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 (2020) 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 2020

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$16.6M

+13.7% from 2019

Total participants

140

+3.7% from 2019

Average account balance

$118,284

+6.4% from 2019

Annual return

14.30%

-3.06 pp from 2019

Benchmarks

See 18,640 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,640 peers

Snapshot2020

See peer percentile detail. $4.99 for your first 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
CRESAP INC.1 year Service code 27 259 N RADNOR-CHESTER RD STE 2 · RADNOR, PA 19087	Advisory (Plan)	$20,580
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS Service code 64 6455 IRVINE CENTER DR · IRVINE, CA 92618	Recordkeeping Fees	$12,705
CONTNENTAL BENEFITS GROUP INC1 year Service code 13 · EIN 01-0724493 95 CONNECTICUT DR, STE C · BURLINGTON, NJ 080164180	Contract Administrator	$1,955

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

$81K

$918 / participant

Investment mgmt$45K55.9%
Contract admin$36K44.1%

% of EOY assets

0.488%

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

$118,284

$91,190+29.7%

$178,490-33.7%

$79,858+48.1%

Participation rate

100.0%

69.2%+30.8pp

81.9%+18.1pp

69.6%+30.4pp

Annual return

14.30%

24.19%-9.9pp

151.07%-136.8pp

31.71%-17.4pp

Employer contribution / active EE

$5,398

$3,256+65.8%

$5,011+7.7%

$2,471+118.5%

Participant deferral / active EE

$5,930

$3,236+83.2%

$5,202+14.0%

$3,740+58.5%

Admin fee / account holder

$577

$6,751-91.5%

$13,984-95.9%

$5,306-89.1%

Provider

Service type

Compensation

CRESAP INC.1 year

Service code 27

259 N RADNOR-CHESTER RD STE 2 · RADNOR, PA 19087

Advisory (Plan)

$20,580

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS

Service code 64

6455 IRVINE CENTER DR · IRVINE, CA 92618

Recordkeeping Fees

$12,705

CONTNENTAL BENEFITS GROUP INC1 year

Service code 13 · EIN 01-0724493

95 CONNECTICUT DR, STE C · BURLINGTON, NJ 080164180

Contract Administrator

$1,955

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