Retirement plan

CMA OF NORTHERN VA 401(K) PLAN

Name: CHILDREN'S MEDICAL ASSOCIATES OF NORTHERN VA, P.C. - CMA OF NORTHERN VA 401(K) PLAN (2018) Form 5500
Creator: CHILDREN'S MEDICAL ASSOCIATES OF NORTHERN VA, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CMA OF NORTHERN VA 401(K) PLAN, CHILDREN'S MEDICAL ASSOCIATES OF NORTHERN VA, P.C.

CHILDREN'S MEDICAL ASSOCIATES OF NORTHERN VA, P.C.EIN 54-1460167Plan #002PY 2018

6303 LITTLE RIVER TURNPIKE #300 - ALEXANDRIA, VA 22312703-914-8989LinkedIn51-200 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$3.6M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$4.2M

-24.0% from 2017

Total participants

-3.8% from 2017

Average account balance

$95,482

-15.3% from 2017

Annual return

-3.41%

-24.73 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.44M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

86.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$621K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+17.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15821

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$1.5M

$21033 / participant

Other / not subdivided$1M100.0%

% of EOY assets

35.545%

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

$95,482

$75,962+25.7%

$154,108-38.0%

$64,173+48.8%

Participation rate

53.5%

70.4%-16.9pp

83.0%-29.5pp

69.6%-16.0pp

Annual return

-3.41%

30.32%-33.7pp

735.21%-738.6pp

7.63%-11.0pp

Employer contribution / active EE

$4,967

$3,350+48.3%

$5,298-6.2%

$2,381+108.6%

Participant deferral / active EE

$3,175-100.0%

$5,081-100.0%

$3,470-100.0%

Admin fee / account holder

$33,939

$5,589+507.3%

$13,411+153.1%

$4,887+594.4%

CMA OF NORTHERN VA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CMA OF NORTHERN VA 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