Retirement plan

UROPARTNERS, LLC 401(K) PROFIT SHARING PLAN

Name: UROPARTNERS, LLC - UROPARTNERS, LLC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: UROPARTNERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UROPARTNERS, LLC 401(K) PROFIT SHARING PLAN, UROPARTNERS, LLC

UROPARTNERS, LLCEIN 20-1780406Plan #001PY 2020

2245 ENTERPRISE DRIVE, SUITE 4506 - WESTCHESTER, IL 60154708-486-0076LinkedIn1-10 employees

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$71M

+14.9% from 2019

Total participants

560

+10.9% from 2019

Average account balance

$126,854

+3.4% from 2019

Annual return

13.90%

-6.89 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.17M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

310

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$366

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

Top 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE5 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$121,519
MORGAN STANLEY SMITH BARNEY6+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 27 1 NEW YORK PLAZA, 12TH FLOOR · NEW YORK, NY 10004	Advisory (Plan)	$46,000
HOWARD SIMON & ASSOCIATES, INC.6+ years Service code 13 304 SAUNDERS ROAD · RIVERWOODS, IL 60015	Contract Administrator	$21,592

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$192K

$541 / participant

Investment mgmt$4K1.9%
Other / not subdivided$189K98.1%

% of EOY assets

0.271%

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: MATHIESON, MOYSKI, AUSTIN, & CO LLP
Auditor EIN: 363480013
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$126,854

$52,293+142.6%

$178,503-28.9%

$73,412+72.8%

Participation rate

100.0%

65.3%+34.7pp

81.9%+18.1pp

72.2%+27.8pp

Annual return

13.90%

34.75%-20.9pp

151.12%-137.2pp

59.30%-45.4pp

Employer contribution / active EE

$6,964

$1,736+301.1%

$5,011+39.0%

$2,234+211.8%

Participant deferral / active EE

$5,218

$2,333+123.6%

$5,202+0.3%

$3,806+37.1%

Admin fee / account holder

$343

$127+169.5%

$13,987-97.5%

$158+117.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE5 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$121,519

MORGAN STANLEY SMITH BARNEY6+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 27

1 NEW YORK PLAZA, 12TH FLOOR · NEW YORK, NY 10004

Advisory (Plan)

$46,000

HOWARD SIMON & ASSOCIATES, INC.6+ years

Service code 13

304 SAUNDERS ROAD · RIVERWOODS, IL 60015

Contract Administrator

$21,592

UROPARTNERS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UROPARTNERS, LLC 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