Retirement plan

FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Name: FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C. - FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN, FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C.

FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C.EIN 06-1452971Plan #001PY 2017

15 CORPORATE DRIVE - TRUMBULL, CT 06611203-452-6240

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$31.1M

+16.7% from 2016

Total participants

135

-4.9% from 2016

Average account balance

$230,202

+22.7% from 2016

Annual return

15.68%

+7.11 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.89M

Not enough data

1 years with asset history on file

Average account balance

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

$205K

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.

151

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$304

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 6 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION3+ years Filed as: LINCOLN FINANCIAL SERVICES Service code 55	Other Commissions	$36,193
MONTCHANIN ASSET MANAGEMENT2 years Service code 71 P.O. BOX 150 · MONTCHANIN, DE 19710	Brokerage Fees	$14,614
ADP BROKER-DEALER3+ years Filed as: PENSION CONSULTANTS, INC. Service code 13 · EIN 06-1504963	Contract Administrator	$10,000
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE & ANNUITY INS., CO. Service code 64 8915 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$4,194
TD AMERITRADE, INC.2 years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$2,406
LINCOLN NATIONAL CORPORATION3+ years Filed as: LINCOLN SECURITIES Service code 55 1 GRANITE PLACE · CONCORD, NH 03301	Other Commissions	$0

Plan features & details

Pension benefit codes2A2E2G2J2K2F2R

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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$18K

$147 / participant

Contract admin$4K21.3%
Other / not subdivided$14K78.7%

% of EOY assets

0.057%

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: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$230,202

$55,453+315.1%

$170,435+35.1%

$62,293+269.5%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

15.68%

21.38%-5.7pp

205.94%-190.3pp

28.90%-13.2pp

Employer contribution / active EE

$5,977

$2,164+176.2%

$5,432+10.0%

$2,042+192.7%

Participant deferral / active EE

$5,279

$2,303+129.2%

$4,939+6.9%

$3,169+66.6%

Admin fee / account holder

$130

$455-71.4%

$13,881-99.1%

$479-72.8%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION3+ years

Filed as: LINCOLN FINANCIAL SERVICES

Service code 55

Other Commissions

$36,193

MONTCHANIN ASSET MANAGEMENT2 years

Service code 71

P.O. BOX 150 · MONTCHANIN, DE 19710

Brokerage Fees

$14,614

ADP BROKER-DEALER3+ years

Filed as: PENSION CONSULTANTS, INC.

Service code 13 · EIN 06-1504963

Contract Administrator

$10,000

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE & ANNUITY INS., CO.

Service code 64

8915 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$4,194

TD AMERITRADE, INC.2 years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$2,406

LINCOLN NATIONAL CORPORATION3+ years

Filed as: LINCOLN SECURITIES

Service code 55

1 GRANITE PLACE · CONCORD, NH 03301

Other Commissions

FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C. 401(K) PROFIT SHARING 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