Retirement plan

UROLOGY NEVADA, LTD. 401(K) PROFIT SHARING PLAN

Name: UROLOGY NEVADA, LTD. - UROLOGY NEVADA, LTD. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: UROLOGY NEVADA, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UROLOGY NEVADA, LTD. 401(K) PROFIT SHARING PLAN, UROLOGY NEVADA, LTD.

UROLOGY NEVADA, LTD.EIN 20-8628418Plan #002PY 2023

5560 KIETZKE LANE, BLDG. A - RENO, NV 89511775-823-8166urologynevada.comLinkedIn51-200 employeesmedical practice

Other plans on this EIN

1 filing

#003Retirement-$6.2M assets

Prospect flagsHigh feesLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.2M

+29.0% from 2022

Total participants

218

+8.5% from 2022

Average account balance

$101,350

+37.0% from 2022

Annual return

17.54%

+29.31 pp from 2022

Benchmarks

See 5,719 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,719 peers

Snapshot2023

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$16.04M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

191

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.

73.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$457

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
CERITY PARTNERS1 year Filed as: CERITY PARTNERS, LLC Service code 26 · EIN 82-3417410 345 CALIFORNIA STREET · SAN FRANCISCO, CA 94104	Advisory (Participants)	$23,510
WESPAC PLAN SERVICES, LLC3 years Service code 13 · EIN 26-2824865 4 ORINDA WAY, SUITE 100-B · ORINDA, CA 94563	Contract Administrator	$21,097
WESPAC PLAN SERVICES, LLC3 years Filed as: WESPAC ADVISORS, LLC Service code 26 · EIN 26-2824668 4 ORINDA WAY, SUITE 100-B · ORINDA, CA 94563	Advisory (Participants)	$19,267
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB TRUST BANK Service code 13 · EIN 42-1558009 2360 CORPORATE CIRCLE · HENDERSON, NC 89074	Contract Administrator	$3,519

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$67K

$364 / participant

Recordkeeping$21K31.3%
Trustee / custodial$4K5.2%
Investment mgmt$43K63.5%

% of EOY assets

0.416%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: KIMBERLIN COMPANY
Auditor EIN: 455497718
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,350

$61,272+65.4%

$149,673-32.3%

$71,457+41.8%

Participation rate

68.6%

62.5%+6.1pp

78.8%-10.1pp

67.9%+0.7pp

Annual return

17.54%

35.85%-18.3pp

134.42%-116.9pp

28.85%-11.3pp

Employer contribution / active EE

$5,684

$2,378+139.0%

$4,818+18.0%

$2,588+119.7%

Participant deferral / active EE

$2,596

$2,917-11.0%

$5,680-54.3%

$4,289-39.5%

Admin fee / account holder

$421

$1,261-66.6%

$13,210-96.8%

$1,587-73.5%

Provider

Service type

Compensation

CERITY PARTNERS1 year

Filed as: CERITY PARTNERS, LLC

Service code 26 · EIN 82-3417410

345 CALIFORNIA STREET · SAN FRANCISCO, CA 94104

Advisory (Participants)

$23,510

WESPAC PLAN SERVICES, LLC3 years

Service code 13 · EIN 26-2824865

4 ORINDA WAY, SUITE 100-B · ORINDA, CA 94563

Contract Administrator

$21,097

WESPAC PLAN SERVICES, LLC3 years

Filed as: WESPAC ADVISORS, LLC

Service code 26 · EIN 26-2824668

4 ORINDA WAY, SUITE 100-B · ORINDA, CA 94563

Advisory (Participants)

$19,267

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB TRUST BANK

Service code 13 · EIN 42-1558009

2360 CORPORATE CIRCLE · HENDERSON, NC 89074

Contract Administrator

$3,519

UROLOGY NEVADA, LTD. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UROLOGY NEVADA, LTD. 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