Retirement plan

MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) PROFIT SHARING PLAN

Name: MARGIOTTI & KROLL PEDIATRICS, P.C. - MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: MARGIOTTI & KROLL PEDIATRICS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) PROFIT SHARING PLAN, MARGIOTTI & KROLL PEDIATRICS, P.C.

MARGIOTTI & KROLL PEDIATRICS, P.C.EIN 23-3045289Plan #001PY 2017

130 BUCK ROAD, SUITE 101 - UPPER HOLLAND, PA 18966215-364-5800mkpeds.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$4.4M

+23.4% from 2016

Total participants

107

+10.3% from 2016

Average account balance

$41,696

+14.0% from 2016

Annual return

15.85%

+7.22 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

$8.09M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

121

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$506K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.40%

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

1 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 codes2E2F2J2T3D

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).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$53K

$712 / participant

Other / not subdivided$53K100.0%

% of EOY assets

1.204%

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

$41,696

$84,236-50.5%

$170,435-75.5%

$70,126-40.5%

Participation rate

97.3%

70.8%+26.5pp

83.6%+13.7pp

69.5%+27.8pp

Annual return

15.85%

23.06%-7.2pp

205.94%-190.1pp

73.15%-57.3pp

Employer contribution / active EE

$1,673

$3,387-50.6%

$5,432-69.2%

$2,343-28.6%

Participant deferral / active EE

$2,652

$3,086-14.1%

$4,939-46.3%

$3,332-20.4%

Admin fee / account holder

$502

$5,698-91.2%

$13,881-96.4%

$4,645-89.2%

MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARGIOTTI & KROLL PEDIATRICS, P.C. 401(K) 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