Retirement plan

MIMEDX GROUP, INC. 401(K) PLAN

Name: MIMEDX GROUP, INC. - MIMEDX GROUP, INC. 401(K) PLAN (2015) Form 5500
Creator: MIMEDX GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIMEDX GROUP, INC. 401(K) PLAN, MIMEDX GROUP, INC.

MIMEDX GROUP, INC.EIN 26-2792552Plan #001PY 2015

1775 WEST OAK COMMONS COURT - MARIETTA, GA 30062770-651-9100LinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$9.5M

No prior year

Total participants

553

No prior year

Average account balance

$19,477

No prior year

Annual return

9.28%

No prior year

Benchmarks

See 690 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort690 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$86.20M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

1,188

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.47M

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

+17.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$80

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 15 ONE NATIONWDIE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$69,289
PFS INVESTMENTS1+ years Filed as: PFS Service code 13 3700 CRESTWOOD PARKWAY SUITE 550 · DULUTH, GA 300967157	Contract Administrator	$7,620

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$9K

$19 / participant

Contract admin$2K20.6%
Other / not subdivided$7K79.4%

% of EOY assets

0.095%

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: CHERRY BAEKAERT, LLP
Auditor EIN: 560574444
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,477

$38,925-50.0%

$73,845-73.6%

$55,191-64.7%

Participation rate

86.8%

66.0%+20.8pp

73.4%+13.4pp

69.2%+17.7pp

Annual return

9.28%

6.31%+3.0pp

2267.91%-2258.6pp

10.78%-1.5pp

Employer contribution / active EE

$1,695-99.8%

$2,788-99.9%

$1,899-99.9%

Participant deferral / active EE

$7,657

$2,351+225.7%

$3,583+113.7%

$3,046+151.4%

Admin fee / account holder

$19

$83-77.6%

$4,881-99.6%

$91-79.6%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 15

ONE NATIONWDIE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$69,289

PFS INVESTMENTS1+ years

Filed as: PFS

Service code 13

3700 CRESTWOOD PARKWAY SUITE 550 · DULUTH, GA 300967157

Contract Administrator

$7,620

MIMEDX GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIMEDX GROUP, INC. 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