Retirement plan

UNION CITY MEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICS CASH BALANCE PENSION PLAN AND TRUST

Name: UNION CITYMEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICS - UNION CITY MEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICS CASH BALANCE PENSION PLAN AND TRUST (2017) Form 5500
Creator: UNION CITYMEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNION CITY MEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICS CASH BALANCE PENSION PLAN AND TRUST, UNION CITYMEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICS

UNION CITYMEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICSEIN 22-2294331Plan #002PY 2017

1 MADISON STREET, BUILDING A - EAST RUTHERFORD, NJ 07073800-879-2276unioncountymedicalsociety.orgLinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$4.0M assets

Prospect flagsLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$430K

+10.2% from 2016

Total participants

-20.9% from 2016

Average account balance

No prior year

Annual return

10.84%

+5.75 pp from 2016

Benchmarks

See 579 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined benefit

Participants25-99

Cohort579 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$811K

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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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.

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A1C1I

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$234 / participant

Other / not subdivided$8K100.0%

% of EOY assets

1.798%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,968-100.0%

$144,462-100.0%

$46,757-100.0%

Participation rate

0.0%

1.3%-1.3pp

11.7%-11.7pp

11.3%-11.3pp

Annual return

10.84%

11.14%-0.3pp

16.78%-5.9pp

10.41%+0.4pp

Employer contribution / active EE

$161

$14,043-98.9%

$26,328-99.4%

$14,691-98.9%

Participant deferral / active EE

$91-100.0%

$97-100.0%

$58-100.0%

Admin fee / account holder

$110-100.0%

$20,893-100.0%

$2,646-100.0%

UNION CITY MEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICS CASH BALANCE PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNION CITY MEDICAL SUPPLY, INC. D/B/A BIO-DYNAMICS CASH BALANCE PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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