Retirement plan

MEDAMERICA HEALTH SYSTEMS CORPORATION 401(K) SAVINGS AND INVESTMENT PLAN

Name: MEDAMERICA HEALTH SYSTEMS CORPORATION - MEDAMERICA HEALTH SYSTEMS CORPORATION 401(K) SAVINGS AND INVESTMENT PLAN (2017) Form 5500
Creator: MEDAMERICA HEALTH SYSTEMS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEDAMERICA HEALTH SYSTEMS CORPORATION 401(K) SAVINGS AND INVESTMENT PLAN, MEDAMERICA HEALTH SYSTEMS CORPORATION

MEDAMERICA HEALTH SYSTEMS CORPORATIONEIN 31-1040228Plan #003PY 2017

110 N. MAIN STREET SUITE 200 - DAYTON, OH 45402937-499-5437

Prospect flagsLow participation

Top hat statement on fileNQDC

Filed November 6, 1992

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$59.9M

+56.2% from 2016

Total participants

1,854

+21.8% from 2016

Average account balance

$58,709

+28.8% from 2016

Annual return

43.15%

+31.81 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$168.91M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

2,414

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$58

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

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
METLIFE LIFE INSURANCE COMPANY1 year Service code 64 11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277	Recordkeeping Fees	$28,121
CLARK, SCHAEFER, HACKETT & CO.1 year Filed as: CLARK SCHAEFER HACKETT & CO Service code 10 10100 INNOVATIVE DRIVE · DAYTON, OH 45342	Accounting	$13,375
MSI FINANCIAL SERVICES INC.2 years Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111	Other Commissions	$7,126
A+ LETTER SERVICE, INC.1 year Service code 99 200 SYRACUSE CT · LAKEWOOD, NJ 08701	Other Fees	$6,877
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MML INVESTORS SERVICES Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111	Other Commissions	$4,331
TD AMERITRADE, INC.3+ years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$757
LARSON FINANCIAL GROUP LLC2 years Filed as: LARSON FINANCIAL GROUP Service code 71 1015 CORPORATE SQUARE DR STE 300 · ST LOUIS, MO 63132	Brokerage Fees	$244
LARSON FINANCIAL GROUP LLC2 years Filed as: LARSON FINANCIAL GR Service code 71	Brokerage Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$49K

$29 / participant

Contract admin$49K100.0%

% of EOY assets

0.082%

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: CLARK, SCHAEFER, HACKETT & CO
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,709

$44,989+30.5%

$170,435-65.6%

$77,958-24.7%

Participation rate

50.6%

64.6%-14.0pp

83.6%-33.0pp

71.6%-21.1pp

Annual return

43.15%

19.61%+23.5pp

205.94%-162.8pp

20.87%+22.3pp

Employer contribution / active EE

$635

$1,466-56.7%

$5,432-88.3%

$2,310-72.5%

Participant deferral / active EE

$3,957

$2,208+79.2%

$4,939-19.9%

$3,537+11.9%

Admin fee / account holder

$48

$69-29.9%

$13,881-99.7%

$97-50.3%

Provider

Service type

Compensation

METLIFE LIFE INSURANCE COMPANY1 year

Service code 64

11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277

Recordkeeping Fees

$28,121

CLARK, SCHAEFER, HACKETT & CO.1 year

Filed as: CLARK SCHAEFER HACKETT & CO

Service code 10

10100 INNOVATIVE DRIVE · DAYTON, OH 45342

Accounting

$13,375

MSI FINANCIAL SERVICES INC.2 years

Service code 55

1295 STATE STREET · SPRINGFIELD, MA 01111

Other Commissions

$7,126

A+ LETTER SERVICE, INC.1 year

Service code 99

200 SYRACUSE CT · LAKEWOOD, NJ 08701

Other Fees

$6,877

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MML INVESTORS SERVICES

Service code 55

1295 STATE STREET · SPRINGFIELD, MA 01111

Other Commissions

$4,331

TD AMERITRADE, INC.3+ years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$757

LARSON FINANCIAL GROUP LLC2 years

Filed as: LARSON FINANCIAL GROUP

Service code 71

1015 CORPORATE SQUARE DR STE 300 · ST LOUIS, MO 63132

Brokerage Fees

$244

LARSON FINANCIAL GROUP LLC2 years

Filed as: LARSON FINANCIAL GR

Service code 71

Brokerage Fees

MEDAMERICA HEALTH SYSTEMS CORPORATION 401(K) SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEDAMERICA HEALTH SYSTEMS CORPORATION 401(K) SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

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