Retirement plan

EMPLOYEES' PROFIT SHARING PLAN OF ANESTHESIA GROUP OF ALBANY, P. C.

Name: ANESTHESIA GROUP OF ALBANY, P.C. - EMPLOYEES' PROFIT SHARING PLAN OF ANESTHESIA GROUP OF ALBANY, P. C. (2016) Form 5500
Creator: ANESTHESIA GROUP OF ALBANY, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES' PROFIT SHARING PLAN OF ANESTHESIA GROUP OF ALBANY, P. C., ANESTHESIA GROUP OF ALBANY, P.C.

ANESTHESIA GROUP OF ALBANY, P.C.EIN 14-1551793Plan #001PY 2016

1450 WESTERN AVENUE,, SUITE 102 - ALBANY, NY 122033539518-463-0050agapc.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$58.6M

+6.4% from 2015

Total participants

142

-7.2% from 2015

Average account balance

$412,846

+4.9% from 2015

Annual return

5.02%

+4.75 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$97.04M

Not enough data

1 years with asset history on file

Average account balance

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

$656K

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.

148

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$37K

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

+15.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39

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 8 by compensation

Provider	Service type	Compensation
CONTINNUM WEALTH ADVISORS, LLC1 year Filed as: CONTINUUM WEALTH ADVISORS LLC Service code 28 · EIN 27-1622680	Investment Management	$5,867
CHARLES SCHWAB & CO., INC.2+ years Service code 19	Securities Custodian	$0
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB AND CO., INC Service code 19	Securities Custodian	$0
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB AND CO., INC. Service code 19	Securities Custodian	$0
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 19	Securities Custodian	$0
MILLIMAN, INC.1 year Filed as: MILLIMAN, INC Service code 19	Securities Custodian	$0
MILLIMAN, INC.2+ years Service code 19	Securities Custodian	$0
THE VANGUARD GROUP, INC.1 year Service code 99	Other Fees	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$8K

$63 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.014%

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: BROWN AND FITZERALD
Auditor EIN: 141630137
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$412,846

$46,732+783.4%

$156,551+163.7%

$55,167+648.4%

Participation rate

100.0%

65.8%+34.2pp

84.0%+16.0pp

69.0%+31.0pp

Annual return

5.02%

17.72%-12.7pp

32.23%-27.2pp

169.23%-164.2pp

Employer contribution / active EE

$21,299

$2,105+911.8%

$5,501+287.2%

$1,963+985.2%

Participant deferral / active EE

$13,535

$2,204+514.1%

$4,871+177.9%

$3,054+343.2%

Admin fee / account holder

$57

$418-86.4%

$13,028-99.6%

$504-88.7%

Provider

Service type

Compensation

CONTINNUM WEALTH ADVISORS, LLC1 year

Filed as: CONTINUUM WEALTH ADVISORS LLC

Service code 28 · EIN 27-1622680

Investment Management

$5,867

CHARLES SCHWAB & CO., INC.2+ years

Service code 19

Securities Custodian

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB AND CO., INC

Service code 19

Securities Custodian

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB AND CO., INC.

Service code 19

Securities Custodian

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK

Service code 19

Securities Custodian

MILLIMAN, INC.1 year

Filed as: MILLIMAN, INC

Service code 19

Securities Custodian

MILLIMAN, INC.2+ years

Service code 19

Securities Custodian

THE VANGUARD GROUP, INC.1 year

Service code 99

Other Fees

EMPLOYEES' PROFIT SHARING PLAN OF ANESTHESIA GROUP OF ALBANY, P. C.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES' PROFIT SHARING PLAN OF ANESTHESIA GROUP OF ALBANY, P. C.

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