Retirement plan

GETTYSBURG FAMILY PRACTICE PROFIT SHARING PLAN

Name: GETTYSBURG FAMILY PRACTICE, INC. - GETTYSBURG FAMILY PRACTICE PROFIT SHARING PLAN (2017) Form 5500
Creator: GETTYSBURG FAMILY PRACTICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GETTYSBURG FAMILY PRACTICE PROFIT SHARING PLAN, GETTYSBURG FAMILY PRACTICE, INC.

GETTYSBURG FAMILY PRACTICE, INC.EIN 23-2707038Plan #002PY 2017

524 S. WASHINGTON STREET - GETTYSBURG, PA 17325717-334-2183gettysburgfamilypractice.comLinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.9M

-0.7% from 2016

Total participants

+17.2% from 2016

Average account balance

$202,899

-0.7% from 2016

Annual return

12.45%

+5.86 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.24M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

148.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$138K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2379

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$947K

$28682 / participant

Other / not subdivided$947K100.0%

% of EOY assets

16.086%

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

$202,899

$84,236+140.9%

$170,435+19.0%

$70,126+189.3%

Participation rate

84.8%

70.8%+14.0pp

83.6%+1.3pp

69.5%+15.3pp

Annual return

12.45%

23.06%-10.6pp

205.94%-193.5pp

73.15%-60.7pp

Employer contribution / active EE

$1,310

$3,387-61.3%

$5,432-75.9%

$2,343-44.1%

Participant deferral / active EE

$2,375

$3,086-23.0%

$4,939-51.9%

$3,332-28.7%

Admin fee / account holder

$32,639

$5,698+472.8%

$13,881+135.1%

$4,645+602.6%

GETTYSBURG FAMILY PRACTICE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GETTYSBURG FAMILY PRACTICE 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