Retirement plan

PREMIER MEDICAL GROUP PROFIT SHARING PLAN

Name: PREMIER MEDICAL GROUP - PREMIER MEDICAL GROUP PROFIT SHARING PLAN (2018) Form 5500
Creator: PREMIER MEDICAL GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIER MEDICAL GROUP PROFIT SHARING PLAN, PREMIER MEDICAL GROUP

PREMIER MEDICAL GROUPEIN 14-1536357Plan #001PY 2018

1 COLUMBIA STREET, SUITE 390 - POUGHKEEPSIE, NY 12601845-452-8730premiermetalgroup.comLinkedIn11-50 employeesbuilding materials

Other plans on this EIN

2 filings

#002Retirement-$12.6M assets #003Retirement-$1.8M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$12M

-0.2% from 2017

Total participants

157

-0.6% from 2017

Average account balance

$93,762

-6.4% from 2017

Annual return

-7.08%

-22.26 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.37M

Not enough data

1 years with asset history on file

Average account balance

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

$184K

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.

143

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.

81.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+18.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

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 2 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV2 years Filed as: NORTHWESTERN MUTUAL INVESTMENT Service code 55 · EIN 39-2018056	Other Commissions	$11,232
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 37 · EIN 04-2647786	Loan Processing	$3,066

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$19 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.017%

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: JUDELSON, GIORDANO & SIEGEL, CPA PC
Auditor EIN: 141619319
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,762

$47,977+95.4%

$154,108-39.2%

$56,289+66.6%

Participation rate

72.4%

66.2%+6.2pp

83.0%-10.7pp

69.9%+2.5pp

Annual return

-7.08%

3.54%-10.6pp

735.21%-742.3pp

-9.96%+2.9pp

Employer contribution / active EE

$7,122

$2,169+228.4%

$5,298+34.4%

$2,111+237.4%

Participant deferral / active EE

$4,419

$2,392+84.8%

$5,081-13.0%

$3,350+31.9%

Admin fee / account holder

$16

$438-96.4%

$13,411-99.9%

$521-96.9%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV2 years

Filed as: NORTHWESTERN MUTUAL INVESTMENT

Service code 55 · EIN 39-2018056

Other Commissions

$11,232

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 37 · EIN 04-2647786

Loan Processing

$3,066

PREMIER MEDICAL GROUP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIER MEDICAL GROUP PROFIT SHARING 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