Retirement plan

MOLECULAR PATHOLOGY LABORATORY NETWORK, INC. PROFIT SHARING PLAN

Name: MOLECULAR PATHOLOGY LABORATORY NETWORK, INC. - MOLECULAR PATHOLOGY LABORATORY NETWORK, INC. PROFIT SHARING PLAN (2018) Form 5500
Creator: MOLECULAR PATHOLOGY LABORATORY NETWORK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOLECULAR PATHOLOGY LABORATORY NETWORK, INC. PROFIT SHARING PLAN, MOLECULAR PATHOLOGY LABORATORY NETWORK, INC.

MOLECULAR PATHOLOGY LABORATORY NETWORK, INC.EIN 81-0587881Plan #001PY 2018

250 EAST BROADWAY - MARYVILLE, TN 37804865-380-9746mplnet.comLinkedIn51-200 employeesbiotechnology

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$2.5M

-11.2% from 2017

Total participants

-9.8% from 2017

Average account balance

$55,507

-3.3% from 2017

Annual return

-1.65%

-21.94 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

$3.22M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

94.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$536K

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

+16.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1821

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$489K

$7895 / participant

Other / not subdivided$489K100.0%

% of EOY assets

19.596%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,507

$75,962-26.9%

$154,111-64.0%

$64,173-13.5%

Participation rate

53.2%

70.4%-17.2pp

83.0%-29.8pp

69.6%-16.3pp

Annual return

-1.65%

30.32%-32.0pp

735.18%-736.8pp

7.63%-9.3pp

Employer contribution / active EE

$3,350-100.0%

$5,298-100.0%

$2,381-100.0%

Participant deferral / active EE

$3,460

$3,175+9.0%

$5,081-31.9%

$3,470-0.3%

Admin fee / account holder

$10,877

$5,589+94.6%

$13,411-18.9%

$4,887+122.6%

MOLECULAR PATHOLOGY LABORATORY NETWORK, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOLECULAR PATHOLOGY LABORATORY NETWORK, INC. 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