Profile
Millennium Physician Group 401(K) Plan & Trust in Fort Myers, FL is in the Southeast, its EIN is 262909414, its industry group is Offices of Physicians, its plan administrator is Joseph Biscardi, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, provides for automatic enrollment, is a single-employer plan, plan year began in q1, its business code is 621111, has 1,000 to 4,999 total participants, and is worse than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, and employer contributions per active participant (4 total).
Numeric values:
- net assets (assets minus liabilities) ($158.60M)
- total assets ($158,586,098)
- value of interest in registered investment companies (e.g., mutual funds) ($124.80M)
- total assets at beginning of plan year ($123,729,259)
- total income ($51,550,269)
- net income ($34,856,839)
- total contributions ($34,258,381)
- value of funds held in insurance company general account (unallocated contracts) ($31,676,966)
- earnings on investments ($17,260,091)
- net earnings on investments ($17,238,224)
- cash contributions from participants ($16,854,653)
- total expenses ($16,693,430)
- cash contributions from employers ($10,756,105)
- participant loans ($1,697,877)
- receivables - employer contributions ($405,629)
- total administrative expenses ($370,438)
- contract administrator fees ($325,139)
- average account balance ($40,621)
- investment advisory and management fees ($21,867)
- other administrative expenses ($16,898)
- net income per total participant ($8,928)
- average employer+participant cash contribution per active participant ($7,909)
- IQPA audit fees ($6,534)
- average participant cash contribution per active participant ($4,828)
- average employer cash contribution per active participant ($3,081)
- receivables - participant contributions ($420)
- total administrative expense per participant ($94.89)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- plan salaries and allowances ($0)
- recordkeeping fees ($0)
- bank or trust company trustee/custodial fees ($0)
- actuarial fees ($0)
- legal fees ($0)
- valuation/appraisal fees ($0)
- other trustee fees and expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- amount of loss caused by fraud or dishonesty ($0)
- percentage of active participants (89.4%)
- growth in total assets during the plan year (28.2%)
- diversity of asset types (18.1%)
- yield on beginning-of-plan-year total assets (13.93%)
- participant loans as a percentage of plan assets (1.07%)
- total administrative expense ratio (0.230%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (3,491)
- deceased participants whose beneficiaries receive or are entitled to benefits (4)
- living participants (3,900)
- other retired or separated participants entitled to future benefits (409)
- retired or separated participants receiving benefits (0)
- total participants (3,904)