Retirement plan

UNIVERSITY PSYCHIATRIC PRACTICE, INC. SECTION 403(B) PLAN

Name: UNIVERSITY PSYCHIATRIC PRACTICE, INC. - UNIVERSITY PSYCHIATRIC PRACTICE, INC. SECTION 403(B) PLAN (2017) Form 5500
Creator: UNIVERSITY PSYCHIATRIC PRACTICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY PSYCHIATRIC PRACTICE, INC. SECTION 403(B) PLAN, UNIVERSITY PSYCHIATRIC PRACTICE, INC.

UNIVERSITY PSYCHIATRIC PRACTICE, INC.EIN 16-1426208Plan #001PY 2017

462 GRIDER STREET - BUFFALO, NY 14215716-898-4535LinkedIn51-200 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.8M

+23.2% from 2016

Total participants

130

+3.2% from 2016

Average account balance

$138,344

+17.4% from 2016

Annual return

14.99%

+8.50 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.16M

Not enough data

1 years with asset history on file

Average account balance

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

$259K

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.

124

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.

89.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+12.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2E2F2G2J2L3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$268

$3 / participant

Contract admin$268100.0%

% of EOY assets

0.002%

all-in expense ratio

Categories reported

1 / 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: CHIAMPOU TRAVIS BESAW & KERSHNER L
Auditor EIN: 161468002
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$138,344

$84,236+64.2%

$170,439-18.8%

$70,124+97.3%

Participation rate

75.8%

70.8%+5.0pp

83.6%-7.8pp

69.5%+6.2pp

Annual return

14.99%

23.06%-8.1pp

205.94%-191.0pp

73.14%-58.2pp

Employer contribution / active EE

$9,084

$3,387+168.2%

$5,433+67.2%

$2,342+287.8%

Participant deferral / active EE

$3,916

$3,086+26.9%

$4,939-20.7%

$3,332+17.5%

Admin fee / account holder

$5,698-100.0%

$13,881-100.0%

$4,645-99.9%

UNIVERSITY PSYCHIATRIC PRACTICE, INC. SECTION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY PSYCHIATRIC PRACTICE, INC. SECTION 403(B) 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