Retirement plan

DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) PLAN

Name: DAYTON PHYSICIANS, LLC - DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) PLAN (2016) Form 5500
Creator: DAYTON PHYSICIANS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) PLAN, DAYTON PHYSICIANS, LLC

DAYTON PHYSICIANS, LLCEIN 20-3130844Plan #001PY 2016

6680 POE AVENUE, SUITE 200 - DAYTON, OH 45414937-567-5992

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$37.1M

+11.4% from 2015

Total participants

420

+6.6% from 2015

Average account balance

$88,354

+4.5% from 2015

Annual return

7.70%

+9.53 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$59.25M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

490

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

$3.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+12.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$288

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 6 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY2+ years Service code 28 485 LEXINGTON AVENUE · NEW YORK, NY 10017	Investment Management	$20,836
AMERIPRISE FINANCIAL SERVICES INC2+ years Filed as: AMERIPRISE FINANCIAL SERVICES, INC. Service code 28 70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 554740507	Investment Management	$18,285
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$12,016
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 27 · EIN 71-0294708	Advisory (Plan)	$11,290
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIALS SERVICES INC. Service code 28 7887 WASHINGTON VILLAGE DRIVE · CENTERVILLE, OH 454593998	Investment Management	$7,693
CETERA ADVISOR NETWORKS LLC2+ years Filed as: CETERA ADVISORS LLC Service code 28 4600 S. SYRACUSE STREET, SUITE 600 · DENVER, CO 80237	Investment Management	$6,098

Plan features & details

Pension benefit codes2A2E2F2G2J2R3H3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$77K

$292 / participant

Other / not subdivided$77K100.0%

% of EOY assets

0.207%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GOLDSHOT, LAMB & HOBBS, INC.
Auditor EIN: 310971691
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,354

$36,916+139.3%

$156,551-43.6%

$57,658+53.2%

Participation rate

100.0%

63.4%+36.6pp

84.0%+16.0pp

70.2%+29.8pp

Annual return

7.70%

12.38%-4.7pp

32.23%-24.5pp

5.13%+2.6pp

Employer contribution / active EE

$5,944

$1,571+278.5%

$5,501+8.1%

$1,974+201.2%

Participant deferral / active EE

$4,300

$1,926+123.3%

$4,871-11.7%

$3,061+40.5%

Admin fee / account holder

$183

$82+122.2%

$13,028-98.6%

$95+93.9%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2+ years

Service code 28

485 LEXINGTON AVENUE · NEW YORK, NY 10017

Investment Management

$20,836

AMERIPRISE FINANCIAL SERVICES INC2+ years

Filed as: AMERIPRISE FINANCIAL SERVICES, INC.

Service code 28

70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 554740507

Investment Management

$18,285

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$12,016

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 27 · EIN 71-0294708

Advisory (Plan)

$11,290

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS FINANCIALS SERVICES INC.

Service code 28

7887 WASHINGTON VILLAGE DRIVE · CENTERVILLE, OH 454593998

Investment Management

$7,693

CETERA ADVISOR NETWORKS LLC2+ years

Filed as: CETERA ADVISORS LLC

Service code 28

4600 S. SYRACUSE STREET, SUITE 600 · DENVER, CO 80237

Investment Management

$6,098

DAYTON PHYSICIANS, LLC PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAYTON PHYSICIANS, LLC PROFIT SHARING 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