Retirement plan

HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC. TAX DEFERRED ANNUITY PLAN

Name: HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC - HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC. TAX DEFERRED ANNUITY PLAN (2016) Form 5500
Creator: HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC. TAX DEFERRED ANNUITY PLAN, HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC

HOSPITAL & MEDICAL FOUNDATION OF PARIS, INCEIN 37-0860281Plan #005PY 2016

721 EAST COURT STREET - PARIS, IL 61944217-465-4141LinkedIn201-500 employeesmedical practice

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$20.4M

+15.7% from 2015

Total participants

455

+14.3% from 2015

Average account balance

$72,097

+1.8% from 2015

Annual return

8.70%

+10.33 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.38M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

680

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.

66.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$339

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$53,172
CLS INVESTMENTS2+ years Service code 27 17605 WRIGHT ST. · OMAHA, NE 68130	Advisory (Plan)	$26,120
NILES LANKFORD GROUP, INC.1 year Filed as: NILES LANKFORD GROUP INC. Service code 49	Other Services	$18,774
NILES LANKFORD GROUP, INC.1 year Filed as: NILES LANKFORD GROUP Service code 13 1500 NORTH OAK DRIVE · PLYMOUTH, IN 46563	Contract Administrator	$15,567

Plan features & details

Pension benefit codes2E2F2G2K2M2T

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$75K

$174 / participant

Investment mgmt$60K79.3%
Contract admin$16K20.7%

% of EOY assets

0.369%

all-in expense ratio

Categories reported

2 / 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: KERBER, ECK & BRAECKEL, LLP
Auditor EIN: 430352985
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,097

$36,916+95.3%

$156,551-53.9%

$57,658+25.0%

Participation rate

60.2%

63.4%-3.2pp

84.0%-23.8pp

70.2%-10.0pp

Annual return

8.70%

12.38%-3.7pp

32.23%-23.5pp

5.13%+3.6pp

Employer contribution / active EE

$1,022

$1,571-34.9%

$5,501-81.4%

$1,974-48.2%

Participant deferral / active EE

$2,585

$1,926+34.2%

$4,871-46.9%

$3,061-15.6%

Admin fee / account holder

$266

$82+222.6%

$13,028-98.0%

$95+181.5%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$53,172

CLS INVESTMENTS2+ years

Service code 27

17605 WRIGHT ST. · OMAHA, NE 68130

Advisory (Plan)

$26,120

NILES LANKFORD GROUP, INC.1 year

Filed as: NILES LANKFORD GROUP INC.

Service code 49

Other Services

$18,774

NILES LANKFORD GROUP, INC.1 year

Filed as: NILES LANKFORD GROUP

Service code 13

1500 NORTH OAK DRIVE · PLYMOUTH, IN 46563

Contract Administrator

$15,567

HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC. TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOSPITAL & MEDICAL FOUNDATION OF PARIS, INC. TAX DEFERRED ANNUITY 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