Retirement plan

HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN

Name: HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC. - HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN (2017) Form 5500
Creator: HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN, HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC.

HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC.EIN 59-6151220Plan #001PY 2017

606 SOUTH BOULEVARD - TAMPA, FL 336062648813-253-0471hcma.netLinkedIn1-10 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$426K

+19.4% from 2016

Total participants

0.0% from 2016

Average account balance

$106,419

+19.4% from 2016

Annual return

12.58%

+9.08 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$828K

Not enough data

1 years with asset history on file

Average account balance

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

$276K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$21K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2210

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 codes2C3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

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

$4K

$888 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.834%

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

$106,419

$99,011+7.5%

$86,582+22.9%

$147,586-27.9%

Participation rate

100.0%

76.3%+23.7pp

73.5%+26.5pp

82.8%+17.2pp

Annual return

12.58%

1312.75%-1300.2pp

965.08%-952.5pp

578.59%-566.0pp

Employer contribution / active EE

$6,109

$3,132+95.0%

$2,839+115.1%

$4,876+25.3%

Participant deferral / active EE

$3,972-100.0%

$3,609-100.0%

$5,439-100.0%

Admin fee / account holder

$888

$5,709-84.4%

$4,904-81.9%

$10,886-91.8%

HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC. MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HILLSBOROUGH COUNTY MEDICAL ASSOCIATION, INC. MONEY PURCHASE PENSION 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