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 (2017) 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 2017

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

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$19M

-7.1% from 2016

Total participants

467

+2.6% from 2016

Average account balance

$64,724

-10.2% from 2016

Annual return

13.19%

+4.49 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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 7 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$34,538
CLS INVESTMENTS1 year Filed as: CLS INVESTMENT FIRM, LLC Service code 27 · EIN 32-0070947	Advisory (Plan)	$29,406
CLS INVESTMENTS3+ years Service code 27 17605 WRIGHT ST. · OMAHA, NE 68130	Advisory (Plan)	$23,555
NILES LANKFORD GROUP, INC.3+ years Service code 49	Other Services	$12,913
NILES LANKFORD GROUP, INC.2 years Filed as: NILES LANKFORD GROUP Service code 49 1500 NORTH OAK DR · PLYMOUTH, IN 46563	Other Services	$12,864
NORTH AMERICAN KTRADE ALLIANCE, LLC1 year Filed as: NORTH AMERICAN KTRADE ALLIANCE LLC Service code 15 · EIN 32-0169227	Recordkeeping	$9,589
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE TRUST COMPANY Service code 18 · EIN 20-0937408	Trustee (directed); Custodial (securi...	$315

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$93K

$214 / participant

Investment mgmt$53K57.0%
Contract admin$27K29.1%
Other / not subdivided$13K13.9%

% of EOY assets

0.490%

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

$64,724

$46,173+40.2%

$170,435-62.0%

$69,631-7.0%

Participation rate

59.8%

63.9%-4.1pp

83.6%-23.8pp

70.7%-10.9pp

Annual return

13.19%

21.62%-8.4pp

205.94%-192.8pp

27571.02%-27557.8pp

Employer contribution / active EE

$1,090

$1,610-32.3%

$5,432-79.9%

$2,032-46.3%

Participant deferral / active EE

$2,834

$2,080+36.3%

$4,939-42.6%

$3,224-12.1%

Admin fee / account holder

$317

$116+173.3%

$13,881-97.7%

$110+187.0%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$34,538

CLS INVESTMENTS1 year

Filed as: CLS INVESTMENT FIRM, LLC

Service code 27 · EIN 32-0070947

Advisory (Plan)

$29,406

CLS INVESTMENTS3+ years

Service code 27

17605 WRIGHT ST. · OMAHA, NE 68130

Advisory (Plan)

$23,555

NILES LANKFORD GROUP, INC.3+ years

Service code 49

Other Services

$12,913

NILES LANKFORD GROUP, INC.2 years

Filed as: NILES LANKFORD GROUP

Service code 49

1500 NORTH OAK DR · PLYMOUTH, IN 46563

Other Services

$12,864

NORTH AMERICAN KTRADE ALLIANCE, LLC1 year

Filed as: NORTH AMERICAN KTRADE ALLIANCE LLC

Service code 15 · EIN 32-0169227

Recordkeeping

$9,589

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE TRUST COMPANY

Service code 18 · EIN 20-0937408

Trustee (directed); Custodial (securi...

$315

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