PlanOptica
Retirement plan

U.S. ANESTHESIA PARTNERS, INC. 401(K) PLAN

U.S. ANESTHESIA PARTNERS, INCEIN 46-0872971Plan #001PY 2020
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12222 MERIT DRIVE, SUITE 700 - DALLAS, TX 75251855-948-4238
Prospect flagsHigh assets / participantCorrective distributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(855) 948-4238
Plan administrator signer
AMY MESSERSMITH
Signed 10/12/2021
How to read this page

Summary metrics

Total assets (EOY)
$1828.6M
-16.3% from 2018
Total participants
6,254
-18.5% from 2018
Average account balance
$295,946
+3.7% from 2018
Annual return
18.11%
+114.81 pp from 2018

Benchmarks

See 223 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants5,000-9,999
Cohort223 peers
Snapshot2020
Participant deferral / active EE
$14,831
median $3,401
Employer contribution / active EE
$16,759
median $1,441
Participation rate
98.6%
median 85.9%
Avg account balance
$295,946
median $52,876
Admin fee / account holder
$138
median $49
Annual return
18.11%
median 16.21%
Overall peer rank
73rd percentileavg across 6 metrics

Analytics

2017 - 2024
Total assets (EOY)
Plan-year ending balance
$2.83B
Average account balance
Total assets / participants with a balance (line 6g)
$380K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
7,447
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.3%
Contributions (total)
Employer and participant dollars contributed each year
$207.30M
Contributions per participant
Average employer and participant contribution per enrolled participant
$37K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+16.05%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$134
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 4 by compensation
ProviderService typeCompensation
THE VANGUARD GROUP, INC.4+ years
Service code 15 · EIN 23-1945930
Recordkeeping
$610,776
COOK STREET CONSULTING, INC.1 year
Service code 27 · EIN 84-0854432
Advisory (Plan)
$146,787
MARTHA M. SADLER1 year
Service code 16 · EIN 82-4778450
Consulting
$18,120
MCCONNELL & JONES LLP1 year
Service code 10 · EIN 76-0488832
Accounting
$15,553

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R2S2T3D3H
Plan features
  • 2A
    Age/service weighted or new comparability plan
    Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
  • 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.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 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.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • ComplianceCorrective distributions

    Plan reported corrective distributions (failed ADP/ACP testing).

  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$851K
$163 / participant
  • Other / not subdivided$851K100.0%
% of EOY assets
0.047%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
MCCONNEL & JONES LLP
Auditor EIN
760488832
Audit fees
(not subdivided)
Opinion code
Disclaimer