Retirement plan

NORTH TEXAS TRIANGLE GASTROENTEROLOGY, P.A. RETIREMENT PLAN

Name: NORTH TEXAS TRIANGLE GASTROENTEROLOGY, PA - NORTH TEXAS TRIANGLE GASTROENTEROLOGY, P.A. RETIREMENT PLAN (2019) Form 5500
Creator: NORTH TEXAS TRIANGLE GASTROENTEROLOGY, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH TEXAS TRIANGLE GASTROENTEROLOGY, P.A. RETIREMENT PLAN, NORTH TEXAS TRIANGLE GASTROENTEROLOGY, PA

NORTH TEXAS TRIANGLE GASTROENTEROLOGY, PAEIN 20-0889670Plan #002PY 2019

3313 UNICORN LAKE BLVD., #152 - DENTON, TX 76210214-394-6691gidrquan.comLinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$4.7M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+29.7% from 2018

Total participants

+12.5% from 2018

Average account balance

$142,088

+15.3% from 2018

Annual return

19.21%

+25.61 pp from 2018

Benchmarks

See 104,307 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,307 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.44M

Not enough data

1 years with asset history on file

Average account balance

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

$286K

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.

211.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$282K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+7.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2948

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 codes2F2J2E2G

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$6K

$1437 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.449%

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

$142,088

$202,342-29.8%

$172,752-17.8%

$152,897-7.1%

Participation rate

100.0%

87.1%+12.9pp

82.6%+17.4pp

82.5%+17.5pp

Annual return

19.21%

1029.83%-1010.6pp

802.97%-783.8pp

345.43%-326.2pp

Employer contribution / active EE

$8,601

$5,858+46.8%

$5,144+67.2%

$4,764+80.6%

Participant deferral / active EE

$18,750

$5,948+215.2%

$5,198+260.7%

$5,851+220.5%

Admin fee / account holder

$638

$17,111-96.3%

$13,955-95.4%

$11,599-94.5%

NORTH TEXAS TRIANGLE GASTROENTEROLOGY, P.A. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH TEXAS TRIANGLE GASTROENTEROLOGY, P.A. RETIREMENT 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