Retirement plan

MORTENSON DENTAL PARTNERS 401(K) PLAN

Name: MORTENSON FAMILY DENTAL HOLDINGS, INC. - MORTENSON DENTAL PARTNERS 401(K) PLAN (2016) Form 5500
Creator: MORTENSON FAMILY DENTAL HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MORTENSON DENTAL PARTNERS 401(K) PLAN, MORTENSON FAMILY DENTAL HOLDINGS, INC.

MORTENSON FAMILY DENTAL HOLDINGS, INC.EIN 45-1839908Plan #003PY 2016

11801 BRINLEY AVENUE - LOUISVILLE, KY 40243502-244-9595LinkedIn1001-5000 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$34.8M assets

Prospect flagsLow assets / participantLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$15.2M

+35.0% from 2015

Total participants

1,944

+24.2% from 2015

Average account balance

$8,816

+7.7% from 2015

Annual return

12.06%

+12.08 pp from 2015

Benchmarks

See 1,286 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,286 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.98M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

2,147

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.

89.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$100

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
SORTINO ADVISORY PARTNERS, LLC1 year Service code 27 · EIN 47-1880154	Advisory (Plan)	$49,924
BRYAN CAVE LLP1 year Filed as: BRYAN,PENDLETON,SWATTS & MCALLISTER Service code 15 · EIN 62-0853448	Recordkeeping	$11,505
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399	Recordkeeping	$10,620
MORTENSON FAMILY DENTAL HOLDINGS,IN1 year Service code 35 · EIN 45-1839908	Employee (plan sponsor)	$5,050

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$81K

$55 / participant

Other / not subdivided$81K100.0%

% of EOY assets

0.536%

all-in expense ratio

Categories reported

0 / 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: MATHER & CO CPAS LLC
Auditor EIN: 611210177
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,816

$37,213-76.3%

$156,551-94.4%

$63,975-86.2%

Participation rate

85.0%

65.0%+20.0pp

84.0%+1.0pp

71.1%+13.9pp

Annual return

12.06%

47.89%-35.8pp

32.23%-20.2pp

48.65%-36.6pp

Employer contribution / active EE

$92

$1,357-93.2%

$5,501-98.3%

$2,182-95.8%

Participant deferral / active EE

$2,169

$2,070+4.8%

$4,871-55.5%

$3,356-35.4%

Admin fee / account holder

$47

$56-16.1%

$13,028-99.6%

$70-32.9%

Provider

Service type

Compensation

SORTINO ADVISORY PARTNERS, LLC1 year

Service code 27 · EIN 47-1880154

Advisory (Plan)

$49,924

BRYAN CAVE LLP1 year

Filed as: BRYAN,PENDLETON,SWATTS & MCALLISTER

Service code 15 · EIN 62-0853448

Recordkeeping

$11,505

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA FINANCIAL LIFE INS CO

Service code 15 · EIN 36-6071399

Recordkeeping

$10,620

MORTENSON FAMILY DENTAL HOLDINGS,IN1 year

Service code 35 · EIN 45-1839908

Employee (plan sponsor)

$5,050

MORTENSON DENTAL PARTNERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MORTENSON DENTAL PARTNERS 401(K) 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