Retirement plan

MEDIC RESCUE, INC. RETIREMENT PLAN FOR BARGAINED EMPLOYEES

Name: NON PROFIT EMERGENCY SERVICES DBA MEDIC RESCUE - MEDIC RESCUE, INC. RETIREMENT PLAN FOR BARGAINED EMPLOYEES (2020) Form 5500
Creator: NON PROFIT EMERGENCY SERVICES DBA MEDIC RESCUE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEDIC RESCUE, INC. RETIREMENT PLAN FOR BARGAINED EMPLOYEES, NON PROFIT EMERGENCY SERVICES DBA MEDIC RESCUE

NON PROFIT EMERGENCY SERVICES DBA MEDIC RESCUEEIN 25-1349503Plan #001PY 2020

1019 RIVERSIDE DR. - BRIDGEWATER, PA 15009724-728-8470

Other plans on this EIN

1 filing

#002Retirement-$1.2M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$2.4M

+13.1% from 2019

Total participants

128

-5.2% from 2019

Average account balance

$34,410

+11.5% from 2019

Annual return

16.14%

-2.76 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.21M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

101

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.

107.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$157K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$823

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION4 years Service code 13 · EIN 35-1140070	Contract Administrator	$21,372
DUNBAR, BENDER & ZAPF, INC.4 years Filed as: DUNBAR, BENDER & ZAPF, INC Service code 15 · EIN 25-1650062	Recordkeeping	$650

Plan features & details

Pension benefit codes2E2G2J2K3D2F2T

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).
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.
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

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

$22K

$200 / participant

Contract admin$22K100.0%

% of EOY assets

0.901%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: H2R CPA
Auditor EIN: 251031723
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,410

$58,888-41.6%

$178,499-80.7%

$73,493-53.2%

Participation rate

48.2%

66.2%-18.1pp

81.9%-33.7pp

70.7%-22.5pp

Annual return

16.14%

24.86%-8.7pp

151.10%-135.0pp

28.51%-12.4pp

Employer contribution / active EE

$513

$2,236-77.1%

$5,011-89.8%

$2,270-77.4%

Participant deferral / active EE

$1,007

$2,568-60.8%

$5,202-80.6%

$3,740-73.1%

Admin fee / account holder

$310

$400-22.5%

$13,986-97.8%

$513-39.5%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION4 years

Service code 13 · EIN 35-1140070

Contract Administrator

$21,372

DUNBAR, BENDER & ZAPF, INC.4 years

Filed as: DUNBAR, BENDER & ZAPF, INC

Service code 15 · EIN 25-1650062

Recordkeeping

$650

MEDIC RESCUE, INC. RETIREMENT PLAN FOR BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEDIC RESCUE, INC. RETIREMENT PLAN FOR BARGAINED EMPLOYEES

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