Retirement plan

GIOSA BROWN PULMONARY ASSOCI 401 K PROFIT SHARING PLAN TRUST

Name: GIOSA & BROWN PULMONARY ASSOCI - GIOSA BROWN PULMONARY ASSOCI 401 K PROFIT SHARING PLAN TRUST (2018) Form 5500
Creator: GIOSA & BROWN PULMONARY ASSOCI
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GIOSA BROWN PULMONARY ASSOCI 401 K PROFIT SHARING PLAN TRUST, GIOSA & BROWN PULMONARY ASSOCI

GIOSA & BROWN PULMONARY ASSOCIEIN 06-1586361Plan #001PY 2018

455 LEWIS AVENUE SUITE 200 - MERIDEN, CT 06450203-238-9446

Prospect flagsHigh feesLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+0.1% from 2017

Total participants

+18.2% from 2017

Average account balance

$158,343

+10.1% from 2017

Annual return

-3.75%

-16.89 pp from 2017

Benchmarks

See 105,563 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,563 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+9.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$73445

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 codes3D2F2T2E2J2G

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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$50K

$4583 / participant

Other / not subdivided$50K100.0%

% of EOY assets

3.184%

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

$158,343

$180,466-12.3%

$154,114+2.7%

$135,382+17.0%

Participation rate

72.7%

87.4%-14.7pp

83.0%-10.3pp

82.6%-9.9pp

Annual return

-3.75%

888.15%-891.9pp

735.16%-738.9pp

519.77%-523.5pp

Employer contribution / active EE

-$126

$6,035-102.1%

$5,298-102.4%

$4,779-102.6%

Participant deferral / active EE

$9,341

$5,806+60.9%

$5,081+83.9%

$5,609+66.5%

Admin fee / account holder

$5,042

$16,144-68.8%

$13,411-62.4%

$10,829-53.4%

GIOSA BROWN PULMONARY ASSOCI 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GIOSA BROWN PULMONARY ASSOCI 401 K PROFIT SHARING PLAN TRUST

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