Retirement plan

MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLAND 401(K) RETIREMENT PLAN

Name: MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLAND - MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLAND 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLAND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLAND 401(K) RETIREMENT PLAN, MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLAND

MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLANDEIN 52-1021905Plan #002PY 2016

225 INTERNATIONAL CIRCLE BOX 8016 - HUNT VALLEY, MD 210301390443-689-0229

Other plans on this EIN

1 filing

#001Retirement-$14.4M assets

Prospect flagsRecently reached 100 employees

Top hat statement on fileNQDC

Filed July 15, 2006

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$17.9M

+12.3% from 2015

Total participants

115

+9.5% from 2015

Average account balance

$166,978

+2.9% from 2015

Annual return

7.84%

+5.22 pp from 2015

Benchmarks

See 7,671 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,671 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$43.92M

Not enough data

1 years with asset history on file

Average account balance

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

$435K

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.

101

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.

142.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.58M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+15.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21785

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

Top 9 by compensation

Provider	Service type	Compensation
PIMCO FUNDS2+ years Filed as: PIMCO Service code 28 · EIN 33-0629048	Investment Management	$5,522
T ROWE PRICE RPS INC2+ years Filed as: T ROWE PRICE RPS, INC Service code 15 · EIN 52-1309931	Recordkeeping	$5,522
DIMENSIONAL FUND ADVISORS1 year Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4470812	Investment Management	$0
DOUBLELINE CAPITAL LP1 year Filed as: DOUBLELINE FUNDS Service code 28 · EIN 47-5197122	Investment Management	$0
MORGAN STANLEY SMITH BARNEY2+ years Filed as: JP MORGAN FUND Service code 29	Legal	$0
MORGAN STANLEY SMITH BARNEY2+ years Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	Investment Management	$0
OPPENHEIMER1 year Filed as: OPPENHEIMER FUNDS Service code 28 · EIN 13-2527171	Investment Management	$0
PIMCO FUNDS2+ years Service code 28	Investment Management	$0
T ROWE PRICE RPS INC1 year Filed as: TROWE PRICE RPS, INC. Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2F2G2J2K3D2E3F2T

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$6K

$71 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.031%

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: JOHNSON LAMBERT LLP.
Auditor EIN: 521446779
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$166,978

$87,834+90.1%

$133,975+24.6%

$62,881+165.5%

Participation rate

89.7%

83.4%+6.4pp

87.1%+2.7pp

69.3%+20.4pp

Annual return

7.84%

12.05%-4.2pp

29.29%-21.5pp

20.14%-12.3pp

Employer contribution / active EE

$2,667

$3,482-23.4%

$5,211-48.8%

$2,281+16.9%

Participant deferral / active EE

$7,518

$4,812+56.2%

$6,282+19.7%

$3,203+134.7%

Admin fee / account holder

$52

$5,372-99.0%

$9,324-99.4%

$4,296-98.8%

Provider

Service type

Compensation

PIMCO FUNDS2+ years

Filed as: PIMCO

Service code 28 · EIN 33-0629048

Investment Management

$5,522

T ROWE PRICE RPS INC2+ years

Filed as: T ROWE PRICE RPS, INC

Service code 15 · EIN 52-1309931

Recordkeeping

$5,522

DIMENSIONAL FUND ADVISORS1 year

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4470812

Investment Management

DOUBLELINE CAPITAL LP1 year

Filed as: DOUBLELINE FUNDS

Service code 28 · EIN 47-5197122

Investment Management

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: JP MORGAN FUND

Service code 29

Legal

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

Investment Management

OPPENHEIMER1 year

Filed as: OPPENHEIMER FUNDS

Service code 28 · EIN 13-2527171

Investment Management

PIMCO FUNDS2+ years

Service code 28

Investment Management

T ROWE PRICE RPS INC1 year

Filed as: TROWE PRICE RPS, INC.

Service code 15

Recordkeeping

MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLAND 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEDICAL MUTUAL LIABILITY INSURANCE SOCIETY OF MARYLAND 401(K) RETIREMENT PLAN

Top hat statement on fileNQDC

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