Retirement plan

MENDOCINO COMMUNITY HEALTH CLINIC, INC. 401(K) SAVINGS PLAN

Name: MENDOCINO COMMUNITY HEALTH CLINIC, INC. - MENDOCINO COMMUNITY HEALTH CLINIC, INC. 401(K) SAVINGS PLAN (2016) Form 5500
Creator: MENDOCINO COMMUNITY HEALTH CLINIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MENDOCINO COMMUNITY HEALTH CLINIC, INC. 401(K) SAVINGS PLAN, MENDOCINO COMMUNITY HEALTH CLINIC, INC.

MENDOCINO COMMUNITY HEALTH CLINIC, INC.EIN 68-0259045Plan #001PY 2016

333 LAWS AVENUE - UKIAH, CA 95482707-472-4516LinkedIn51-200 employees

Other plans on this EIN

1 filing

#002Retirement-$2.7M assets

Prospect flagsHigh cashLow assets / participant

How to read this page

Total assets (EOY)

$5.6M

+18.8% from 2015

Total participants

497

+13.5% from 2015

Average account balance

$11,992

+6.9% from 2015

Annual return

7.75%

+9.12 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.70M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

468

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.04M

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

+14.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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 2 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.2+ years Filed as: MILLIMAN Service code 15 · EIN 91-0675641	Recordkeeping	$1,954
CHARLES SCHWAB & CO., INC.2+ years Service code 19 · EIN 94-1737782	Securities Custodian	$84

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
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

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$6 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.035%

all-in expense ratio

Categories reported

0 / 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: COMYNS SMITH MCCLEARY & DEAVER LLP
Auditor EIN: 680307221
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,992

$36,916-67.5%

$156,551-92.3%

$57,658-79.2%

Participation rate

92.0%

63.4%+28.6pp

84.0%+8.0pp

70.2%+21.8pp

Annual return

7.75%

12.38%-4.6pp

32.23%-24.5pp

5.13%+2.6pp

Employer contribution / active EE

$1,185

$1,571-24.6%

$5,501-78.5%

$1,974-40.0%

Participant deferral / active EE

$1,824

$1,926-5.3%

$4,871-62.5%

$3,061-40.4%

Admin fee / account holder

$82-95.0%

$13,028-100.0%

$95-95.6%

Provider

Service type

Compensation

MILLIMAN, INC.2+ years

Filed as: MILLIMAN

Service code 15 · EIN 91-0675641

Recordkeeping

$1,954

CHARLES SCHWAB & CO., INC.2+ years

Service code 19 · EIN 94-1737782

Securities Custodian

$84

MENDOCINO COMMUNITY HEALTH CLINIC, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MENDOCINO COMMUNITY HEALTH CLINIC, INC. 401(K) 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