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. (2017) 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 2017

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)

$71.5M

+21.9% from 2016

Total participants

160

+12.7% from 2016

Average account balance

$486,263

+17.8% from 2016

Annual return

15.97%

+10.95 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

$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 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930	Recordkeeping	$7,472
DIRECT ADVISORS, LLC1 year Filed as: DIRECT RETIREMENT SOLUTIONS Service code 27 · EIN 20-5173405	Advisory (Plan)	$6,667

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

$981

$7 / participant

Other / not subdivided$981100.0%

% of EOY assets

0.001%

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 FITZGERALD
Auditor EIN: 141630137
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$486,263

$55,453+776.9%

$170,435+185.3%

$62,293+680.6%

Participation rate

90.8%

66.4%+24.5pp

83.6%+7.2pp

69.5%+21.3pp

Annual return

15.97%

21.38%-5.4pp

205.94%-190.0pp

28.90%-12.9pp

Employer contribution / active EE

$18,895

$2,164+773.3%

$5,432+247.8%

$2,042+825.2%

Participant deferral / active EE

$11,433

$2,303+396.5%

$4,939+131.5%

$3,169+260.8%

Admin fee / account holder

$455-98.5%

$13,881-100.0%

$479-98.6%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2 years

Service code 15 · EIN 23-1945930

Recordkeeping

$7,472

DIRECT ADVISORS, LLC1 year

Filed as: DIRECT RETIREMENT SOLUTIONS

Service code 27 · EIN 20-5173405

Advisory (Plan)

$6,667

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