Retirement plan

MK MEDICAL COMMUNICATIONS LLC 401(K) PLAN

Name: MK MEDICAL COMMUNICATIONS LLC - MK MEDICAL COMMUNICATIONS LLC 401(K) PLAN (2020) Form 5500
Creator: MK MEDICAL COMMUNICATIONS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MK MEDICAL COMMUNICATIONS LLC 401(K) PLAN, MK MEDICAL COMMUNICATIONS LLC

MK MEDICAL COMMUNICATIONS LLCEIN 27-0305275Plan #002PY 2020

501 FIFTH AVENUE - NEW YORK, NY 10017212-661-7400

Other plans on this EIN

1 filing

#003Retirement-$567K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.4M

+27.2% from 2019

Total participants

0.0% from 2019

Average account balance

$228,943

+27.2% from 2019

Annual return

14.14%

-11.36 pp from 2019

Benchmarks

See 120,779 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,779 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.34M

Not enough data

1 years with asset history on file

Average account balance

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

$223K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

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

+17.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16925

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 codes2E2J3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.

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

$228,943

$165,361+38.5%

$149,715+52.9%

$158,950+44.0%

Participation rate

100.0%

84.6%+15.4pp

82.5%+17.5pp

82.0%+18.0pp

Annual return

14.14%

348.24%-334.1pp

276.66%-262.5pp

302.91%-288.8pp

Employer contribution / active EE

$13,933

$5,103+173.0%

$4,645+200.0%

$4,762+192.6%

Participant deferral / active EE

$9,584

$7,182+33.5%

$6,842+40.1%

$5,983+60.2%

Admin fee / account holder

$10,808-100.0%

$9,310-100.0%

$11,248-100.0%

MK MEDICAL COMMUNICATIONS LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MK MEDICAL COMMUNICATIONS LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion