Retirement plan

MED EXCEL USA, INC. 401K PLAN AND TRUST

Name: MED EXCEL USA, INC. - MED EXCEL USA, INC. 401K PLAN AND TRUST (2018) 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 2018

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

Other plans on this EIN

1 filing

#002Retirement-$595K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$12M

-0.5% from 2017

Total participants

448

-9.5% from 2017

Average account balance

$58,844

+9.2% from 2017

Annual return

-4.36%

-21.57 pp from 2017

Benchmarks

See 3,850 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,850 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.63M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

30.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$352K

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

+13.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7544

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
HELLER PENSION ASSOCIATES, INC.1 year Service code 49 · EIN 46-4034505 1363 ROUTE 9G · HYDE PARK, NY 12538	Other Services	$14,420
MORNINGSTAR1 year Filed as: MORNING STAR Service code 27	Advisory (Plan)	$0

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

$16K

$44 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.133%

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

$58,844

$37,196+58.2%

$154,114-61.8%

$55,725+5.6%

Participation rate

33.0%

64.1%-31.1pp

83.0%-50.1pp

70.9%-37.9pp

Annual return

-4.36%

1319.68%-1324.0pp

735.16%-739.5pp

244.93%-249.3pp

Employer contribution / active EE

$1,614-100.0%

$5,298-100.0%

$2,078-100.0%

Participant deferral / active EE

$3,055

$2,068+47.7%

$5,081-39.9%

$3,356-8.9%

Admin fee / account holder

$78

$102-22.8%

$13,411-99.4%

$115-31.9%

Provider

Service type

Compensation

HELLER PENSION ASSOCIATES, INC.1 year

Service code 49 · EIN 46-4034505

1363 ROUTE 9G · HYDE PARK, NY 12538

Other Services

$14,420

MORNINGSTAR1 year

Filed as: MORNING STAR

Service code 27

Advisory (Plan)

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