Retirement plan

MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC 401(K)/PROFIT SHARING PENSION PLAN

Name: MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC. - MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC 401(K)/PROFIT SHARING PENSION PLAN (2016) Form 5500
Creator: MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC 401(K)/PROFIT SHARING PENSION PLAN, MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC.

MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC.EIN 94-2231315Plan #003PY 2016

C/O 126 CLOCK TOWER PL SUITE 101 - CARMEL, CA 93923831-620-0811LinkedIn1-10 employeeshospital & health care

Other plans on this EIN

1 filing

#006Retirement-$1.1M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$12.8M

No prior year

Total participants

No prior year

Average account balance

$1,422,608

No prior year

Annual return

30.72%

No prior year

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.25M

Not enough data

1 years with asset history on file

Average account balance

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

$4.3M

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

$379K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$42K

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

+40.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10197

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$28K

$3157 / participant

Other / not subdivided$28K100.0%

% of EOY assets

0.222%

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

$1,422,608

$181,896+682.1%

$156,551+808.7%

$273,972+419.3%

Participation rate

100.0%

88.4%+11.6pp

84.0%+16.0pp

83.0%+17.0pp

Annual return

30.72%

30.74%0pp

32.23%-1.5pp

41.46%-10.7pp

Employer contribution / active EE

$15,900

$6,248+154.5%

$5,501+189.0%

$4,869+226.6%

Participant deferral / active EE

$20,000

$5,550+260.4%

$4,871+310.6%

$5,287+278.3%

Admin fee / account holder

$3,157

$15,560-79.7%

$13,028-75.8%

$10,133-68.8%

MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC 401(K)/PROFIT SHARING PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONTEREY PENINSULA RADIOLOGICAL MEDICAL GROUP, INC 401(K)/PROFIT SHARING PENSION 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