Retirement plan

THE PALMETTO SKIN & LASER CENTER, LLC 401(K) PLAN

Name: PALMETTO SKIN & LASER CENTER, LLC - THE PALMETTO SKIN & LASER CENTER, LLC 401(K) PLAN (2017) Form 5500
Creator: PALMETTO SKIN & LASER CENTER, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PALMETTO SKIN & LASER CENTER, LLC 401(K) PLAN, PALMETTO SKIN & LASER CENTER, LLC

PALMETTO SKIN & LASER CENTER, LLCEIN 20-1135613Plan #001PY 2017

1563 HEALTHCARE DRIVE, STE. 201 - ROCK HILL, SC 29732803-329-6030palmettoskinandlasercenter.comLinkedIn11-50 employeeshospital & health care

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.8M

+19.9% from 2016

Total participants

+45.0% from 2016

Average account balance

$101,029

-14.4% from 2016

Annual return

13.47%

+4.97 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.88M

Not enough data

1 years with asset history on file

Average account balance

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

$294K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$174K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3167

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$3K

$153 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.114%

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

$101,029

$198,457-49.1%

$170,435-40.7%

$147,586-31.5%

Participation rate

95.2%

88.0%+7.3pp

83.6%+11.6pp

82.8%+12.4pp

Annual return

13.47%

257.30%-243.8pp

205.94%-192.5pp

578.59%-565.1pp

Employer contribution / active EE

$5,067

$6,183-18.1%

$5,432-6.7%

$4,876+3.9%

Participant deferral / active EE

$2,306

$5,629-59.0%

$4,939-53.3%

$5,439-57.6%

Admin fee / account holder

$115

$16,852-99.3%

$13,881-99.2%

$10,886-98.9%

THE PALMETTO SKIN & LASER CENTER, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PALMETTO SKIN & LASER CENTER, LLC 401(K) 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