Retirement plan

MEDICAL ASSETS HOLDING COMPANY LLC 401K PROFIT SHARING PLAN

Name: MEDICAL ASSETS HOLDING COMPANY LLC - MEDICAL ASSETS HOLDING COMPANY LLC 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: MEDICAL ASSETS HOLDING COMPANY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEDICAL ASSETS HOLDING COMPANY LLC 401K PROFIT SHARING PLAN, MEDICAL ASSETS HOLDING COMPANY LLC

MEDICAL ASSETS HOLDING COMPANY LLCEIN 71-0820452Plan #001PY 2016

P O BOX 3457 - LITTLE ROCK, AR 72203501-406-6180mahc.netLinkedIn201-500 employeesventure capital & private equity

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.4M

+13.5% from 2015

Total participants

168

+1.2% from 2015

Average account balance

$51,460

+23.7% from 2015

Annual return

8.18%

+10.11 pp from 2015

Benchmarks

See 245 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort245 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$347K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

29.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$172K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

-93.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4707

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

Top 2 by compensation

Provider	Service type	Compensation
FIRST MERCANTILE TRUST COMPANY2+ years Service code 15 57 GERMANTOWN COURT · CORDOVA, TN 38018	Recordkeeping	$0
INVESTMENT PROFS, INC2+ years Service code 17 425 WEST CAPITOL · LITTLE ROCK, AR 72201	Pension Consulting	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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: HUGHES, WELCH AND MILLIGAN, LTD
Auditor EIN: 710623618
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,460

$56,171-8.4%

$108,745-52.7%

$55,167-6.7%

Participation rate

34.4%

70.7%-36.3pp

77.7%-43.3pp

69.0%-34.6pp

Annual return

8.18%

214.86%-206.7pp

46.22%-38.0pp

169.23%-161.0pp

Employer contribution / active EE

$696

$2,153-67.7%

$3,323-79.1%

$1,963-64.5%

Participant deferral / active EE

$1,012

$3,437-70.6%

$5,121-80.2%

$3,054-66.9%

Admin fee / account holder

$302-100.0%

$6,144-100.0%

$504-100.0%

Provider

Service type

Compensation

FIRST MERCANTILE TRUST COMPANY2+ years

Service code 15

57 GERMANTOWN COURT · CORDOVA, TN 38018

Recordkeeping

INVESTMENT PROFS, INC2+ years

Service code 17

425 WEST CAPITOL · LITTLE ROCK, AR 72201

Pension Consulting

MEDICAL ASSETS HOLDING COMPANY LLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MEDICAL ASSETS HOLDING COMPANY LLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion