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 (2019) 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 2019

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

Other plans on this EIN

1 filing

#001Retirement-$18.4M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$21.9M

+25.9% from 2018

Total participants

+7.2% from 2018

Average account balance

$252,006

+15.8% from 2018

Annual return

23.31%

+27.97 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$17879 / participant

Other / not subdivided$1M100.0%

% of EOY assets

5.219%

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

$252,006

$85,171+195.9%

$172,752+45.9%

$72,975+245.3%

Participation rate

96.9%

70.1%+26.8pp

82.6%+14.2pp

69.5%+27.4pp

Annual return

23.31%

27.32%-4.0pp

802.97%-779.7pp

81.01%-57.7pp

Employer contribution / active EE

$9,383

$3,324+182.3%

$5,144+82.4%

$2,440+284.5%

Participant deferral / active EE

$14,429

$3,260+342.6%

$5,198+177.6%

$3,608+299.9%

Admin fee / account holder

$13,152

$5,880+123.7%

$13,955-5.8%

$5,124+156.7%

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