Retirement plan

THE MD GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST

Name: THE MD GROUP LLC - THE MD GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: THE MD GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MD GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST, THE MD GROUP LLC

THE MD GROUP LLCEIN 16-1637149Plan #002PY 2018

333 LOWVILLE ROAD - RIO, WI 53960920-992-6800

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$7M

No prior year

Total participants

419

No prior year

Average account balance

$32,256

No prior year

Annual return

10.17%

No prior year

Benchmarks

See 1,272 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,272 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.84M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

350

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.

54.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$288

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 4 by compensation

Provider	Service type	Compensation
KELLY FINANCIAL, INC.1+ years Filed as: KELLY FINANCIAL Service code 13 120 E LAKESIDE ST · MADISON, WI 53715	Contract Administrator	$13,219
VALMARK ADVISERS INC1+ years Filed as: VALMARK ADVISERS Service code 13 130 SPRINGSIDE DR STE 300 · AKRON, OH 44333	Contract Administrator	$11,749
KESTRA INVESTMENT SERVICES LLC1+ years Filed as: KESTRA ADVISORY SERVICES Service code 13 5707 SW PKWY BLDG 2 · AUSTIN, TX 78735	Contract Administrator	$11,607
INVESTMENT PROFESSIONALS LLC1+ years Filed as: INVESTMENT PROFESSIONALS Service code 13 114 E MAIN ST · WAUNAKEE, WI 53597	Contract Administrator	$8,090

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$17K

$43 / participant

Investment mgmt$8K47.1%
Contract admin$6K34.0%
Other / not subdivided$3K18.9%

% of EOY assets

0.245%

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: MARTENS & COMPANY CPA LLP
Auditor EIN: 593823192
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,256

$35,485-9.1%

$74,551-56.7%

$55,725-42.1%

Participation rate

49.5%

62.5%-13.0pp

69.1%-19.6pp

70.9%-21.4pp

Annual return

10.17%

0.72%+9.5pp

32.53%-22.4pp

244.93%-234.8pp

Employer contribution / active EE

$792

$777+1.8%

$1,961-59.6%

$2,078-61.9%

Participant deferral / active EE

$1,503

$2,181-31.1%

$3,108-51.6%

$3,356-55.2%

Admin fee / account holder

$79

$114-30.8%

$5,059-98.4%

$115-31.3%

Provider

Service type

Compensation

KELLY FINANCIAL, INC.1+ years

Filed as: KELLY FINANCIAL

Service code 13

120 E LAKESIDE ST · MADISON, WI 53715

Contract Administrator

$13,219

VALMARK ADVISERS INC1+ years

Filed as: VALMARK ADVISERS

Service code 13

130 SPRINGSIDE DR STE 300 · AKRON, OH 44333

Contract Administrator

$11,749

KESTRA INVESTMENT SERVICES LLC1+ years

Filed as: KESTRA ADVISORY SERVICES

Service code 13

5707 SW PKWY BLDG 2 · AUSTIN, TX 78735

Contract Administrator

$11,607

INVESTMENT PROFESSIONALS LLC1+ years

Filed as: INVESTMENT PROFESSIONALS

Service code 13

114 E MAIN ST · WAUNAKEE, WI 53597

Contract Administrator

$8,090

THE MD GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MD GROUP LLC 401(K) PROFIT SHARING PLAN & 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