Retirement plan

UNITED ANESTHESIA SERVICES, P.C. 401(K) PLAN

Name: UNITED ANESTHESIA SERVICES, P.C. - UNITED ANESTHESIA SERVICES, P.C. 401(K) PLAN (2020) Form 5500
Creator: UNITED ANESTHESIA SERVICES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED ANESTHESIA SERVICES, P.C. 401(K) PLAN, UNITED ANESTHESIA SERVICES, P.C.

UNITED ANESTHESIA SERVICES, P.C.EIN 23-2856393Plan #002PY 2020

610 W. GERMANTOWN PIKE, SUITE 150 - PLYMOUTH MEETING, PA 19462610-527-5101uaspc.comLinkedIn201-500 employeeshospital & health care

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$151.2M

+2.6% from 2019

Total participants

412

-1.7% from 2019

Average account balance

$435,780

+3.8% from 2019

Annual return

12.23%

-10.22 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$200.05M

Not enough data

1 years with asset history on file

Average account balance

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

$493K

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.

406

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.

72.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+15.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$985

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 7 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.1 year Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$166,973
EQUITABLE ADVISORS LLC1 year Filed as: EQUITABLE ADVISORS Service code 28 · EIN 13-4071393	Investment Management	$85,833
AXA EQUITABLE LIFE INSURANCE CO5 years Filed as: AXA DISTRIBUTION HOLDING CORP Service code 28 · EIN 13-4078005	Investment Management	$31,143
MB LEVIS & ASSOCIATES LLC6+ years Service code 26 · EIN 45-5079551	Advisory (Participants)	$13,406
INDEPENDENCE ADVISORS LLC6+ years Service code 26 · EIN 27-2262116	Advisory (Participants)	$9,513
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO.INC Service code 33 · EIN 94-1737782	Other investment fees and expenses; S...	$2,295
CHARLES SCHWAB & CO., INC.6+ years Filed as: CHARLES SCHWAB & CO AFFILIATES Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

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.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$311K

$837 / participant

Investment mgmt$144K46.4%
Other / not subdivided$167K53.6%

% of EOY assets

0.206%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GPCD PARTNERS, LLC
Auditor EIN: 203271196
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$435,780

$52,293+733.3%

$178,499+144.1%

$73,412+493.6%

Participation rate

82.5%

65.3%+17.2pp

81.9%+0.6pp

72.2%+10.4pp

Annual return

12.23%

34.75%-22.5pp

151.10%-138.9pp

59.30%-47.1pp

Employer contribution / active EE

$14,599

$1,735+741.3%

$5,011+191.3%

$2,234+553.6%

Participant deferral / active EE

$12,869

$2,332+451.8%

$5,202+147.4%

$3,806+238.1%

Admin fee / account holder

$897

$127+604.2%

$13,986-93.6%

$158+468.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.1 year

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$166,973

EQUITABLE ADVISORS LLC1 year

Filed as: EQUITABLE ADVISORS

Service code 28 · EIN 13-4071393

Investment Management

$85,833

AXA EQUITABLE LIFE INSURANCE CO5 years

Filed as: AXA DISTRIBUTION HOLDING CORP

Service code 28 · EIN 13-4078005

Investment Management

$31,143

MB LEVIS & ASSOCIATES LLC6+ years

Service code 26 · EIN 45-5079551

Advisory (Participants)

$13,406

INDEPENDENCE ADVISORS LLC6+ years

Service code 26 · EIN 27-2262116

Advisory (Participants)

$9,513

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB & CO.INC

Service code 33 · EIN 94-1737782

Other investment fees and expenses; S...

$2,295

CHARLES SCHWAB & CO., INC.6+ years

Filed as: CHARLES SCHWAB & CO AFFILIATES

Service code 59

Shareholder Servicing

UNITED ANESTHESIA SERVICES, P.C. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED ANESTHESIA SERVICES, P.C. 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