Retirement plan

MAYFIELD CLINIC, INC. PROFIT SHARING/401(K) PLAN

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

MAYFIELD CLINIC, INC.EIN 31-0588183Plan #001PY 2015

3825 EDWARDS ROAD SUITE 300 - CINCINNATI, OH 452091149513-221-1100

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.4M

No prior year

Total participants

225

No prior year

Average account balance

$117,353

No prior year

Annual return

-1.63%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$72.96M

Not enough data

1 years with asset history on file

Average account balance

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

$202K

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.

361

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$422

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 3 by compensation

Provider	Service type	Compensation
FOURTH STREET PERFORMANCE PARTNERS1+ years Service code 27 · EIN 31-1508262	Advisory (Plan)	$24,965
STANCORP FINANCIAL GROUP1+ years Service code 12 · EIN 93-1253576	Custodial (other than securities); Cl...	$12,215
SCROGGINSGREAR, INC.1+ years Service code 71 · EIN 31-0795487	Brokerage Fees	$2,650

Plan features & details

Pension benefit codes2A2E2F2G2J2T

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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$49K

$278 / participant

Contract admin$49K100.0%

% of EOY assets

0.184%

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: SCROGGINSGREAR, INC.
Auditor EIN: 310795487
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$117,353

$46,360+153.1%

$147,617-20.5%

$52,331+124.3%

Participation rate

100.0%

64.9%+35.1pp

84.6%+15.4pp

68.1%+31.9pp

Annual return

-1.63%

1.62%-3.2pp

61.98%-63.6pp

4.54%-6.2pp

Employer contribution / active EE

$6,186

$2,126+190.9%

$5,564+11.2%

$1,882+228.7%

Participant deferral / active EE

$5,101

$2,258+125.9%

$4,895+4.2%

$3,022+68.8%

Admin fee / account holder

$216

$766-71.7%

$11,612-98.1%

$592-63.4%

Provider

Service type

Compensation

FOURTH STREET PERFORMANCE PARTNERS1+ years

Service code 27 · EIN 31-1508262

Advisory (Plan)

$24,965

STANCORP FINANCIAL GROUP1+ years

Service code 12 · EIN 93-1253576

Custodial (other than securities); Cl...

$12,215

SCROGGINSGREAR, INC.1+ years

Service code 71 · EIN 31-0795487

Brokerage Fees

$2,650

MAYFIELD CLINIC, INC. PROFIT SHARING/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAYFIELD CLINIC, INC. PROFIT SHARING/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