Retirement plan

EASTVIEW VETERINARY CLINIC P.C. 401(K) SAVINGS PLAN

Name: EASTVIEW VETERINARY CLINIC P.C. - EASTVIEW VETERINARY CLINIC P.C. 401(K) SAVINGS PLAN (2017) Form 5500
Creator: EASTVIEW VETERINARY CLINIC P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EASTVIEW VETERINARY CLINIC P.C. 401(K) SAVINGS PLAN, EASTVIEW VETERINARY CLINIC P.C.

EASTVIEW VETERINARY CLINIC P.C.EIN 16-1271008Plan #001PY 2017

1260 STATE ROUTE 14A - PENN YAN, NY 14527315-536-9871eastviewveterinaryclinic.comLinkedIn11-50 employeesveterinary

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.1M

+43.7% from 2016

Total participants

+2.0% from 2016

Average account balance

$30,070

+55.7% from 2016

Annual return

24.38%

+17.56 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.27M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$266K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2439

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 codes2E2G2J2F3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$68K

$1439 / participant

Other / not subdivided$68K100.0%

% of EOY assets

6.248%

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

$30,070

$85,766-64.9%

$136,298-77.9%

$70,126-57.1%

Participation rate

68.1%

74.2%-6.1pp

81.9%-13.8pp

69.5%-1.5pp

Annual return

24.38%

31.46%-7.1pp

5156.27%-5131.9pp

73.15%-48.8pp

Employer contribution / active EE

$1,463

$2,966-50.7%

$4,696-68.8%

$2,343-37.5%

Participant deferral / active EE

$3,077

$5,051-39.1%

$6,247-50.8%

$3,332-7.7%

Admin fee / account holder

$1,879

$5,421-65.3%

$9,244-79.7%

$4,645-59.6%

EASTVIEW VETERINARY CLINIC P.C. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EASTVIEW VETERINARY CLINIC P.C. 401(K) SAVINGS 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