Retirement plan

FEMWELL GROUP HEALTH, INC. 401K PLAN

Name: FEMWELL GROUP HEALTH, INC. - FEMWELL GROUP HEALTH, INC. 401K PLAN (2015) Form 5500
Creator: FEMWELL GROUP HEALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FEMWELL GROUP HEALTH, INC. 401K PLAN, FEMWELL GROUP HEALTH, INC.

FEMWELL GROUP HEALTH, INC.EIN 65-0505313Plan #002PY 2015

3225 AVIATION AVE STE 700 - MIAMI, FL 33133305-273-4641femwell.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow assets / participantLow employer contributionLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2.6M

No prior year

Total participants

124

No prior year

Average account balance

$20,586

No prior year

Annual return

-0.93%

No prior year

Benchmarks

See 896 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Cohort896 peers

Snapshot2015

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$5.77M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

181

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.

83.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$890K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1+ years Filed as: THE NEWPORT GROUP Service code 12 · EIN 62-1868111 300 INTERNATIONAL PARKWAY · HEATHROW, FL 32746	Claims processing; Direct payment fro...	$5,862
CHARLES SCHWAB & CO., INC.1+ years Service code 12 · EIN 94-1737782	Direct payment from the plan; Account...	$5,352

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D2R

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$18K

$185 / participant

Investment mgmt$9K47.5%
Other / not subdivided$10K52.5%

% of EOY assets

0.719%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MORRISON BROWN ARGIZ & FARRA LLC
Auditor EIN: 010720052
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,586

$284,329-92.8%

$147,614-86.1%

Participation rate

100.0%

62.7%+37.3pp

84.6%+15.4pp

Annual return

-0.93%

0.73%-1.7pp

61.98%-62.9pp

Employer contribution / active EE

$1,463

$2,124-31.1%

$5,564-73.7%

Participant deferral / active EE

$1,225

$1,895-35.4%

$4,895-75.0%

Admin fee / account holder

$148

$35,034-99.6%

$11,611-98.7%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1+ years

Filed as: THE NEWPORT GROUP

Service code 12 · EIN 62-1868111

300 INTERNATIONAL PARKWAY · HEATHROW, FL 32746

Claims processing; Direct payment fro...

$5,862

CHARLES SCHWAB & CO., INC.1+ years

Service code 12 · EIN 94-1737782

Direct payment from the plan; Account...

$5,352

FEMWELL GROUP HEALTH, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FEMWELL GROUP HEALTH, INC. 401K 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