Retirement plan

MEDICAL ANSWERING SERVICES, LLC 401(K) PROFIT SHAR ING PLAN

Name: MEDICAL ANSWERING SERVICES, LLC - MEDICAL ANSWERING SERVICES, LLC 401(K) PROFIT SHAR ING PLAN (2017) Form 5500
Creator: MEDICAL ANSWERING SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEDICAL ANSWERING SERVICES, LLC 401(K) PROFIT SHAR ING PLAN, MEDICAL ANSWERING SERVICES, LLC

MEDICAL ANSWERING SERVICES, LLCEIN 20-0721170Plan #002PY 2017

P.O. BOX 12000 - SYRACUSE, NY 13218315-701-7551medanswering.comLinkedIn201-500 employeestelecommunications

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.6M

+41.5% from 2016

Total participants

223

+27.4% from 2016

Average account balance

$17,820

+47.7% from 2016

Annual return

23.08%

+15.68 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.52M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

146

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.

40.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.15M

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

+19.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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

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 codes2E2F2J2T3D

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).
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$19 / participant

Investment mgmt$4K100.0%

% of EOY assets

0.243%

all-in expense ratio

Categories reported

1 / 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: GROSSMAN ST. AMOUR CPAS, PLLC
Auditor EIN: 460475780
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,820

$36,767-51.5%

$81,473-78.1%

$62,293-71.4%

Participation rate

37.1%

54.4%-17.3pp

68.0%-30.8pp

69.5%-32.4pp

Annual return

23.08%

173.80%-150.7pp

38.78%-15.7pp

28.90%-5.8pp

Employer contribution / active EE

$547

$1,128-51.5%

$2,568-78.7%

$2,042-73.2%

Participant deferral / active EE

$811

$2,111-61.6%

$3,537-77.1%

$3,169-74.4%

Admin fee / account holder

$43

$797-94.6%

$4,561-99.1%

$479-91.0%

MEDICAL ANSWERING SERVICES, LLC 401(K) PROFIT SHAR ING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEDICAL ANSWERING SERVICES, LLC 401(K) PROFIT SHAR ING 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