Retirement plan

STRATA PATHOLOGY SERVICES, INC. 401(K) PLAN

Name: STRATA PATHOLOGY SERVICES, INC. - STRATA PATHOLOGY SERVICES, INC. 401(K) PLAN (2020) Form 5500
Creator: STRATA PATHOLOGY SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRATA PATHOLOGY SERVICES, INC. 401(K) PLAN, STRATA PATHOLOGY SERVICES, INC.

STRATA PATHOLOGY SERVICES, INC.EIN 20-2879668Plan #001PY 2020

ONE CRANBERRY HILL, SUITE 303 - LEXINGTON, MA 02421617-401-4725

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.2M

-12.5% from 2019

Total participants

145

-11.6% from 2019

Average account balance

$51,737

-5.6% from 2019

Annual return

11.09%

+3.90 pp from 2019

Benchmarks

See 18,640 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,640 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$10.55M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

114

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.

88.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$947K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$571

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIRST NATIONAL CORPORATION5+ years Service code 27 300 LEDGEWOOD PL STE 101 · ROCKLAND, MA 02370	Advisory (Plan)	$15,825
THE ANGELL PENSION GROUP, INC.4 years Filed as: THE ANGELL PENSION GROUP, INC Service code 13	Contract Administrator	$7,194
GREAT-WEST LIFE & ANNUITY INSURANCE5+ years Filed as: GREAT WEST LIFE & ANNUITY CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$6,700
THE ANGELL PENSION GROUP, INC.5+ years Service code 13 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$17K

$273 / participant

Other / not subdivided$17K100.0%

% of EOY assets

0.237%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DAVIS KELLY, LLC
Auditor EIN: 743049340
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,737

$91,190-43.3%

$178,490-71.0%

$79,858-35.2%

Participation rate

92.1%

69.2%+22.9pp

81.9%+10.1pp

69.6%+22.4pp

Annual return

11.09%

24.19%-13.1pp

151.07%-140.0pp

31.71%-20.6pp

Employer contribution / active EE

$865

$3,256-73.4%

$5,011-82.7%

$2,471-65.0%

Participant deferral / active EE

$5,860

$3,236+81.1%

$5,202+12.7%

$3,740+56.7%

Admin fee / account holder

$123

$6,751-98.2%

$13,984-99.1%

$5,306-97.7%

Provider

Service type

Compensation

FIRST NATIONAL CORPORATION5+ years

Service code 27

300 LEDGEWOOD PL STE 101 · ROCKLAND, MA 02370

Advisory (Plan)

$15,825

THE ANGELL PENSION GROUP, INC.4 years

Filed as: THE ANGELL PENSION GROUP, INC

Service code 13

Contract Administrator

$7,194

GREAT-WEST LIFE & ANNUITY INSURANCE5+ years

Filed as: GREAT WEST LIFE & ANNUITY CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$6,700

THE ANGELL PENSION GROUP, INC.5+ years

Service code 13

88 BOYD AVENUE · EAST PROVIDENCE, RI 02914

Contract Administrator

STRATA PATHOLOGY SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRATA PATHOLOGY SERVICES, INC. 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