Retirement plan

MATERNOHIO 401(K) PROFIT SHARING PLAN AND TRUST

Name: MATERNOHIO CLINICAL ASSOCIATES, INC. - MATERNOHIO 401(K) PROFIT SHARING PLAN AND TRUST (2019) 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 2019

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)

$45.2M

+7.0% from 2018

Total participants

191

-10.3% from 2018

Average account balance

$237,903

+19.4% from 2018

Annual return

13.53%

+20.42 pp from 2018

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

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 SERVICE3 years Filed as: FIFTH THIRD BANK Service code 22 · EIN 31-1051736	Insurance Broker	$29,910
THE BANK OF NEW YORK MELLON5+ years Filed as: PERSHING Service code 51	Investment Mgmt Fees	$15,586
PRUDENTIAL RETIREMENT INSURANCE AND5+ years Filed as: PRUDENTIAL Service code 28 · EIN 22-1211670	Investment Management	$15,109
LINCOLN NATIONAL CORPORATION3 years Filed as: LINCOLN INVESTMENTS Service code 28 601 OFFICE CENTER DR, SUITE 300 · FORT WASHINGTON, PA 19034	Investment Management	$14,695
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB Service code 28 · EIN 64-1737782	Investment Management	$14,302
RAYMOND JAMES FINANCIAL SERVICES5+ years Filed as: RAYMOND JAMES Service code 28 · EIN 59-1237041	Investment Management	$12,012
MERRILL LYNCH PIERCE FENNER & SMITH5+ years Filed as: MERRILL LYNCH Service code 18 · EIN 13-5674085	Custodial (other than securities); Se...	$9,347
TD AMERITRADE, INC.5+ years Filed as: TD AMERITRADE Service code 28 · EIN 47-0533629	Investment Management	$8,023
SEI INVESTMENTS2 years Service code 21 1 FREEDOM VALLEY DRIVE · OAKS, PA 19456	Bank Trustee	$7,430
UBS FINANCIAL SERVICES INC3 years Filed as: UBS FINANCIAL Service code 28	Investment Management	$7,354

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

$202K

$1619 / participant

Other / not subdivided$202K100.0%

% of EOY assets

0.448%

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

$237,903

$52,961+349.2%

$172,755+37.7%

$65,185+265.0%

Participation rate

99.2%

66.2%+33.0pp

82.6%+16.6pp

70.2%+29.0pp

Annual return

13.53%

30.12%-16.6pp

802.94%-789.4pp

29.38%-15.9pp

Employer contribution / active EE

$12,104

$2,190+452.7%

$5,144+135.3%

$2,177+456.1%

Participant deferral / active EE

$7,986

$2,471+223.2%

$5,198+53.7%

$3,514+127.3%

Admin fee / account holder

$1,065

$472+125.6%

$13,955-92.4%

$847+25.7%

Provider

Service type

Compensation

FIFTH THIRD BANK RETIREMENT SERVICE3 years

Filed as: FIFTH THIRD BANK

Service code 22 · EIN 31-1051736

Insurance Broker

$29,910

THE BANK OF NEW YORK MELLON5+ years

Filed as: PERSHING

Service code 51

Investment Mgmt Fees

$15,586

PRUDENTIAL RETIREMENT INSURANCE AND5+ years

Filed as: PRUDENTIAL

Service code 28 · EIN 22-1211670

Investment Management

$15,109

LINCOLN NATIONAL CORPORATION3 years

Filed as: LINCOLN INVESTMENTS

Service code 28

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

Investment Management

$14,695

CHARLES SCHWAB & CO., INC.5+ years

Filed as: CHARLES SCHWAB

Service code 28 · EIN 64-1737782

Investment Management

$14,302

RAYMOND JAMES FINANCIAL SERVICES5+ years

Filed as: RAYMOND JAMES

Service code 28 · EIN 59-1237041

Investment Management

$12,012

MERRILL LYNCH PIERCE FENNER & SMITH5+ years

Filed as: MERRILL LYNCH

Service code 18 · EIN 13-5674085

Custodial (other than securities); Se...

$9,347

TD AMERITRADE, INC.5+ years

Filed as: TD AMERITRADE

Service code 28 · EIN 47-0533629

Investment Management

$8,023

SEI INVESTMENTS2 years

Service code 21

1 FREEDOM VALLEY DRIVE · OAKS, PA 19456

Bank Trustee

$7,430

UBS FINANCIAL SERVICES INC3 years

Filed as: UBS FINANCIAL

Service code 28

Investment Management

$7,354

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