Retirement plan

MED EXCEL USA, INC. 401K PLAN AND TRUST

Name: MED EXCEL USA, INC. - MED EXCEL USA, INC. 401K PLAN AND TRUST (2015) Form 5500
Creator: MED EXCEL USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MED EXCEL USA, INC. 401K PLAN AND TRUST, MED EXCEL USA, INC.

MED EXCEL USA, INC.EIN 06-1324681Plan #001PY 2015

484 TEMPLE HILL ROAD - NEW WINDSOR, NY 12553845-565-3700

Other plans on this EIN

1 filing

#002Retirement-$667K assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.1M

No prior year

Total participants

488

No prior year

Average account balance

$39,937

No prior year

Annual return

4.55%

No prior year

Benchmarks

See 3,168 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,168 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.52M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

13.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$441K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$526

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
HELLER PENSION ASSOC., INC.1+ years Filed as: HELLER PENSION ASSOC, INC. Service code 49 1363 ROUTE 9G · HYDE PARK, NY 12538	Other Services	$12,751

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2K

$4 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

0 / 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: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,937

$37,117+7.6%

$147,618-72.9%

$55,191-27.6%

Participation rate

39.0%

63.6%-24.6pp

84.6%-45.6pp

69.2%-30.1pp

Annual return

4.55%

3.44%+1.1pp

61.98%-57.4pp

10.78%-6.2pp

Employer contribution / active EE

$1,620-100.0%

$5,565-100.0%

$1,899-100.0%

Participant deferral / active EE

$2,631

$1,985+32.5%

$4,895-46.3%

$3,046-13.6%

Admin fee / account holder

$86-92.8%

$11,612-99.9%

$91-93.2%

Provider

Service type

Compensation

HELLER PENSION ASSOC., INC.1+ years

Filed as: HELLER PENSION ASSOC, INC.

Service code 49

1363 ROUTE 9G · HYDE PARK, NY 12538

Other Services

$12,751

MED EXCEL USA, INC. 401K PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MED EXCEL USA, INC. 401K PLAN AND TRUST

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