Retirement plan

MIDWEST DIAGNOSTIC PATHOLOGY, S.C. PROFIT SHARING 401(K) PLAN AND TRUST

Name: MIDWEST DIAGNOSTIC PATHOLOGY, S.C. - MIDWEST DIAGNOSTIC PATHOLOGY, S.C. PROFIT SHARING 401(K) PLAN AND TRUST (2016) Form 5500
Creator: MIDWEST DIAGNOSTIC PATHOLOGY, S.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDWEST DIAGNOSTIC PATHOLOGY, S.C. PROFIT SHARING 401(K) PLAN AND TRUST, MIDWEST DIAGNOSTIC PATHOLOGY, S.C.

MIDWEST DIAGNOSTIC PATHOLOGY, S.C.EIN 36-4386543Plan #002PY 2016

1775 DEMPSTER STREET - PARK RIDGE, IL 60068847-723-6268mdpsc.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#004Retirement-$26.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$20M

+16.6% from 2015

Total participants

0.0% from 2015

Average account balance

$409,121

+11.9% from 2015

Annual return

8.21%

-35.14 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.56M

Not enough data

1 years with asset history on file

Average account balance

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

$596K

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.

123.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$82K

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

+13.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40656

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

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 codes2C2E2F2G2J2R2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.

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

$672K

$14005 / participant

Other / not subdivided$672K100.0%

% of EOY assets

3.353%

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

$409,121

$77,638+427.0%

$156,551+161.3%

$62,881+550.6%

Participation rate

97.9%

71.2%+26.7pp

84.0%+13.9pp

69.3%+28.6pp

Annual return

8.21%

50.33%-42.1pp

32.23%-24.0pp

20.14%-11.9pp

Employer contribution / active EE

$24,981

$3,444+625.4%

$5,501+354.1%

$2,281+995.2%

Participant deferral / active EE

$19,130

$3,046+528.1%

$4,871+292.7%

$3,203+497.2%

Admin fee / account holder

$13,719

$5,561+146.7%

$13,028+5.3%

$4,296+219.4%

MIDWEST DIAGNOSTIC PATHOLOGY, S.C. PROFIT SHARING 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDWEST DIAGNOSTIC PATHOLOGY, S.C. 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