Retirement plan

ABINGTON EMERGENCY PHYSICIAN'S ASSOC. 401(K) PLAN

Name: ABINGTON EMERGENCY PHYSICIAN'S ASSOC., P.C. - ABINGTON EMERGENCY PHYSICIAN'S ASSOC. 401(K) PLAN (2016) Form 5500
Creator: ABINGTON EMERGENCY PHYSICIAN'S ASSOC., P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ABINGTON EMERGENCY PHYSICIAN'S ASSOC. 401(K) PLAN, ABINGTON EMERGENCY PHYSICIAN'S ASSOC., P.C.

ABINGTON EMERGENCY PHYSICIAN'S ASSOC., P.C.EIN 23-2624943Plan #001PY 2016

1200 OLD YORK ROAD - ABINGTON, PA 19001215-481-4553LinkedIn1-10 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$5.1M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$28.1M

+16.6% from 2015

Total participants

+8.7% from 2015

Average account balance

$374,218

+8.8% from 2015

Annual return

9.31%

+9.88 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$63.75M

Not enough data

1 years with asset history on file

Average account balance

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

$873K

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.

152.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$49K

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

+35.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21400

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 codes2E2F2G2J2T3D

Plan features

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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$182K

$3085 / participant

Other / not subdivided$182K100.0%

% of EOY assets

0.649%

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

$374,218

$77,638+382.0%

$156,551+139.0%

$62,881+495.1%

Participation rate

100.0%

71.2%+28.8pp

84.0%+16.0pp

69.3%+30.7pp

Annual return

9.31%

50.33%-41.0pp

32.23%-22.9pp

20.14%-10.8pp

Employer contribution / active EE

$21,251

$3,444+517.1%

$5,501+286.3%

$2,281+831.7%

Participant deferral / active EE

$11,522

$3,046+278.3%

$4,871+136.5%

$3,203+259.7%

Admin fee / account holder

$2,427

$5,561-56.4%

$13,028-81.4%

$4,296-43.5%

ABINGTON EMERGENCY PHYSICIAN'S ASSOC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ABINGTON EMERGENCY PHYSICIAN'S ASSOC. 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