Retirement plan

PRIMARY CARE CENTERS OF EASTERN KENTUCKY 401K PLAN

Name: PRIMARY CARE CENTERS OF EASTERN KENTUCKY - PRIMARY CARE CENTERS OF EASTERN KENTUCKY 401K PLAN (2018) Form 5500
Creator: PRIMARY CARE CENTERS OF EASTERN KENTUCKY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRIMARY CARE CENTERS OF EASTERN KENTUCKY 401K PLAN, PRIMARY CARE CENTERS OF EASTERN KENTUCKY

PRIMARY CARE CENTERS OF EASTERN KENTUCKYEIN 06-1685195Plan #001PY 2018

101 TOWN AND COUNTRY LANE, STE 100 - HAZARD, KY 41701606-439-1300pccek.comLinkedIn51-200 employeesmedical practice

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$5.5M

-4.2% from 2017

Total participants

233

+8.4% from 2017

Average account balance

$34,364

-11.4% from 2017

Annual return

-7.48%

-28.20 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.12M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

257

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.

63.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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
LINSCO/PRIVATE LEDGER CORP2 years Service code 55 9785 TOWNE CENTRE DR · SAN DIEGO, CA 92121	Other Commissions	$28,640
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 15 8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$20,430
CREATIVE RETIREMENT SYSTEMS, INC.4+ years Service code 15 25 MERCHANT ST. STE 135 · CINCINNATI, OH 45246	Recordkeeping	$7,584
MORNINGSTAR1 year Filed as: MORNINGSTAR INC MORNINGSTAR ASSOC. Service code 99 5904 PAYSHERE CIRCLE · CHICAGO, IL 60674	Other Fees	$1,147
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD RD. · GREENWOOD, CO 80111	Investment Management	$216

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$21K

$105 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.386%

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: BALDWIN CPAS
Auditor EIN: 201416603
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,364

$47,977-28.4%

$154,108-77.7%

$56,289-38.9%

Participation rate

63.9%

66.2%-2.3pp

83.0%-19.2pp

69.9%-6.0pp

Annual return

-7.48%

3.54%-11.0pp

735.21%-742.7pp

-9.96%+2.5pp

Employer contribution / active EE

$1,420

$2,169-34.5%

$5,298-73.2%

$2,111-32.8%

Participant deferral / active EE

$2,250

$2,392-5.9%

$5,081-55.7%

$3,350-32.8%

Admin fee / account holder

$133

$438-69.7%

$13,411-99.0%

$521-74.5%

Provider

Service type

Compensation

LINSCO/PRIVATE LEDGER CORP2 years

Service code 55

9785 TOWNE CENTRE DR · SAN DIEGO, CA 92121

Other Commissions

$28,640

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 15

8515 EAST ORCHARD RD. · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$20,430

CREATIVE RETIREMENT SYSTEMS, INC.4+ years

Service code 15

25 MERCHANT ST. STE 135 · CINCINNATI, OH 45246

Recordkeeping

$7,584

MORNINGSTAR1 year

Filed as: MORNINGSTAR INC MORNINGSTAR ASSOC.

Service code 99

5904 PAYSHERE CIRCLE · CHICAGO, IL 60674

Other Fees

$1,147

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD RD. · GREENWOOD, CO 80111

Investment Management

$216

PRIMARY CARE CENTERS OF EASTERN KENTUCKY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRIMARY CARE CENTERS OF EASTERN KENTUCKY 401K 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