Retirement plan

EMERGENCY MEDICINE PHYSICIANS PROFIT SHARING/401(K) PLAN AND TRUST

Name: EMP MANAGEMENT GROUP, LTD. - EMERGENCY MEDICINE PHYSICIANS PROFIT SHARING/401(K) PLAN AND TRUST (2016) Form 5500
Creator: EMP MANAGEMENT GROUP, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMERGENCY MEDICINE PHYSICIANS PROFIT SHARING/401(K) PLAN AND TRUST, EMP MANAGEMENT GROUP, LTD.

EMP MANAGEMENT GROUP, LTD.EIN 34-1807694Plan #001PY 2016

4535 DRESSLER RD NW - CANTON, OH 44718330-493-4443usacs.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$383.8M

-10.6% from 2016

Total participants

2,571

-6.3% from 2016

Average account balance

$152,294

+0.1% from 2016

Annual return

8.66%

-8.89 pp from 2016

Benchmarks

See 1,286 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,286 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.94B

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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.

9,720

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$166.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+18.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES FINANCIAL SERVICES I Service code 27 PO BOX 12749 · ST PETERSBURG, FL 33733	Advisory (Plan)	$337,227
EMP ANNUITY INS CO OF AMERICA1 year Filed as: EMP MANAGEMENT GROUP, LTD. Service code 16 4535 DRESSLER ROAD NW · CANTON, OH 44718	Consulting	$100,940
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	-$26,593

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3H

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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$399K

$235 / participant

Other / not subdivided$399K100.0%

% of EOY assets

0.104%

all-in expense ratio

Categories reported

0 / 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: SKODA MINOTTI
Auditor EIN: 341945206
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$152,294

$37,213+309.3%

$156,551-2.7%

$63,975+138.1%

Participation rate

97.0%

65.0%+32.0pp

84.0%+13.0pp

71.1%+25.9pp

Annual return

8.66%

47.89%-39.2pp

32.23%-23.6pp

48.65%-40.0pp

Employer contribution / active EE

$14,625

$1,357+977.8%

$5,501+165.8%

$2,182+570.3%

Participant deferral / active EE

$7,660

$2,070+270.0%

$4,871+57.3%

$3,356+128.2%

Admin fee / account holder

$158

$56+180.9%

$13,028-98.8%

$70+124.6%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES2+ years

Filed as: RAYMOND JAMES FINANCIAL SERVICES I

Service code 27

PO BOX 12749 · ST PETERSBURG, FL 33733

Advisory (Plan)

$337,227

EMP ANNUITY INS CO OF AMERICA1 year

Filed as: EMP MANAGEMENT GROUP, LTD.

Service code 16

4535 DRESSLER ROAD NW · CANTON, OH 44718

Consulting

$100,940

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$26,593

EMERGENCY MEDICINE PHYSICIANS PROFIT SHARING/401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMERGENCY MEDICINE PHYSICIANS PROFIT SHARING/401(K) PLAN AND TRUST

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