Profile
Marshfield Clinic Salary Reduction Plan in Marshfield, WI is in Wisconsin, its EIN is 390452970, its industry group is Offices of Physicians, its plan administrator is Cathy Bukowski, 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, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 621111, has 5,000 to 24,999 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and yield on beginning-of-plan-year total assets (4 total), is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is lower than the overall administrative medians in each of investment advisory and management fees, total administrative expenses, and total administrative expense ratio.
Numeric values:
- total assets at beginning of plan year ($1,860,301,016)
- total assets ($1,538,321,646)
- net assets (assets minus liabilities) ($1.538B)
- value of interest in master trust investment accounts ($1.526B)
- total expenses ($170,563,967)
- total contributions ($133,023,617)
- cash contributions from participants ($80,346,816)
- cash contributions from employers ($25,099,389)
- participant loans ($11,978,114)
- other administrative expenses ($515,838)
- total administrative expenses ($515,838)
- average account balance ($97,049)
- total liabilities ($30,028)
- corrective distributions ($21,971)
- average employer+participant cash contribution per active participant ($8,946)
- average participant cash contribution per active participant ($6,817)
- average employer cash contribution per active participant ($2,129)
- total administrative expense per participant ($32.54)
- total noninterest-bearing cash ($0)
- receivables - employer contributions ($0)
- receivables - participant contributions ($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 103-12 investment entities ($0)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- value of funds held in insurance company general account (unallocated contracts) ($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)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$20,313)
- total income (-$151,415,727)
- earnings on investments (-$284,439,344)
- net earnings on investments (-$284,439,344)
- net income (-$321,979,694)
- percentage of active participants (74.4%)
- diversity of asset types (1.4%)
- participant loans as a percentage of plan assets (0.78%)
- total administrative expense ratio (0.034%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-15.29%)
- growth in total assets during the plan year (-17.3%)
- active participants (11,787)
- deceased participants whose beneficiaries receive or are entitled to benefits (16)
- living participants (15,835)
- other retired or separated participants entitled to future benefits (3,784)
- retired or separated participants receiving benefits (264)
- total participants (15,851)