Retirement plan

MERCY HOME CARE & MEDICAL SUPPLIES, INC. RETIREMENT PLAN

Name: MERCY HOME CARE & MEDICAL SUPPLIES, INC. - MERCY HOME CARE & MEDICAL SUPPLIES, INC. RETIREMENT PLAN (2015) Form 5500
Creator: MERCY HOME CARE & MEDICAL SUPPLIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERCY HOME CARE & MEDICAL SUPPLIES, INC. RETIREMENT PLAN, MERCY HOME CARE & MEDICAL SUPPLIES, INC.

MERCY HOME CARE & MEDICAL SUPPLIES, INC.EIN 11-3179364Plan #001PY 2015

2001 MACDONALD AVENUE - BROOKLYN, NY 112232818718-376-3131LinkedIn1-10 employeesmedical devices

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$512K

No prior year

Total participants

No prior year

Average account balance

$36,567

No prior year

Annual return

-1.08%

No prior year

Benchmarks

See 8,334 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort8,334 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$578K

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

17.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$423

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

+15.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44590

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2J3D3H

Plan features

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$58 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.429%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,567

$65,704-44.3%

$94,229-61.2%

$59,633-38.7%

Participation rate

28.9%

72.1%-43.2pp

78.8%-49.8pp

68.7%-39.7pp

Annual return

-1.08%

5.22%-6.3pp

10.68%-11.8pp

2041.45%-2042.5pp

Employer contribution / active EE

$2,021-100.0%

$3,587-100.0%

$2,203-100.0%

Participant deferral / active EE

$1,071

$3,143-65.9%

$4,320-75.2%

$3,192-66.4%

Admin fee / account holder

$157

$4,265-96.3%

$6,269-97.5%

$4,297-96.3%

MERCY HOME CARE & MEDICAL SUPPLIES, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERCY HOME CARE & MEDICAL SUPPLIES, INC. RETIREMENT PLAN

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