Retirement plan

MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A. 401K PROFIT SHARING PLAN

Name: MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A. - MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A. 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A. 401K PROFIT SHARING PLAN, MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A.

MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A.EIN 22-3346014Plan #002PY 2017

140 EAST HANOVER AVENUE - CEDAR KNOLLS, NJ 07927973-971-5488

Other plans on this EIN

1 filing

#003Retirement-$8.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10M

+6.1% from 2016

Total participants

-3.4% from 2016

Average account balance

$176,145

+9.9% from 2016

Annual return

13.57%

+7.21 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.45M

Not enough data

1 years with asset history on file

Average account balance

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

$322K

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

1 years with headcount on file

Eligible Participants and Participation

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

113.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+17.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40220

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

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 codes2E2F2G2J2R3D

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.
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

$1.5M

$31166 / participant

Other / not subdivided$2M100.0%

% of EOY assets

15.210%

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

$176,145

$84,236+109.1%

$170,435+3.4%

$70,126+151.2%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

13.57%

23.06%-9.5pp

205.94%-192.4pp

73.15%-59.6pp

Employer contribution / active EE

$4,681

$3,387+38.2%

$5,432-13.8%

$2,343+99.8%

Participant deferral / active EE

$11,930

$3,086+286.6%

$4,939+141.5%

$3,332+258.1%

Admin fee / account holder

$26,792

$5,698+370.2%

$13,881+93.0%

$4,645+476.7%

MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDATLANTIC NEONATOLOGY ASSOCIATES, P.A. 401K PROFIT SHARING PLAN

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