Retirement plan

CHILDRENS MEDICAL GROUP, P.A. CASH-OP PLAN

Name: CHILDRENS MEDICAL GROUP, P.A. - CHILDRENS MEDICAL GROUP, P.A. CASH-OP PLAN (2019) Form 5500
Creator: CHILDRENS MEDICAL GROUP, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHILDRENS MEDICAL GROUP, P.A. CASH-OP PLAN, CHILDRENS MEDICAL GROUP, P.A.

CHILDRENS MEDICAL GROUP, P.A.EIN 52-0914188Plan #002PY 2019

500 GREENE STREET - CUMBERLAND, MD 21502301-724-7616

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.8M

+23.0% from 2018

Total participants

+7.0% from 2018

Average account balance

$131,179

+17.4% from 2018

Annual return

17.00%

+22.23 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.69M

Not enough data

1 years with asset history on file

Average account balance

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

$191K

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.

120.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$280K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40258

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 codes2E2F2G2J

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.

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

$37K

$836 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.638%

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

$131,179

$85,171+54.0%

$172,752-24.1%

$72,975+79.8%

Participation rate

95.5%

70.1%+25.4pp

82.6%+12.8pp

69.5%+26.0pp

Annual return

17.00%

27.32%-10.3pp

802.97%-786.0pp

81.01%-64.0pp

Employer contribution / active EE

$1,870

$3,324-43.7%

$5,144-63.6%

$2,440-23.4%

Participant deferral / active EE

$4,854

$3,260+48.9%

$5,198-6.6%

$3,608+34.5%

Admin fee / account holder

$836

$5,880-85.8%

$13,955-94.0%

$5,124-83.7%

CHILDRENS MEDICAL GROUP, P.A. CASH-OP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHILDRENS MEDICAL GROUP, P.A. CASH-OP 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