Retirement plan

MONROE MEDI-TRANS, INC. EMPLOYEE 401(K) PLAN

Name: MONROE MEDI-TRANS, INC. - MONROE MEDI-TRANS, INC. EMPLOYEE 401(K) PLAN (2018) Form 5500
Creator: MONROE MEDI-TRANS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONROE MEDI-TRANS, INC. EMPLOYEE 401(K) PLAN, MONROE MEDI-TRANS, INC.

MONROE MEDI-TRANS, INC.EIN 16-1043764Plan #001PY 2018

1669 LYELL AVENUE - ROCHESTER, NY 14606585-327-7610

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$2M

+12.2% from 2017

Total participants

222

+2.8% from 2017

Average account balance

$11,785

-1.4% from 2017

Annual return

9.38%

-6.66 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

$3.16M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

190

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$454K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+5.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$260

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
ARMBRUSTER CAPITAL MANAGEMENT, INC.1 year Service code 26 1250 PITTSFORD VICTOR RD. #180 · PITTSFORD, NY 14534	Advisory (Participants)	$9,708
EPIC RETIREMENT PLAN SERVICES1 year Filed as: EPIC ADVISORS, INC. Service code 15 · EIN 16-1450952	Recordkeeping	$8,247
TD AMERITRADE, INC.3+ years Filed as: TD AMERITRADE Service code 19 4211 SOUTH 102ND STREET · OMAHA, NE 68127	Securities Custodian	$2,442

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$20K

$120 / participant

Investment mgmt$10K47.6%
Contract admin$11K52.4%

% of EOY assets

1.000%

all-in expense ratio

Categories reported

2 / 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: JEFFREY L. OFFHAUS CPA, LLC
Auditor EIN: 202368569
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,785

$47,977-75.4%

$154,111-92.4%

$56,287-79.1%

Participation rate

71.2%

66.2%+5.0pp

83.0%-11.9pp

69.9%+1.3pp

Annual return

9.38%

3.54%+5.8pp

735.18%-725.8pp

-9.96%+19.3pp

Employer contribution / active EE

$179

$2,169-91.7%

$5,298-96.6%

$2,111-91.5%

Participant deferral / active EE

$1,282

$2,392-46.4%

$5,081-74.8%

$3,350-61.7%

Admin fee / account holder

$118

$438-73.1%

$13,411-99.1%

$521-77.4%

Provider

Service type

Compensation

ARMBRUSTER CAPITAL MANAGEMENT, INC.1 year

Service code 26

1250 PITTSFORD VICTOR RD. #180 · PITTSFORD, NY 14534

Advisory (Participants)

$9,708

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: EPIC ADVISORS, INC.

Service code 15 · EIN 16-1450952

Recordkeeping

$8,247

TD AMERITRADE, INC.3+ years

Filed as: TD AMERITRADE

Service code 19

4211 SOUTH 102ND STREET · OMAHA, NE 68127

Securities Custodian

$2,442

MONROE MEDI-TRANS, INC. EMPLOYEE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONROE MEDI-TRANS, INC. EMPLOYEE 401(K) 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