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 (2019) 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 2019

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.6M

+17.3% from 2018

Total participants

135

-2.9% from 2018

Average account balance

$111,159

+15.5% from 2018

Annual return

17.37%

+22.98 pp from 2018

Benchmarks

See 18,455 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,455 peers

Snapshot2019

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.

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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.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS3 years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$0
CONTINENTAL BENEFITS GROUP, INC.3 years Filed as: CONTINENTAL BENEFITS GROUP Service code 13 · EIN 01-0724493 95 CONNECTICUT DR · BURLINGTON, NJ 08010	Contract Administrator	$0
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346	Recordkeeping	$0

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

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

$75K

$815 / participant

Investment mgmt$43K57.2%
Contract admin$32K42.8%

% of EOY assets

0.515%

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

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,159

$85,202+30.5%

$172,739-35.6%

$72,985+52.3%

Participation rate

95.7%

70.1%+25.6pp

82.6%+13.0pp

69.5%+26.2pp

Annual return

17.37%

27.32%-10.0pp

802.84%-785.5pp

81.00%-63.6pp

Employer contribution / active EE

$5,668

$3,324+70.5%

$5,143+10.2%

$2,440+132.3%

Participant deferral / active EE

$5,350

$3,260+64.1%

$5,198+2.9%

$3,607+48.3%

Admin fee / account holder

$572

$5,884-90.3%

$13,954-95.9%

$5,124-88.8%

Provider

Service type

Compensation

AMERICAN FUNDS3 years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

CONTINENTAL BENEFITS GROUP, INC.3 years

Filed as: CONTINENTAL BENEFITS GROUP

Service code 13 · EIN 01-0724493

95 CONNECTICUT DR · BURLINGTON, NJ 08010

Contract Administrator

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

Recordkeeping

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