Retirement plan

BRYN MAWR SPECIALISTS ASSOCIATION PROFIT SHARING PLAN

Name: BRYN MAWR SPECIALISTS ASSOCIATION - BRYN MAWR SPECIALISTS ASSOCIATION PROFIT SHARING PLAN (2017) Form 5500
Creator: BRYN MAWR SPECIALISTS ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRYN MAWR SPECIALISTS ASSOCIATION PROFIT SHARING PLAN, BRYN MAWR SPECIALISTS ASSOCIATION

BRYN MAWR SPECIALISTS ASSOCIATIONEIN 23-1714249Plan #002PY 2017

825 OLD LANCASTER ROAD, SUITE 320 - BRYN MAWR, PA 190103819610-527-3800bmmsa.comLinkedIn201-500 employeeshospital & health care

Other plans on this EIN

2 filings

#001Retirement-$50.8M assets #003Retirement-$9.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$36M

+20.2% from 2016

Total participants

395

+7.9% from 2016

Average account balance

$100,933

+17.5% from 2016

Annual return

16.70%

+10.51 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$139.99M

Not enough data

1 years with asset history on file

Average account balance

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

$384K

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.

365

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.

51.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+10.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1148

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

Top 3 by compensation

Provider	Service type	Compensation
USI CONSULTING GROUP3+ years Filed as: BURKE GROUP Service code 16 · EIN 80-0688755	Consulting	$89,333
PRIME, BUCHHOLZ & ASSOCIATES3+ years Filed as: PRIME, BUCHOLTZ & ASSOCIATES Service code 27 · EIN 02-0426421	Advisory (Plan)	$39,242
THE BRYN MAWR TRUST COMPANY3+ years Filed as: BRYN MAWR TRUST COMPANY Service code 19 · EIN 23-2434506	Securities Custodian	$5,930

Plan features & details

Pension benefit codes2E2H2J2K2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

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

$135K

$438 / participant

Investment mgmt$39K29.2%
Contract admin$89K66.4%
Other / not subdivided$6K4.4%

% of EOY assets

0.373%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: JOSEPH P. MELVIN COMPANY, LLC
Auditor EIN: 464338146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,933

$46,173+118.6%

$170,435-40.8%

$69,631+45.0%

Participation rate

87.6%

63.9%+23.7pp

83.6%+4.0pp

70.7%+16.9pp

Annual return

16.70%

21.62%-4.9pp

205.94%-189.2pp

27571.02%-27554.3pp

Employer contribution / active EE

$1,321

$1,610-17.9%

$5,432-75.7%

$2,032-35.0%

Participant deferral / active EE

$5,626

$2,080+170.5%

$4,939+13.9%

$3,224+74.5%

Admin fee / account holder

$377

$116+224.9%

$13,881-97.3%

$110+241.2%

Provider

Service type

Compensation

USI CONSULTING GROUP3+ years

Filed as: BURKE GROUP

Service code 16 · EIN 80-0688755

Consulting

$89,333

PRIME, BUCHHOLZ & ASSOCIATES3+ years

Filed as: PRIME, BUCHOLTZ & ASSOCIATES

Service code 27 · EIN 02-0426421

Advisory (Plan)

$39,242

THE BRYN MAWR TRUST COMPANY3+ years

Filed as: BRYN MAWR TRUST COMPANY

Service code 19 · EIN 23-2434506

Securities Custodian

$5,930

BRYN MAWR SPECIALISTS ASSOCIATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRYN MAWR SPECIALISTS ASSOCIATION 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