Retirement plan

MERCER BUCKS ORTHOPAEDICS, P.C. 401K AND PROFIT SHARING PLAN

Name: MERCER BUCKS ORTHOPAEDICS, P.C. - MERCER BUCKS ORTHOPAEDICS, P.C. 401K AND PROFIT SHARING PLAN (2017) Form 5500
Creator: MERCER BUCKS ORTHOPAEDICS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERCER BUCKS ORTHOPAEDICS, P.C. 401K AND PROFIT SHARING PLAN, MERCER BUCKS ORTHOPAEDICS, P.C.

MERCER BUCKS ORTHOPAEDICS, P.C.EIN 22-3572852Plan #001PY 2017

2501 KUSER ROAD - HAMILTON, NJ 086913302609-896-0444

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$12.2M

+13.5% from 2016

Total participants

170

+25.9% from 2016

Average account balance

$95,985

+20.7% from 2016

Annual return

12.42%

+5.58 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 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

+6.19%

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
CONTINENTAL BENEFITS GROUP, INC.1 year Filed as: CONTINENTAL BENEFITS GROUP Service code 13 · EIN 01-0724493 95 CONNECTICUT DR · BURLINGTON, NJ 08010	Contract Administrator	$510
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$475
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346	Recordkeeping	$228

Plan features & details

Pension benefit codes2A2E2G2J2K2R3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$53K

$401 / participant

Investment mgmt$38K71.9%
Contract admin$15K28.1%

% of EOY assets

0.434%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BACHELER & COMPANY, P.C.
Auditor EIN: 232978066
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,985

$55,453+73.1%

$170,442-43.7%

$62,292+54.1%

Participation rate

67.4%

66.4%+1.1pp

83.6%-16.2pp

69.5%-2.1pp

Annual return

12.42%

21.38%-9.0pp

205.93%-193.5pp

28.90%-16.5pp

Employer contribution / active EE

$4,053

$2,164+87.3%

$5,433-25.4%

$2,042+98.4%

Participant deferral / active EE

$3,763

$2,303+63.4%

$4,939-23.8%

$3,169+18.7%

Admin fee / account holder

$417

$455-8.4%

$13,880-97.0%

$479-13.0%

Provider

Service type

Compensation

CONTINENTAL BENEFITS GROUP, INC.1 year

Filed as: CONTINENTAL BENEFITS GROUP

Service code 13 · EIN 01-0724493

95 CONNECTICUT DR · BURLINGTON, NJ 08010

Contract Administrator

$510

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$475

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

Recordkeeping

$228

MERCER BUCKS ORTHOPAEDICS, P.C. 401K AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERCER BUCKS ORTHOPAEDICS, P.C. 401K AND 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