Retirement plan

COPLEY PROFESSIONAL SERVICES GROUP 401(K) PLAN

Name: COPLEY PROFESSIONAL SERVICES GROUP, INC. - COPLEY PROFESSIONAL SERVICES GROUP 401(K) PLAN (2019) Form 5500
Creator: COPLEY PROFESSIONAL SERVICES GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COPLEY PROFESSIONAL SERVICES GROUP 401(K) PLAN, COPLEY PROFESSIONAL SERVICES GROUP, INC.

COPLEY PROFESSIONAL SERVICES GROUP, INC.EIN 04-3358048Plan #001PY 2019

P.O. BOX 749 - MORRISVILLE, VT 05661802-851-8603lamoillehealthpartners.orgLinkedIn51-200 employeesmedical practice

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.4M

+1.6% from 2018

Total participants

232

+10.0% from 2018

Average account balance

$44,204

-7.4% from 2018

Annual return

19.98%

+25.31 pp from 2018

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.41M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

247

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.

67.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
HORNER TOWNSEND & KENT INC3 years Service code 53	Insurance Commissions	$19,384
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASACHUSSETS MUTUAL LIFE INS CO Service code 49 · EIN 04-1590850	Other Services	$7,060
FUTURE PLAN CONSULTING - FORT WAYNE4+ years Filed as: FUTURE PLANNING ASSOCIATES Service code 13 · EIN 03-0271340	Contract Administrator	$0
HONOR TOWNSHEND & KENT INC4+ years Service code 53 · EIN 23-1706139	Insurance Commissions	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$7K

$39 / participant

Contract admin$7K100.0%

% of EOY assets

0.095%

all-in expense ratio

Categories reported

1 / 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: BAKER NEWMAN NOYES
Auditor EIN: 010494526
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,204

$52,961-16.5%

$172,752-74.4%

$65,185-32.2%

Participation rate

64.6%

66.2%-1.6pp

82.6%-18.0pp

70.2%-5.6pp

Annual return

19.98%

30.12%-10.1pp

802.97%-783.0pp

29.38%-9.4pp

Employer contribution / active EE

$1,586

$2,190-27.6%

$5,144-69.2%

$2,177-27.1%

Participant deferral / active EE

$2,894

$2,471+17.1%

$5,198-44.3%

$3,514-17.7%

Admin fee / account holder

$42

$472-91.1%

$13,955-99.7%

$847-95.0%

Provider

Service type

Compensation

HORNER TOWNSEND & KENT INC3 years

Service code 53

Insurance Commissions

$19,384

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASACHUSSETS MUTUAL LIFE INS CO

Service code 49 · EIN 04-1590850

Other Services

$7,060

FUTURE PLAN CONSULTING - FORT WAYNE4+ years

Filed as: FUTURE PLANNING ASSOCIATES

Service code 13 · EIN 03-0271340

Contract Administrator

HONOR TOWNSHEND & KENT INC4+ years

Service code 53 · EIN 23-1706139

Insurance Commissions

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52

Indirect Investment Fees

COPLEY PROFESSIONAL SERVICES GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COPLEY PROFESSIONAL SERVICES GROUP 401(K) 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