Retirement plan

EMPLOYEES 401(K) PROFIT SHARING PLAN OF CHILDREN ' MEDICAL ASSOCIATION, PA

Name: CHILDREN'S MEDICAL ASSOCIATION, P.A. - EMPLOYEES 401(K) PROFIT SHARING PLAN OF CHILDREN ' MEDICAL ASSOCIATION, PA (2017) Form 5500
Creator: CHILDREN'S MEDICAL ASSOCIATION, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES 401(K) PROFIT SHARING PLAN OF CHILDREN ' MEDICAL ASSOCIATION, PA, CHILDREN'S MEDICAL ASSOCIATION, P.A.

CHILDREN'S MEDICAL ASSOCIATION, P.A.EIN 59-1234984Plan #001PY 2017

8430 W BROWARD BLVD, SUITE 300 - PLANTATION, FL 33324954-473-1101

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.1M

+19.6% from 2016

Total participants

+14.6% from 2016

Average account balance

$109,507

-13.5% from 2016

Annual return

14.78%

+10.04 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.77M

Not enough data

1 years with asset history on file

Average account balance

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

$279K

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.

132.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$538K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+19.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$546

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$110K

$2203 / participant

Other / not subdivided$110K100.0%

% of EOY assets

2.140%

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

$109,507

$84,236+30.0%

$170,435-35.7%

$70,126+56.2%

Participation rate

84.0%

70.8%+13.2pp

83.6%+0.4pp

69.5%+14.5pp

Annual return

14.78%

23.06%-8.3pp

205.94%-191.2pp

73.15%-58.4pp

Employer contribution / active EE

$2,031

$3,387-40.0%

$5,432-62.6%

$2,343-13.3%

Participant deferral / active EE

$2,943

$3,086-4.6%

$4,939-40.4%

$3,332-11.7%

Admin fee / account holder

$2,343

$5,698-58.9%

$13,881-83.1%

$4,645-49.6%

EMPLOYEES 401(K) PROFIT SHARING PLAN OF CHILDREN ' MEDICAL ASSOCIATION, PA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES 401(K) PROFIT SHARING PLAN OF CHILDREN ' MEDICAL ASSOCIATION, PA

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