Retirement plan

LOS ALAMOS MEDICAL CARE CLINIC, LTD. 401(K) PROFIT SHARING PLAN

Name: LOS ALAMOS MEDICAL CARE CLINIC, LTD. - LOS ALAMOS MEDICAL CARE CLINIC, LTD. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: LOS ALAMOS MEDICAL CARE CLINIC, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOS ALAMOS MEDICAL CARE CLINIC, LTD. 401(K) PROFIT SHARING PLAN, LOS ALAMOS MEDICAL CARE CLINIC, LTD.

LOS ALAMOS MEDICAL CARE CLINIC, LTD.EIN 85-0213818Plan #001PY 2017

3917 WEST ROAD, STE. 150 - LOS ALAMOS, NM 87544505-662-4351losalamosmedicalcareclinic.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$2.1M

+5.4% from 2016

Total participants

+6.0% from 2016

Average account balance

$31,250

+0.6% from 2016

Annual return

13.42%

+4.86 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.80M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

209.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$182K

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

+11.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3593

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 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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$310K

$7041 / participant

Other / not subdivided$310K100.0%

% of EOY assets

15.021%

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

$31,250

$84,236-62.9%

$170,439-81.7%

$70,124-55.4%

Participation rate

88.6%

70.8%+17.8pp

83.6%+5.0pp

69.5%+19.1pp

Annual return

13.42%

23.06%-9.6pp

205.94%-192.5pp

73.14%-59.7pp

Employer contribution / active EE

$3,387-100.0%

$5,433-100.0%

$2,342-100.0%

Participant deferral / active EE

$3,468

$3,086+12.4%

$4,939-29.8%

$3,332+4.1%

Admin fee / account holder

$4,694

$5,698-17.6%

$13,881-66.2%

$4,645+1.0%

LOS ALAMOS MEDICAL CARE CLINIC, LTD. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOS ALAMOS MEDICAL CARE CLINIC, LTD. 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