Retirement plan

GLOBAL MSO 401(K) PLAN

Name: KPC GLOBAL MANAGEMENT, LLC DBA GLOBAL MSO - GLOBAL MSO 401(K) PLAN (2019) Form 5500
Creator: KPC GLOBAL MANAGEMENT, LLC DBA GLOBAL MSO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLOBAL MSO 401(K) PLAN, KPC GLOBAL MANAGEMENT, LLC DBA GLOBAL MSO

KPC GLOBAL MANAGEMENT, LLC DBA GLOBAL MSOEIN 26-4469929Plan #001PY 2019

890 W. STETSON AVENUE, SUITE B - HEMET, CA 92543951-537-6002kpcgm.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.1M

-58.1% from 2016

Total participants

146

-11.3% from 2016

Average account balance

$54,079

-20.9% from 2016

Annual return

23.44%

-45.08 pp from 2016

Benchmarks

See 5,341 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,341 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$246.43M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

4,105

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.

43.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$21.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+35.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381	Advisory (Participants)	$3,065
VOYA RETIREMENT INSURANCE & ANNUITY1 year Service code 26 · EIN 71-0294708	Advisory (Participants)	$3,065

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$8K

$58 / participant

Investment mgmt$8K100.0%

% of EOY assets

0.187%

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: MARCUM LLP
Auditor EIN: 111988632
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,079

$52,967+2.1%

$172,757-68.7%

$65,188-17.0%

Participation rate

45.8%

66.2%-20.4pp

82.6%-36.8pp

70.2%-24.4pp

Annual return

23.44%

30.12%-6.7pp

803.06%-779.6pp

29.38%-5.9pp

Employer contribution / active EE

$844

$2,190-61.5%

$5,144-83.6%

$2,177-61.2%

Participant deferral / active EE

$5,891

$2,471+138.4%

$5,198+13.3%

$3,514+67.7%

Admin fee / account holder

$101

$472-78.6%

$13,956-99.3%

$847-88.1%

Provider

Service type

Compensation

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MGMT LLC

Service code 26 · EIN 36-4317381

Advisory (Participants)

$3,065

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Service code 26 · EIN 71-0294708

Advisory (Participants)

$3,065

GLOBAL MSO 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLOBAL MSO 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