Retirement plan

GENESIS MEDICAL ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Name: GENESIS MEDICAL ASSOCIATES, INC. - GENESIS MEDICAL ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: GENESIS MEDICAL ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENESIS MEDICAL ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN, GENESIS MEDICAL ASSOCIATES, INC.

GENESIS MEDICAL ASSOCIATES, INC.EIN 25-1753321Plan #001PY 2016

8150 PERRY HIGHWAY, SUITE 300 - PITTSBURGH, PA 15237412-369-9550genesismedical.orgLinkedIn51-200 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$25.6M

+14.6% from 2015

Total participants

163

+12.4% from 2015

Average account balance

$157,152

+0.6% from 2015

Annual return

8.70%

+8.92 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.46M

Not enough data

1 years with asset history on file

Average account balance

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

$155K

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.

319

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$291

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 4 by compensation

Provider	Service type	Compensation
KLINE KEPPEL & KORYAK PC2+ years Filed as: KLINE, KEPPEL, KORYAK Service code 10 REGIONAL ENTERPRISE TOWER · PITTSBURGH, PA 15219	Accounting	$6,245
DUNBAR, BENDER & ZAPF, INC.2+ years Filed as: DUNBAR, BENDER AND ZAPF, INC. Service code 13 437 GRANT STREET · PITTSBURGH, PA 15219	Contract Administrator	$5,700
AMERICAN FUNDS2+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$694
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 55 1 MONROEVILLE CTR · MONROEVILLE, PA 151464048	Other Commissions	$0

Plan features & details

Pension benefit codes2A2E2G2J2T

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$13K

$91 / participant

Contract admin$6K50.8%
Other / not subdivided$6K49.2%

% of EOY assets

0.050%

all-in expense ratio

Categories reported

1 / 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: KLINE KEPPEL AND KORYAK PC
Auditor EIN: 251400745
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$157,152

$46,732+236.3%

$156,551+0.4%

$55,167+184.9%

Participation rate

100.0%

65.8%+34.2pp

84.0%+16.0pp

69.0%+31.0pp

Annual return

8.70%

17.72%-9.0pp

32.23%-23.5pp

169.23%-160.5pp

Employer contribution / active EE

$5,825

$2,105+176.7%

$5,501+5.9%

$1,963+196.8%

Participant deferral / active EE

$4,393

$2,204+99.3%

$4,871-9.8%

$3,054+43.8%

Admin fee / account holder

$78

$418-81.4%

$13,028-99.4%

$504-84.6%

Provider

Service type

Compensation

KLINE KEPPEL & KORYAK PC2+ years

Filed as: KLINE, KEPPEL, KORYAK

Service code 10

REGIONAL ENTERPRISE TOWER · PITTSBURGH, PA 15219

Accounting

$6,245

DUNBAR, BENDER & ZAPF, INC.2+ years

Filed as: DUNBAR, BENDER AND ZAPF, INC.

Service code 13

437 GRANT STREET · PITTSBURGH, PA 15219

Contract Administrator

$5,700

AMERICAN FUNDS2+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$694

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 55

1 MONROEVILLE CTR · MONROEVILLE, PA 151464048

Other Commissions

GENESIS MEDICAL ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENESIS MEDICAL ASSOCIATES, INC. 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