE RESIDENCY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAINE DARTMOUTH FAMILY MEDICINE RESIDENCY 403(B) PLAN, MAINE DARTMOUTH FAMILY MEDICINE RESIDENCY

MAINE DARTMOUTH FAMILY MEDICINE RESIDENCYEIN 01-0369195Plan #001PY 2016

15 E CHESTNUT STREET - AUGUSTA, ME 04330207-626-1890

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed November 4, 2016

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$6.5M

No prior year

Total participants

119

No prior year

Average account balance

$65,422

No prior year

Annual return

-0.87%

No prior year

Benchmarks

See 111 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Cohort111 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.19M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

174

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.

83.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+12.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$621

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

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$8,274
PENSION ASSURANCE LLP1+ years Filed as: THE PENSION SERVICE, INC. Service code 15 · EIN 16-0874395 THE EDWARDS BLOCK · WESTBROOK, ME 040922867	Recordkeeping	$4,762
PURSHE KAPLAN STERLING INV1+ years Filed as: PURSHE KAPLAN STERLING INVEST Service code 28 18 CORPORATE WOODS BLVD · ALBANY, NY 12211	Investment Management	$0

Plan features & details

Pension benefit codes2E2G2K2L2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$13K

$132 / participant

Investment mgmt$8K62.9%
Other / not subdivided$5K37.1%

% of EOY assets

0.201%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BERRY DUNN MCNEIL & PARKER, LLC
Auditor EIN: 010523282
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,422

$202,387-67.7%

$57,196+14.4%

Participation rate

79.8%

69.2%+10.6pp

75.3%+4.5pp

Annual return

-0.87%

10.83%-11.7pp

14.59%-15.5pp

Employer contribution / active EE

$3,704

$2,304+60.8%

$2,683+38.1%

Participant deferral / active EE

$6,926

$2,991+131.5%

$3,096+123.7%

Admin fee / account holder

$132

$22,351-99.4%

$3,141-95.8%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 15 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$8,274

PENSION ASSURANCE LLP1+ years

Filed as: THE PENSION SERVICE, INC.

Service code 15 · EIN 16-0874395

THE EDWARDS BLOCK · WESTBROOK, ME 040922867

Recordkeeping

$4,762

PURSHE KAPLAN STERLING INV1+ years

Filed as: PURSHE KAPLAN STERLING INVEST

Service code 28

18 CORPORATE WOODS BLVD · ALBANY, NY 12211

Investment Management

MAINE DARTMOUTH FAMILY MEDICINE RESIDENCY 403(B) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAINE DARTMOUTH FAMILY MEDICINE RESIDENCY 403(B) PLAN

Top hat statement on fileNQDC

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