Retirement plan

ENGINEERED MEDICAL SYSTEMS LLC RETIREMENT SAVINGS PLAN

Name: ENGINEERED MEDICAL SYSTEMS LLC - ENGINEERED MEDICAL SYSTEMS LLC RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: ENGINEERED MEDICAL SYSTEMS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENGINEERED MEDICAL SYSTEMS LLC RETIREMENT SAVINGS PLAN, ENGINEERED MEDICAL SYSTEMS LLC

ENGINEERED MEDICAL SYSTEMS LLCEIN 42-1576428Plan #001PY 2017

3325 APPLING ROAD - BARTLETT, TN 381332727901-380-5552engmedsys.netLinkedIn51-200 employeesmedical devices

Prospect flagsRecently reached 100 employees

How to read this page

Total assets (EOY)

$4.8M

+34.3% from 2016

Total participants

130

+10.2% from 2016

Average account balance

$44,238

+21.9% from 2016

Annual return

13.75%

+7.27 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.16M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

256

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.

79.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.08M

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

+17.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$286

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 2 by compensation

Provider	Service type	Compensation
FINANCIAL RESOURCES MANAGEMENT1 year Service code 17 · EIN 42-1576428	Pension Consulting	$20,219
MINNESOTA LIFE INSURANCE COMPANY2 years Service code 13 · EIN 41-0417830	Contract Administrator	$1,842

Plan features & details

Pension benefit codes2E2F2G2J2T3B3D

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.
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$2K

$16 / participant

Contract admin$2K100.0%

% of EOY assets

0.039%

all-in expense ratio

Categories reported

1 / 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: JACKSON, HOWELL & ASSOCIATES, PLLC
Auditor EIN: 203538074
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,238

$64,909-31.8%

$82,313-46.3%

$62,293-29.0%

Participation rate

81.4%

74.9%+6.5pp

76.9%+4.5pp

69.5%+11.8pp

Annual return

13.75%

21.18%-7.4pp

25.88%-12.1pp

28.90%-15.1pp

Employer contribution / active EE

$2,569

$1,676+53.3%

$2,428+5.8%

$2,042+25.8%

Participant deferral / active EE

$4,399

$3,103+41.7%

$3,706+18.7%

$3,169+38.8%

Admin fee / account holder

$17

$440-96.1%

$5,608-99.7%

$479-96.4%

Provider

Service type

Compensation

FINANCIAL RESOURCES MANAGEMENT1 year

Service code 17 · EIN 42-1576428

Pension Consulting

$20,219

MINNESOTA LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 41-0417830

Contract Administrator

$1,842

ENGINEERED MEDICAL SYSTEMS LLC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENGINEERED MEDICAL SYSTEMS LLC RETIREMENT SAVINGS 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