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 (2017) 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 2017

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$9.8M

-0.4% from 2016

Total participants

134

+7.2% from 2016

Average account balance

$84,402

+5.6% from 2016

Annual return

11.85%

+5.76 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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 4 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION3+ years Filed as: LINCOLN INVESTMENT PLANNING, INC. Service code 55 218 GLENSIDE AVENUE · WYNCOTE, PA 190951595	Other Commissions	$30,237
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: VIOLA RETIREMENT PLAN SERVICES, LLC Service code 13	Contract Administrator	$4,152
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$746
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$613

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$116 / participant

Investment mgmt$12K100.0%

% of EOY assets

0.123%

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

$84,402

$55,453+52.2%

$170,439-50.5%

$62,293+35.5%

Participation rate

82.7%

66.4%+16.3pp

83.6%-0.9pp

69.5%+13.2pp

Annual return

11.85%

21.38%-9.5pp

205.94%-194.1pp

28.90%-17.0pp

Employer contribution / active EE

$2,402

$2,164+11.0%

$5,433-55.8%

$2,042+17.6%

Participant deferral / active EE

$3,026

$2,303+31.4%

$4,939-38.7%

$3,169-4.5%

Admin fee / account holder

$104

$455-77.2%

$13,881-99.3%

$479-78.4%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION3+ years

Filed as: LINCOLN INVESTMENT PLANNING, INC.

Service code 55

218 GLENSIDE AVENUE · WYNCOTE, PA 190951595

Other Commissions

$30,237

EPIC RETIREMENT PLAN SERVICES3+ years

Filed as: VIOLA RETIREMENT PLAN SERVICES, LLC

Service code 13

Contract Administrator

$4,152

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$746

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: GREAT WEST LIFE & ANNUITY INSURANCE

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$613

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