Retirement plan

TMC 401(K) RETIREMENT SAVINGS PLAN

Name: THERAPY MANAGEMENT CORPORATION - TMC 401(K) RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: THERAPY MANAGEMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TMC 401(K) RETIREMENT SAVINGS PLAN, THERAPY MANAGEMENT CORPORATION

THERAPY MANAGEMENT CORPORATIONEIN 65-1197416Plan #001PY 2019

8477 S. SUNCOAST BLVD. - HOMOSASSA, FL 34446352-382-1141

Prospect flagsLow assets / participantFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$27.9M

+36.0% from 2018

Total participants

1,944

-31.2% from 2018

Average account balance

$14,400

+34.0% from 2018

Annual return

22.50%

+27.16 pp from 2018

Benchmarks

See 1,326 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,326 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.55M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

1,904

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.

99.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$130

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
BLUESTAR RETIREMENT SERVICES4 years Service code 13 · EIN 59-3092339	Contract Administrator	$114,747
FIDUCIARY CONSULTING GROUP4 years Filed as: FIDUCIARY CONSULTING GROUP, INC. Service code 14 · EIN 20-2807852	Plan Administrator	$66,113
UNIFIED TRUST COMPANY, N.A.4 years Filed as: UNIFIED TRUST COMPANY Service code 19 · EIN 61-1256314	Securities Custodian	$29,546
FREEGULLIVER, LLC1 year Filed as: FREEGULLIVER Service code 26 5500 LAUREL STREET · NEW ORLEANS, LA 70115	Advisory (Participants)	$6,472
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON FINANCIAL MANAGEMENT, INC Service code 26 630 DUNDEE ROAD · NORTHBROOK, IL 60062	Advisory (Participants)	$3,236

Plan features & details

Pension benefit codes2F2G2J2K2S2T3D3H

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$220K

$138 / participant

Investment mgmt$10K4.4%
Contract admin$210K95.6%

% of EOY assets

0.788%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,400

$47,456-69.7%

$172,752-91.7%

$77,775-81.5%

Participation rate

99.7%

66.3%+33.4pp

82.6%+17.0pp

73.2%+26.5pp

Annual return

22.50%

35.57%-13.1pp

802.97%-780.5pp

32.58%-10.1pp

Employer contribution / active EE

$522

$1,574-66.8%

$5,144-89.8%

$2,504-79.1%

Participant deferral / active EE

$2,597

$2,560+1.5%

$5,198-50.0%

$3,966-34.5%

Admin fee / account holder

$114

$81+40.4%

$13,955-99.2%

$100+13.4%

Provider

Service type

Compensation

BLUESTAR RETIREMENT SERVICES4 years

Service code 13 · EIN 59-3092339

Contract Administrator

$114,747

FIDUCIARY CONSULTING GROUP4 years

Filed as: FIDUCIARY CONSULTING GROUP, INC.

Service code 14 · EIN 20-2807852

Plan Administrator

$66,113

UNIFIED TRUST COMPANY, N.A.4 years

Filed as: UNIFIED TRUST COMPANY

Service code 19 · EIN 61-1256314

Securities Custodian

$29,546

FREEGULLIVER, LLC1 year

Filed as: FREEGULLIVER

Service code 26

5500 LAUREL STREET · NEW ORLEANS, LA 70115

Advisory (Participants)

$6,472

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON FINANCIAL MANAGEMENT, INC

Service code 26

630 DUNDEE ROAD · NORTHBROOK, IL 60062

Advisory (Participants)

$3,236

TMC 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TMC 401(K) RETIREMENT SAVINGS 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