Retirement plan

LAUREL EYE CLINIC GROUP RETIREMENT PLAN AND TRUST AGREEMENT

Name: LAUREL EYE CLINIC GROUP - LAUREL EYE CLINIC GROUP RETIREMENT PLAN AND TRUST AGREEMENT (2016) Form 5500
Creator: LAUREL EYE CLINIC GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAUREL EYE CLINIC GROUP RETIREMENT PLAN AND TRUST AGREEMENT, LAUREL EYE CLINIC GROUP

LAUREL EYE CLINIC GROUPEIN 25-1375158Plan #002PY 2016

50 WATERFORD PIKE - BROOKVILLE, PA 158252518814-849-8344laureleye.comLinkedIn51-200 employeesmedical practice

Prospect flagsRecently reached 100 employees

How to read this page

Total assets (EOY)

$9.8M

-4.9% from 2015

Total participants

125

+10.6% from 2015

Average account balance

$79,952

No prior year

Annual return

6.09%

+7.28 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.07M

Not enough data

1 years with asset history on file

Average account balance

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

$116K

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.

138

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$510K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$496

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 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION2+ years Filed as: LINCOLN INVESTMENT PLANNING, INC. Service code 55 218 GLENSIDE AVENUE · WYNCOTE, PA 190951595	Other Commissions	$29,168
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: VIOLA RETIREMENT PLAN SERVICES, LLC Service code 13	Contract Administrator	$4,001
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$3,831

Plan features & details

Pension benefit codes2A2E2G2J2R3B3D3H

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$17K

$162 / participant

Investment mgmt$17K100.0%

% of EOY assets

0.175%

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: LALLY & CO.
Auditor EIN: 251846963
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,952

$46,732+71.1%

$156,551-48.9%

$55,167+44.9%

Participation rate

98.1%

65.8%+32.3pp

84.0%+14.1pp

69.0%+29.1pp

Annual return

6.09%

17.72%-11.6pp

32.23%-26.1pp

169.23%-163.1pp

Employer contribution / active EE

$1,020

$2,105-51.5%

$5,501-81.5%

$1,963-48.0%

Participant deferral / active EE

$2,843

$2,204+29.0%

$4,871-41.6%

$3,054-6.9%

Admin fee / account holder

$140

$418-66.6%

$13,028-98.9%

$504-72.3%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION2+ years

Filed as: LINCOLN INVESTMENT PLANNING, INC.

Service code 55

218 GLENSIDE AVENUE · WYNCOTE, PA 190951595

Other Commissions

$29,168

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: VIOLA RETIREMENT PLAN SERVICES, LLC

Service code 13

Contract Administrator

$4,001

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$3,831

LAUREL EYE CLINIC GROUP RETIREMENT PLAN AND TRUST AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAUREL EYE CLINIC GROUP RETIREMENT PLAN AND TRUST AGREEMENT

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