Retirement plan

LINCOLN MEDICAL EDUCATION PARTNERSHIP 401(K) PLAN AND TRUST

Name: LINCOLN MEDICAL EDUCATION PARTNERSHIP - LINCOLN MEDICAL EDUCATION PARTNERSHIP 401(K) PLAN AND TRUST (2017) Form 5500
Creator: LINCOLN MEDICAL EDUCATION PARTNERSHIP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LINCOLN MEDICAL EDUCATION PARTNERSHIP 401(K) PLAN AND TRUST, LINCOLN MEDICAL EDUCATION PARTNERSHIP

LINCOLN MEDICAL EDUCATION PARTNERSHIPEIN 47-0553011Plan #002PY 2017

4600 VALLEY ROAD - LINCOLN, NE 68510402-483-4581lmep.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.4M

+18.8% from 2016

Total participants

+10.5% from 2016

Average account balance

$69,293

+15.7% from 2016

Annual return

17.83%

+7.91 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.01M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$524K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10625

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 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

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

$376K

$5149 / participant

Other / not subdivided$376K100.0%

% of EOY assets

6.955%

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

$69,293

$53,128+30.4%

$86,582-20.0%

$70,126-1.2%

Participation rate

91.8%

65.3%+26.5pp

73.5%+18.2pp

69.5%+22.2pp

Annual return

17.83%

27.66%-9.8pp

965.08%-947.3pp

73.15%-55.3pp

Employer contribution / active EE

$3,373

$2,068+63.1%

$2,839+18.8%

$2,343+44.0%

Participant deferral / active EE

$2,284

$2,695-15.2%

$3,609-36.7%

$3,332-31.4%

Admin fee / account holder

$4,819

$3,584+34.5%

$4,904-1.7%

$4,645+3.7%

LINCOLN MEDICAL EDUCATION PARTNERSHIP 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LINCOLN MEDICAL EDUCATION PARTNERSHIP 401(K) PLAN AND TRUST

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