Retirement plan

MARY LOU CORCORAN, P.T., P.C. EMPLOYEE SAVINGS PLAN AND TRUST

Name: MARY LOU CORCORAN, P.T., P.C. - MARY LOU CORCORAN, P.T., P.C. EMPLOYEE SAVINGS PLAN AND TRUST (2017) Form 5500
Creator: MARY LOU CORCORAN, P.T., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARY LOU CORCORAN, P.T., P.C. EMPLOYEE SAVINGS PLAN AND TRUST, MARY LOU CORCORAN, P.T., P.C.

MARY LOU CORCORAN, P.T., P.C.EIN 16-1303109Plan #001PY 2017

510 TOWNE DRIVE - FAYETTEVILLE, NY 13066315-637-4747LinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+14.9% from 2016

Total participants

-13.0% from 2016

Average account balance

$125,127

+27.0% from 2016

Annual return

13.29%

+7.76 pp from 2016

Benchmarks

See 106,905 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,905 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.97M

Not enough data

1 years with asset history on file

Average account balance

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

$282K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$40K

$5045 / participant

Other / not subdivided$40K100.0%

% of EOY assets

1.698%

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

$125,127

$198,462-37.0%

$170,439-26.6%

$147,585-15.2%

Participation rate

87.5%

88.0%-0.5pp

83.6%+3.9pp

82.8%+4.7pp

Annual return

13.29%

257.30%-244.0pp

205.94%-192.6pp

578.58%-565.3pp

Employer contribution / active EE

$2,136

$6,184-65.5%

$5,433-60.7%

$4,876-56.2%

Participant deferral / active EE

$5,514

$5,629-2.1%

$4,939+11.6%

$5,439+1.4%

Admin fee / account holder

$2,124

$16,852-87.4%

$13,881-84.7%

$10,886-80.5%

MARY LOU CORCORAN, P.T., P.C. EMPLOYEE SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARY LOU CORCORAN, P.T., P.C. EMPLOYEE SAVINGS 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