Retirement plan

MIAMI VALLEY EMERGENCY SPECIALISTS, LLC 401(K) PROFIT SHARING PLAN

Name: MIAMI VALLEY EMERGENCY SPECIALISTS, LLC - MIAMI VALLEY EMERGENCY SPECIALISTS, LLC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: MIAMI VALLEY EMERGENCY SPECIALISTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIAMI VALLEY EMERGENCY SPECIALISTS, LLC 401(K) PROFIT SHARING PLAN, MIAMI VALLEY EMERGENCY SPECIALISTS, LLC

MIAMI VALLEY EMERGENCY SPECIALISTS, LLCEIN 31-1712716Plan #002PY 2018

1 WYOMING STREET - DAYTON, OH 454092722937-546-9133mvesonline.comLinkedIn51-200 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$18.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$17.4M

+2.7% from 2017

Total participants

+16.9% from 2017

Average account balance

$217,634

-10.1% from 2017

Annual return

-4.66%

-24.54 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.03M

Not enough data

1 years with asset history on file

Average account balance

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

$321K

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.

134

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.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.98M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+15.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$983

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

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

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

$221K

$3198 / participant

Other / not subdivided$221K100.0%

% of EOY assets

1.267%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$217,634

$75,962+186.5%

$154,108+41.2%

$64,173+239.1%

Participation rate

95.7%

70.4%+25.2pp

83.0%+12.6pp

69.6%+26.1pp

Annual return

-4.66%

30.32%-35.0pp

735.21%-739.9pp

7.63%-12.3pp

Employer contribution / active EE

$8,113

$3,350+142.2%

$5,298+53.1%

$2,381+240.8%

Participant deferral / active EE

$12,185

$3,175+283.8%

$5,081+139.8%

$3,470+251.2%

Admin fee / account holder

$2,758

$5,589-50.6%

$13,411-79.4%

$4,887-43.6%

MIAMI VALLEY EMERGENCY SPECIALISTS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIAMI VALLEY EMERGENCY SPECIALISTS, LLC 401(K) PROFIT SHARING 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