Retirement plan

MATERNOHIO 401(K) PROFIT SHARING PLAN AND TRUST

Name: MATERNOHIO CLINICAL ASSOCIATES, INC. - MATERNOHIO 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: MATERNOHIO CLINICAL ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MATERNOHIO 401(K) PROFIT SHARING PLAN AND TRUST, MATERNOHIO CLINICAL ASSOCIATES, INC.

MATERNOHIO CLINICAL ASSOCIATES, INC.EIN 20-1308320Plan #001PY 2018

1241 DUBLIN ROAD - COLUMBUS, OH 43215614-457-7660moca-obgyns.comLinkedIn201-500 employeesmedical practice

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$42.2M

-2.6% from 2017

Total participants

213

-0.9% from 2017

Average account balance

$199,253

-1.3% from 2017

Annual return

-6.89%

-20.31 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

$63.00M

Not enough data

1 years with asset history on file

Average account balance

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

$325K

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.

194

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.

81.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+11.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1375

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 10 of 15 by compensation

Provider	Service type	Compensation
FIFTH THIRD BANK RETIREMENT SERVICE2 years Filed as: FIFTH THIRD BANK Service code 22 · EIN 31-1051736	Insurance Broker	$36,462
LINCOLN NATIONAL CORPORATION2 years Filed as: LINCOLN INVESTMENTS Service code 28 601 OFFICE CENTER DR, SUITE 300 · FORT WASHINGTON, PA 19034	Investment Management	$16,889
PRUDENTIAL RETIREMENT INSURANCE AND4+ years Filed as: PRUDENTIAL Service code 28 · EIN 22-1211670	Investment Management	$14,256
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB Service code 28 · EIN 64-1737782	Investment Management	$13,587
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY Service code 22	Insurance Broker	$12,672
THE BANK OF NEW YORK MELLON4+ years Filed as: PERSHING Service code 51	Investment Mgmt Fees	$12,264
RAYMOND JAMES FINANCIAL SERVICES4+ years Filed as: RAYMOND JAMES Service code 28 · EIN 59-1237041	Investment Management	$11,336
MERRILL LYNCH PIERCE FENNER & SMITH4+ years Filed as: MERRILL LYNCH Service code 18 · EIN 13-5674085	Investment management fees paid indir...	$8,175
TD AMERITRADE, INC.4+ years Filed as: TD AMERITRADE Service code 28 · EIN 47-0533629	Investment Management	$7,552
UBS FINANCIAL SERVICES INC2 years Filed as: UBS FINANCIAL Service code 28	Investment Management	$6,783

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$162K

$1076 / participant

Other / not subdivided$162K100.0%

% of EOY assets

0.384%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLARK, SCHAEFER, HACKETT & COMPANY
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$199,253

$47,977+315.3%

$154,111+29.3%

$56,287+254.0%

Participation rate

99.3%

66.2%+33.2pp

83.0%+16.3pp

69.9%+29.5pp

Annual return

-6.89%

3.54%-10.4pp

735.18%-742.1pp

-9.96%+3.1pp

Employer contribution / active EE

$10,684

$2,169+392.6%

$5,298+101.7%

$2,111+406.1%

Participant deferral / active EE

$6,566

$2,392+174.5%

$5,081+29.2%

$3,350+96.0%

Admin fee / account holder

$766

$438+74.8%

$13,411-94.3%

$521+47.1%

Provider

Service type

Compensation

FIFTH THIRD BANK RETIREMENT SERVICE2 years

Filed as: FIFTH THIRD BANK

Service code 22 · EIN 31-1051736

Insurance Broker

$36,462

LINCOLN NATIONAL CORPORATION2 years

Filed as: LINCOLN INVESTMENTS

Service code 28

601 OFFICE CENTER DR, SUITE 300 · FORT WASHINGTON, PA 19034

Investment Management

$16,889

PRUDENTIAL RETIREMENT INSURANCE AND4+ years

Filed as: PRUDENTIAL

Service code 28 · EIN 22-1211670

Investment Management

$14,256

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB

Service code 28 · EIN 64-1737782

Investment Management

$13,587

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY

Service code 22

Insurance Broker

$12,672

THE BANK OF NEW YORK MELLON4+ years

Filed as: PERSHING

Service code 51

Investment Mgmt Fees

$12,264

RAYMOND JAMES FINANCIAL SERVICES4+ years

Filed as: RAYMOND JAMES

Service code 28 · EIN 59-1237041

Investment Management

$11,336

MERRILL LYNCH PIERCE FENNER & SMITH4+ years

Filed as: MERRILL LYNCH

Service code 18 · EIN 13-5674085

Investment management fees paid indir...

$8,175

TD AMERITRADE, INC.4+ years

Filed as: TD AMERITRADE

Service code 28 · EIN 47-0533629

Investment Management

$7,552

UBS FINANCIAL SERVICES INC2 years

Filed as: UBS FINANCIAL

Service code 28

Investment Management

$6,783

MATERNOHIO 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MATERNOHIO 401(K) PROFIT SHARING 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