Retirement plan

PROVIDENCE MEDICAL GROUP INC. RETIREMENT PLAN

Name: PROVIDENCE MEDICAL GROUP, INC. - PROVIDENCE MEDICAL GROUP INC. RETIREMENT PLAN (2015) Form 5500
Creator: PROVIDENCE MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROVIDENCE MEDICAL GROUP INC. RETIREMENT PLAN, PROVIDENCE MEDICAL GROUP, INC.

PROVIDENCE MEDICAL GROUP, INC.EIN 42-1534506Plan #001PY 2015

2912 SPRINGBORO RD W STE 201 - MORAINE, OH 454391674937-396-8133LinkedIn1-10 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.2M

No prior year

Total participants

379

No prior year

Average account balance

$58,577

No prior year

Annual return

-0.02%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.88M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

162

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.

90.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$723K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$380

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
MORGAN STANLEY SMITH BARNEY1+ years Filed as: SMITH BARNEY Service code 27 · EIN 13-2919773	Advisory (Plan)	$62,737
THE WEISS GROUP, INC.1+ years Filed as: THE WEISS GROUP Service code 13 · EIN 36-4028918	Contract Administrator	$14,698
MATRIX TRUST COMPANY1+ years Filed as: MATRIX CAPITAL BANK Service code 19 · EIN 01-0609808	Securities Custodian	$10,761

Plan features & details

Pension benefit codes2A2E2G2J2K

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$99K

$410 / participant

Investment mgmt$63K63.2%
Contract admin$28K28.2%
Other / not subdivided$9K8.6%

% of EOY assets

0.447%

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: FLAGEL HUBER & FLAGEL
Auditor EIN: 310796034
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,577

$46,360+26.4%

$147,617-60.3%

$52,331+11.9%

Participation rate

100.0%

64.9%+35.1pp

84.6%+15.4pp

68.1%+31.9pp

Annual return

-0.02%

1.62%-1.6pp

61.98%-62.0pp

4.54%-4.6pp

Employer contribution / active EE

$4,044

$2,126+90.2%

$5,565-27.3%

$1,882+114.9%

Participant deferral / active EE

$3,202

$2,258+41.8%

$4,895-34.6%

$3,022+6.0%

Admin fee / account holder

$262

$766-65.8%

$11,611-97.7%

$592-55.7%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: SMITH BARNEY

Service code 27 · EIN 13-2919773

Advisory (Plan)

$62,737

THE WEISS GROUP, INC.1+ years

Filed as: THE WEISS GROUP

Service code 13 · EIN 36-4028918

Contract Administrator

$14,698

MATRIX TRUST COMPANY1+ years

Filed as: MATRIX CAPITAL BANK

Service code 19 · EIN 01-0609808

Securities Custodian

$10,761

PROVIDENCE MEDICAL GROUP INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROVIDENCE MEDICAL GROUP INC. RETIREMENT 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