Retirement plan

MEDICAL EYE CENTER, INC. 401K PROFIT SHARING PLAN AND TRUST

Name: MEDICAL EYE CENTER, INC. - MEDICAL EYE CENTER, INC. 401K PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: MEDICAL EYE CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEDICAL EYE CENTER, INC. 401K PROFIT SHARING PLAN AND TRUST, MEDICAL EYE CENTER, INC.

MEDICAL EYE CENTER, INC.EIN 93-0603046Plan #006PY 2019

1333 E BARNETT RD - MEDFORD, OR 975048219541-779-4711medicaleyecenter.comLinkedIn51-200 employeeshospital & health care

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.6M

+2.3% from 2018

Total participants

173

-8.5% from 2018

Average account balance

$65,159

+10.4% from 2018

Annual return

19.48%

+24.97 pp from 2018

Benchmarks

See 5,343 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,343 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$14.78M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

261

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

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

+11.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35

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

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
FERGUSON WELLMAN CAPITAL MANAGEMENT5+ years Filed as: FERGUSON WELLMAN CAPITAL MANAGMENT Service code 26 · EIN 93-0646988 888 SW 5TH AVE. STE. 1200 · PORTLAND, OR 97204	Advisory (Participants)	$20,441

Plan features & details

Pension benefit codes2E2G2F2J2K2R2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$20K

$143 / participant

Investment mgmt$5742.8%
Contract admin$20K97.2%

% of EOY assets

0.192%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: KDP CERTIFIED PUBLIC ACCOUNTANTS
Auditor EIN: 930745639
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,159

$52,953+23.1%

$172,739-62.3%

$65,1850%

Participation rate

93.0%

66.2%+26.8pp

82.6%+10.4pp

70.2%+22.8pp

Annual return

19.48%

30.12%-10.6pp

802.84%-783.4pp

29.38%-9.9pp

Employer contribution / active EE

$1,669

$2,190-23.8%

$5,143-67.6%

$2,177-23.3%

Participant deferral / active EE

$3,078

$2,471+24.6%

$5,198-40.8%

$3,514-12.4%

Admin fee / account holder

$125

$472-73.4%

$13,954-99.1%

$847-85.2%

Provider

Service type

Compensation

FERGUSON WELLMAN CAPITAL MANAGEMENT5+ years

Filed as: FERGUSON WELLMAN CAPITAL MANAGMENT

Service code 26 · EIN 93-0646988

888 SW 5TH AVE. STE. 1200 · PORTLAND, OR 97204

Advisory (Participants)

$20,441

MEDICAL EYE CENTER, INC. 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEDICAL EYE CENTER, INC. 401K PROFIT SHARING PLAN AND TRUST

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