Retirement plan

AMDI - MEP - AUTONOMOUS MEDICAL DEVICES INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST

Name: AUTONOMOUS MEDICAL DEVICES INCORPORATED - AMDI - MEP - AUTONOMOUS MEDICAL DEVICES INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: AUTONOMOUS MEDICAL DEVICES INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMDI - MEP - AUTONOMOUS MEDICAL DEVICES INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST, AUTONOMOUS MEDICAL DEVICES INCORPORATED

AUTONOMOUS MEDICAL DEVICES INCORPORATEDEIN 47-4853707Plan #001PY 2022

3511 W SUNFLOWER AVENUE - SANTA ANA, CA 92704657-660-6800amdilabs.comLinkedIn51-200 employeesmedical devices

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+88.0% from 2021

Total participants

100

+35.1% from 2021

Average account balance

$24,118

+15.7% from 2021

Annual return

-1.12%

-8.91 pp from 2021

Benchmarks

See 28,005 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,005 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.63M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

146.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+14.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4672

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 codes2E2F2G2J2T2X3D

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

$356K

$4283 / participant

Other / not subdivided$356K100.0%

% of EOY assets

16.199%

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

$24,118

$82,674-70.8%

$125,363-80.8%

$68,495-64.8%

Participation rate

89.2%

75.0%+14.1pp

82.4%+6.8pp

67.9%+21.3pp

Annual return

-1.12%

-5.97%+4.9pp

572.15%-573.3pp

-7.84%+6.7pp

Employer contribution / active EE

$6,619

$3,382+95.7%

$4,815+37.5%

$2,596+154.9%

Participant deferral / active EE

$9,980

$6,111+63.3%

$7,447+34.0%

$4,028+147.8%

Admin fee / account holder

$3,907

$6,276-37.8%

$10,005-61.0%

$5,403-27.7%

AMDI - MEP - AUTONOMOUS MEDICAL DEVICES INCORPORATED 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMDI - MEP - AUTONOMOUS MEDICAL DEVICES INCORPORATED 401(K) PROFIT SHARING PLAN & 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