Retirement plan

PRECISION FOR MEDICINE 401(K) PLAN

Name: PRECISION MEDICINE GROUP, INC. - PRECISION FOR MEDICINE 401(K) PLAN (2015) Form 5500
Creator: PRECISION MEDICINE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRECISION FOR MEDICINE 401(K) PLAN, PRECISION MEDICINE GROUP, INC.

PRECISION MEDICINE GROUP, INC.EIN 45-2969432Plan #001PY 2015

2 BETHESDA METRO CENTER, SUITE 850 - BETHESDA, MD 208145398240-654-0727precisionmedicinegrp.comLinkedIn1001-5000 employeespharmaceuticals

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11M

No prior year

Total participants

614

No prior year

Average account balance

$22,402

No prior year

Annual return

51.50%

No prior year

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$230.68M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

2,613

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.

83.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$116

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
NFP RETIREMENT INC1+ years Filed as: NFP ADVISOR SERVICES LLC Service code 27 · EIN 74-2794194	Advisory (Plan)	$18,931
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$3,258

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$20K

$36 / participant

Investment mgmt$17K82.8%
Contract admin$3K16.1%
Other / not subdivided$2251.1%

% of EOY assets

0.184%

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: RAFFA, P.C.
Auditor EIN: 521511275
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,402

$88,324-74.6%

$115,038-80.5%

$55,191-59.4%

Participation rate

78.0%

72.5%+5.4pp

81.4%-3.4pp

69.2%+8.8pp

Annual return

51.50%

6.30%+45.2pp

26.14%+25.4pp

10.78%+40.7pp

Employer contribution / active EE

$2,371

$2,805-15.5%

$4,608-48.5%

$1,899+24.9%

Participant deferral / active EE

$4,894

$5,042-2.9%

$6,026-18.8%

$3,046+60.7%

Admin fee / account holder

$41

$105-60.8%

$8,175-99.5%

$91-54.5%

Provider

Service type

Compensation

NFP RETIREMENT INC1+ years

Filed as: NFP ADVISOR SERVICES LLC

Service code 27 · EIN 74-2794194

Advisory (Plan)

$18,931

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$3,258

PRECISION FOR MEDICINE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRECISION FOR MEDICINE 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