Retirement plan

ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PS

Name: ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PS - ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PS (2016) Form 5500
Creator: ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PS, ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PS

ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PSEIN 04-2650882Plan #001PY 2016

174 PLEASANT ST - ATTLEBORO, MA 027032441508-226-1809fayophthalmology.comLinkedIn1-10 employees

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$956K

-0.4% from 2015

Total participants

+66.7% from 2015

Average account balance

$106,253

-33.6% from 2015

Annual return

2.39%

+5.77 pp from 2015

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

$3.40M

Not enough data

1 years with asset history on file

Average account balance

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

$309K

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.

137.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$160K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+20.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5398

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$134K

$16767 / participant

Other / not subdivided$134K100.0%

% of EOY assets

14.027%

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

$106,253

$181,896-41.6%

$156,551-32.1%

$273,972-61.2%

Participation rate

87.5%

88.4%-0.9pp

84.0%+3.5pp

83.0%+4.5pp

Annual return

2.39%

30.74%-28.4pp

32.23%-29.8pp

41.46%-39.1pp

Employer contribution / active EE

$7,389

$6,248+18.3%

$5,501+34.3%

$4,869+51.8%

Participant deferral / active EE

$6,010

$5,550+8.3%

$4,871+23.4%

$5,287+13.7%

Admin fee / account holder

$14,904

$15,560-4.2%

$13,028+14.4%

$10,133+47.1%

ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ATTLEBORO OPHTHALMOLOGICAL, INC. 401(K) PS

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