Retirement plan

MOHAWK HOSPITAL EQUIPMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: MOHAWK HOSPITAL EQUIPMENT, INC. - MOHAWK HOSPITAL EQUIPMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: MOHAWK HOSPITAL EQUIPMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOHAWK HOSPITAL EQUIPMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN, MOHAWK HOSPITAL EQUIPMENT, INC.

MOHAWK HOSPITAL EQUIPMENT, INC.EIN 15-0618550Plan #002PY 2018

PO BOX 27, 335 COLUMBIA STREET - UTICA, NY 13502315-797-0570

Other plans on this EIN

1 filing

#001Retirement-$3.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.1M

+0.8% from 2017

Total participants

105

+4.0% from 2017

Average account balance

$86,905

-3.5% from 2017

Annual return

1.68%

+0.28 pp from 2017

Benchmarks

See 9,413 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,413 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.97M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$580K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

-8.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8123

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 codes2E2O2Q

Plan features

2E
Profit-sharing
Profit-sharing plan.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$17686 / participant

Other / not subdivided$1M100.0%

% of EOY assets

12.911%

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

$86,905

$50,947+70.6%

$74,551+16.6%

$64,173+35.4%

Participation rate

79.7%

61.1%+18.6pp

69.1%+10.5pp

69.6%+10.1pp

Annual return

1.68%

-1.85%+3.5pp

32.53%-30.9pp

7.63%-6.0pp

Employer contribution / active EE

$16,486

$1,115+1378.0%

$1,961+740.7%

$2,381+592.5%

Participant deferral / active EE

$2,302-100.0%

$3,108-100.0%

$3,470-100.0%

Admin fee / account holder

$11,220

$4,221+165.8%

$5,059+121.8%

$4,887+129.6%

MOHAWK HOSPITAL EQUIPMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOHAWK HOSPITAL EQUIPMENT, INC. EMPLOYEE STOCK OWNERSHIP 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