Retirement plan

UNIVERSITY SURGICAL ASSOCIATES. LLP, 401(K) PROFIT SHARING PLAN

Name: UNIVERSITY SURGICAL ASSOCIATES. LLP - UNIVERSITY SURGICAL ASSOCIATES. LLP, 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: UNIVERSITY SURGICAL ASSOCIATES. LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY SURGICAL ASSOCIATES. LLP, 401(K) PROFIT SHARING PLAN, UNIVERSITY SURGICAL ASSOCIATES. LLP

UNIVERSITY SURGICAL ASSOCIATES. LLPEIN 16-6074527Plan #003PY 2019

750 EAST ADAMS STREET - SYRACUSE, NY 13210315-464-5549universityvascular.comLinkedIn11-50 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.9M

+41.6% from 2018

Total participants

+5.3% from 2018

Average account balance

$161,890

+26.1% from 2018

Annual return

28.66%

+34.11 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.29M

Not enough data

1 years with asset history on file

Average account balance

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

$273K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+10.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12171

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 codes2E2H2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

1 tripped

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

$374K

$9851 / participant

Other / not subdivided$374K100.0%

% of EOY assets

4.204%

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

$161,890

$85,171+90.1%

$172,753-6.3%

$72,976+121.8%

Participation rate

86.8%

70.1%+16.8pp

82.6%+4.2pp

69.5%+17.4pp

Annual return

28.66%

27.32%+1.3pp

803.00%-774.3pp

81.02%-52.4pp

Employer contribution / active EE

$22,255

$3,324+569.5%

$5,144+332.7%

$2,440+812.1%

Participant deferral / active EE

$8,960

$3,260+174.9%

$5,198+72.4%

$3,608+148.4%

Admin fee / account holder

$6,806

$5,880+15.7%

$13,956-51.2%

$5,124+32.8%

UNIVERSITY SURGICAL ASSOCIATES. LLP, 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY SURGICAL ASSOCIATES. LLP, 401(K) PROFIT SHARING 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