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 (2019) 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 2019

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

Other plans on this EIN

1 filing

#001Retirement-$4.4M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$5.6M

+33.0% from 2018

Total participants

+6.5% from 2018

Average account balance

$121,446

+27.2% from 2018

Annual return

24.92%

+28.33 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

$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

$86K

$1130 / participant

Other / not subdivided$86K100.0%

% of EOY assets

1.537%

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

$121,446

$85,171+42.6%

$172,753-29.7%

$72,976+66.4%

Participation rate

52.6%

70.1%-17.4pp

82.6%-30.0pp

69.5%-16.9pp

Annual return

24.92%

27.32%-2.4pp

803.00%-778.1pp

81.02%-56.1pp

Employer contribution / active EE

$3,324-100.0%

$5,144-100.0%

$2,440-100.0%

Participant deferral / active EE

$5,541

$3,260+70.0%

$5,198+6.6%

$3,608+53.6%

Admin fee / account holder

$1,866

$5,880-68.3%

$13,956-86.6%

$5,124-63.6%

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