Retirement plan

MATERNOHIO 401(K) PROFIT SHARING PLAN AND TRUST

Name: MATERNOHIO CLINICAL ASSOCIATES, INC. - MATERNOHIO 401(K) PROFIT SHARING PLAN AND TRUST (2020) 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 2020

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

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$51.7M

+14.3% from 2019

Total participants

190

-0.5% from 2019

Average account balance

$274,831

+15.5% from 2019

Annual return

11.80%

-1.73 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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
AMERICAN FUNDS4 years Service code 28	Investment Management	$0
CHARLES SCHWAB & CO., INC.6+ years Filed as: CHARLES SCHWAB Service code 28 · EIN 64-1737782	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL4 years Filed as: FIDELITY Service code 22	Insurance Broker	$0
FIFTH THIRD BANK RETIREMENT SERVICE4 years Filed as: FIFTH THIRD BANK Service code 22 · EIN 31-1051736	Insurance Broker	$0
JACKSON SQUARE PARTNERS2 years Filed as: JACKSON NATIONAL LIFE INSURANCE Service code 28	Investment Management	$0
LINCOLN NATIONAL CORPORATION4 years Filed as: LINCOLN INVESTMENTS Service code 28 601 OFFICE CENTER DR, SUITE 300 · FORT WASHINGTON, PA 19034	Investment Management	$0
MERRILL LYNCH PIERCE FENNER & SMITH6+ years Filed as: MERRILL LYNCH Service code 18 · EIN 13-5674085	Investment management fees paid indir...	$0
MORGAN STANLEY SMITH BARNEY6+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632 545 METRO PLACE SOUTH, SUITE 300 · DUBLIN, OH 43017	Recordkeeping	$0
THE BANK OF NEW YORK MELLON6+ years Filed as: PERSHING Service code 51	Investment Mgmt Fees	$0
PRUDENTIAL RETIREMENT INSURANCE AND6+ years Filed as: PRUDENTIAL Service code 28 · EIN 22-1211670	Investment Management	$0

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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$251K

$2043 / participant

Other / not subdivided$251K100.0%

% of EOY assets

0.486%

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

$274,831

$58,888+366.7%

$178,499+54.0%

$73,493+274.0%

Participation rate

98.4%

66.2%+32.1pp

81.9%+16.4pp

70.7%+27.7pp

Annual return

11.80%

24.86%-13.1pp

151.10%-139.3pp

28.51%-16.7pp

Employer contribution / active EE

$11,961

$2,236+434.9%

$5,011+138.7%

$2,270+426.9%

Participant deferral / active EE

$8,222

$2,568+220.2%

$5,202+58.0%

$3,740+119.8%

Admin fee / account holder

$1,336

$400+233.8%

$13,986-90.4%

$513+160.5%

Provider

Service type

Compensation

AMERICAN FUNDS4 years

Service code 28

Investment Management

CHARLES SCHWAB & CO., INC.6+ years

Filed as: CHARLES SCHWAB

Service code 28 · EIN 64-1737782

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL4 years

Filed as: FIDELITY

Service code 22

Insurance Broker

FIFTH THIRD BANK RETIREMENT SERVICE4 years

Filed as: FIFTH THIRD BANK

Service code 22 · EIN 31-1051736

Insurance Broker

JACKSON SQUARE PARTNERS2 years

Filed as: JACKSON NATIONAL LIFE INSURANCE

Service code 28

Investment Management

LINCOLN NATIONAL CORPORATION4 years

Filed as: LINCOLN INVESTMENTS

Service code 28

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

Investment Management

MERRILL LYNCH PIERCE FENNER & SMITH6+ years

Filed as: MERRILL LYNCH

Service code 18 · EIN 13-5674085

Investment management fees paid indir...

MORGAN STANLEY SMITH BARNEY6+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 15 · EIN 26-4310632

545 METRO PLACE SOUTH, SUITE 300 · DUBLIN, OH 43017

Recordkeeping

THE BANK OF NEW YORK MELLON6+ years

Filed as: PERSHING

Service code 51

Investment Mgmt Fees

PRUDENTIAL RETIREMENT INSURANCE AND6+ years

Filed as: PRUDENTIAL

Service code 28 · EIN 22-1211670

Investment Management

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