Retirement plan

MED EXCEL USA, INC. 401K PLAN AND TRUST

Name: MED EXCEL USA, INC. - MED EXCEL USA, INC. 401K PLAN AND TRUST (2016) 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 2016

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

Other plans on this EIN

1 filing

#002Retirement-$626K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$10.4M

+3.2% from 2015

Total participants

484

-0.8% from 2015

Average account balance

$46,581

+16.6% from 2015

Annual return

8.49%

+3.94 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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.2+ years Filed as: HELLER PENSION ASSOC, INC. Service code 49 1363 ROUTE 9G · HYDE PARK, NY 12538	Other Services	$11,817

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$28K

$72 / participant

Other / not subdivided$28K100.0%

% of EOY assets

0.271%

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

$46,581

$36,916+26.2%

$156,551-70.2%

$57,658-19.2%

Participation rate

33.2%

63.4%-30.2pp

84.0%-50.8pp

70.2%-37.0pp

Annual return

8.49%

12.38%-3.9pp

32.23%-23.7pp

5.13%+3.4pp

Employer contribution / active EE

$1,571-100.0%

$5,501-100.0%

$1,974-100.0%

Participant deferral / active EE

$2,410

$1,926+25.2%

$4,871-50.5%

$3,061-21.2%

Admin fee / account holder

$126

$82+52.8%

$13,028-99.0%

$95+33.3%

Provider

Service type

Compensation

HELLER PENSION ASSOC., INC.2+ years

Filed as: HELLER PENSION ASSOC, INC.

Service code 49

1363 ROUTE 9G · HYDE PARK, NY 12538

Other Services

$11,817

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