Retirement plan

MOHAWK VALLEY CARDIOLOGY, PC 401(K) PLAN

Name: MOHAWK VALLEY CARDIOLOGY, PC - MOHAWK VALLEY CARDIOLOGY, PC 401(K) PLAN (2016) Form 5500
Creator: MOHAWK VALLEY CARDIOLOGY, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOHAWK VALLEY CARDIOLOGY, PC 401(K) PLAN, MOHAWK VALLEY CARDIOLOGY, PC

MOHAWK VALLEY CARDIOLOGY, PCEIN 26-2670095Plan #001PY 2016

1676 SUNSET AVENUE 4TH FLOOR - UTICA, NY 13502315-624-8130mohawkvalleycardiology.comLinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$924K

+41.8% from 2015

Total participants

-15.6% from 2015

Average account balance

$35,546

+3.6% from 2015

Annual return

20.13%

+17.82 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.83M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

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.

311.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$90K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6269

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

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 codes2E2G2J3D

Plan features

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$135 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.277%

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

$35,546

$181,896-80.5%

$156,551-77.3%

$273,972-87.0%

Participation rate

94.7%

88.4%+6.4pp

84.0%+10.7pp

83.0%+11.7pp

Annual return

20.13%

30.74%-10.6pp

32.23%-12.1pp

41.46%-21.3pp

Employer contribution / active EE

$2,139

$6,248-65.8%

$5,501-61.1%

$4,869-56.1%

Participant deferral / active EE

$5,427

$5,550-2.2%

$4,871+11.4%

$5,287+2.7%

Admin fee / account holder

$99

$15,560-99.4%

$13,028-99.2%

$10,133-99.0%

MOHAWK VALLEY CARDIOLOGY, PC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOHAWK VALLEY CARDIOLOGY, PC 401(K) 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