Retirement plan

VANGUARD MEDICAL GROUP,PA 401(K) PROFIT SHARING

Name: VANGUARD MEDICAL GROUP, PA - VANGUARD MEDICAL GROUP,PA 401(K) PROFIT SHARING (2016) Form 5500
Creator: VANGUARD MEDICAL GROUP, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VANGUARD MEDICAL GROUP,PA 401(K) PROFIT SHARING, VANGUARD MEDICAL GROUP, PA

VANGUARD MEDICAL GROUP, PAEIN 22-2592636Plan #001PY 2016

700 ROUTE 46 EAST SUITE 450 - FAIRFIELD, NJ 07004973-239-2600

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.5M

+23.9% from 2015

Total participants

116

+4.5% from 2015

Average account balance

$58,923

+26.6% from 2015

Annual return

11.58%

+14.53 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.89M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

183

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.

66.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41

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 codes2E2F2G2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$183K

$1931 / participant

Other / not subdivided$183K100.0%

% of EOY assets

3.347%

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

$58,923

$77,638-24.1%

$156,551-62.4%

$62,881-6.3%

Participation rate

75.8%

71.2%+4.6pp

84.0%-8.2pp

69.3%+6.5pp

Annual return

11.58%

50.33%-38.7pp

32.23%-20.6pp

20.14%-8.6pp

Employer contribution / active EE

$2,235

$3,444-35.1%

$5,501-59.4%

$2,281-2.0%

Participant deferral / active EE

$5,100

$3,046+67.5%

$4,871+4.7%

$3,203+59.2%

Admin fee / account holder

$1,972

$5,561-64.5%

$13,028-84.9%

$4,296-54.1%

VANGUARD MEDICAL GROUP,PA 401(K) PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VANGUARD MEDICAL GROUP,PA 401(K) PROFIT SHARING

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