Retirement plan

WOMAN'S CLINIC OF MONROE AMC 401(K) PROFIT SHARING PLAN

Name: WOMAN'S CLINIC OF MONROE AMC - WOMAN'S CLINIC OF MONROE AMC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: WOMAN'S CLINIC OF MONROE AMC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOMAN'S CLINIC OF MONROE AMC 401(K) PROFIT SHARING PLAN, WOMAN'S CLINIC OF MONROE AMC

WOMAN'S CLINIC OF MONROE AMCEIN 72-0693602Plan #001PY 2018

312 GRAMMONT STREET, SUITE 300 - MONROE, LA 712017403

Prospect flagsHigh retiree %High feesHigh cash

How to read this page

Total assets (EOY)

$17.5M

-21.9% from 2017

Total participants

125

+2.5% from 2017

Average account balance

$139,832

-23.8% from 2017

Annual return

-4.63%

-19.38 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.95M

Not enough data

1 years with asset history on file

Average account balance

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

$107K

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

$421K

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

+8.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11088

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 6 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$12,226
NATIONAL INDEPENDENT TRUST COM1 year Filed as: NATIONAL INDEPENDENT TRUST COMPANY Service code 25	Directed Trustee	$10,942
SENTINEL1 year Service code 10 6811 JEFFERSON HWY · BATON ROUGE, LA 70806	Accounting	$10,304
SENTINEL PENSION LLC1 year Filed as: SENTINEL PENSION Service code 15	Recordkeeping	$1,591
NATIONWIDE1 year Filed as: NATONWIDE Service code 65	Account Maintenance	$590
NATIONAL INDEPENDENT TRUST COM1 year Service code 25 500 EAST REYNOLDS DRIVE · RUSTON, LA 71270	Directed Trustee	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R3D

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the 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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$148K

$2029 / participant

Investment mgmt$143K96.3%
Other / not subdivided$5K3.7%

% of EOY assets

0.847%

all-in expense ratio

Categories reported

1 / 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: LAPORTE CPAS & BUSINESS ADVISORS
Auditor EIN: 721088864
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$139,832

$75,962+84.1%

$154,108-9.3%

$64,173+117.9%

Participation rate

100.0%

70.4%+29.6pp

83.0%+17.0pp

69.6%+30.4pp

Annual return

-4.63%

30.32%-34.9pp

735.21%-739.8pp

7.63%-12.3pp

Employer contribution / active EE

$5,905

$3,350+76.3%

$5,298+11.5%

$2,381+148.0%

Participant deferral / active EE

$3,101

$3,175-2.3%

$5,081-39.0%

$3,470-10.6%

Admin fee / account holder

$1,185

$5,589-78.8%

$13,411-91.2%

$4,887-75.8%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$12,226

NATIONAL INDEPENDENT TRUST COM1 year

Filed as: NATIONAL INDEPENDENT TRUST COMPANY

Service code 25

Directed Trustee

$10,942

SENTINEL1 year

Service code 10

6811 JEFFERSON HWY · BATON ROUGE, LA 70806

Accounting

$10,304

SENTINEL PENSION LLC1 year

Filed as: SENTINEL PENSION

Service code 15

Recordkeeping

$1,591

NATIONWIDE1 year

Filed as: NATONWIDE

Service code 65

Account Maintenance

$590

NATIONAL INDEPENDENT TRUST COM1 year

Service code 25

500 EAST REYNOLDS DRIVE · RUSTON, LA 71270

Directed Trustee

WOMAN'S CLINIC OF MONROE AMC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOMAN'S CLINIC OF MONROE AMC 401(K) PROFIT SHARING 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