Retirement plan

MR. PRESCRIPTION, INC. AND CLARKS RX, LLC PROFIT SHARING 401K PLAN

Name: MR. PRESCRIPTION, INC. AND CLARKS RX, LLC - MR. PRESCRIPTION, INC. AND CLARKS RX, LLC PROFIT SHARING 401K PLAN (2016) Form 5500
Creator: MR. PRESCRIPTION, INC. AND CLARKS RX, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MR. PRESCRIPTION, INC. AND CLARKS RX, LLC PROFIT SHARING 401K PLAN, MR. PRESCRIPTION, INC. AND CLARKS RX, LLC

MR. PRESCRIPTION, INC. AND CLARKS RX, LLCEIN 31-0865511Plan #001PY 2016

7333 PARAGON RD., SUITE 160 - CENTERVILLE, OH 45459937-428-7970

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$5.3M

+11.0% from 2015

Total participants

169

+4.3% from 2015

Average account balance

$83,718

+21.6% from 2015

Annual return

7.63%

+9.54 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$60K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-98.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$60

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
BRINKER CAPITAL2+ years Service code 28 · EIN 23-2829742	Investment Management	$16,821
THE BENEFITS GROUP, LLC2+ years Filed as: LS BENEFITS GROUP Service code 27 7755 PARAGON ROAD · DAYTON, OH 45459	Advisory (Plan)	$14,418
PROFESSIONAL CAPITAL SERVICES, LLC2+ years Service code 13 1801 MARKET STREET · PHILADELPHIA, PA 19103	Contract Administrator	$9,224

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

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.
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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$43K

$286 / participant

Investment mgmt$31K72.2%
Contract admin$9K21.3%
Other / not subdivided$3K6.4%

% of EOY assets

0.820%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSIER & ASSOCIATES CPAS, INC.
Auditor EIN: 471912410
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,718

$42,546+96.8%

$71,796+16.6%

$55,167+51.8%

Participation rate

29.8%

59.1%-29.3pp

69.1%-39.3pp

69.0%-39.2pp

Annual return

7.63%

12.36%-4.7pp

78.04%-70.4pp

169.23%-161.6pp

Employer contribution / active EE

$1,058

$803+31.7%

$1,924-45.0%

$1,963-46.1%

Participant deferral / active EE

$1,227

$2,064-40.6%

$2,794-56.1%

$3,054-59.8%

Admin fee / account holder

$686

$650+5.7%

$4,815-85.7%

$504+36.2%

Provider

Service type

Compensation

BRINKER CAPITAL2+ years

Service code 28 · EIN 23-2829742

Investment Management

$16,821

THE BENEFITS GROUP, LLC2+ years

Filed as: LS BENEFITS GROUP

Service code 27

7755 PARAGON ROAD · DAYTON, OH 45459

Advisory (Plan)

$14,418

PROFESSIONAL CAPITAL SERVICES, LLC2+ years

Service code 13

1801 MARKET STREET · PHILADELPHIA, PA 19103

Contract Administrator

$9,224

MR. PRESCRIPTION, INC. AND CLARKS RX, LLC PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MR. PRESCRIPTION, INC. AND CLARKS RX, LLC PROFIT SHARING 401K 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