Retirement plan

403B THRIFT PLAN OF MILWAUKEE REGIONAL MEDICAL CENTER, INC.

Name: MILWAUKEE REGIONAL MEDICAL CEN - 403B THRIFT PLAN OF MILWAUKEE REGIONAL MEDICAL CENTER, INC. (2022) Form 5500
Creator: MILWAUKEE REGIONAL MEDICAL CEN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403B THRIFT PLAN OF MILWAUKEE REGIONAL MEDICAL CENTER, INC., MILWAUKEE REGIONAL MEDICAL CEN

MILWAUKEE REGIONAL MEDICAL CENEIN 39-1150504Plan #002PY 2022

2661 AVIATION RD - WAUKESHA, WI 531886903414-778-4570mrmccampus.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.2M

-17.3% from 2021

Total participants

+5.6% from 2021

Average account balance

$119,177

-16.3% from 2021

Annual return

-11.43%

-33.10 pp from 2021

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.05M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

197.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$748K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+13.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41236

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 codes2G3D2J

Plan features

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.
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

1 tripped

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

$1.4M

$30390 / participant

Other / not subdivided$1M100.0%

% of EOY assets

13.343%

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

$119,177

$73,863+61.3%

$143,797-17.1%

$68,490+74.0%

Participation rate

80.0%

66.7%+13.3pp

80.3%-0.3pp

67.9%+12.1pp

Annual return

-11.43%

0.91%-12.3pp

-0.04%-11.4pp

-7.85%-3.6pp

Employer contribution / active EE

$8,409

$3,185+164.0%

$4,952+69.8%

$2,597+223.8%

Participant deferral / active EE

$5,770

$3,385+70.5%

$5,638+2.3%

$4,028+43.3%

Admin fee / account holder

$15,902

$5,756+176.3%

$14,679+8.3%

$5,403+194.3%

403B THRIFT PLAN OF MILWAUKEE REGIONAL MEDICAL CENTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403B THRIFT PLAN OF MILWAUKEE REGIONAL MEDICAL CENTER, INC.

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