Retirement plan

PHYSICIANS PHARMACY DIRECTION RETIREMENT PLAN FOR SELF-EMPLOYED

Name: BLACKBURN'S PHYSICIANS PHARMACY, INC. - PHYSICIANS PHARMACY DIRECTION RETIREMENT PLAN FOR SELF-EMPLOYED (2016) Form 5500
Creator: BLACKBURN'S PHYSICIANS PHARMACY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHYSICIANS PHARMACY DIRECTION RETIREMENT PLAN FOR SELF-EMPLOYED, BLACKBURN'S PHYSICIANS PHARMACY, INC.

BLACKBURN'S PHYSICIANS PHARMACY, INC.EIN 25-1619077Plan #001PY 2016

301 CORBET STREET - TARENTUM, PA 150841877724-230-3606

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.7M

+10.4% from 2015

Total participants

203

-0.5% from 2015

Average account balance

$69,395

+11.0% from 2015

Annual return

8.90%

+10.02 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$24.64M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

204

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.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$931K

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

+15.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$454

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
METRO BENEFITS, INC.2+ years Service code 17 · EIN 25-1541083 8150 PERRY HIGHWAY · PITTSBURGH, PA 15237	Pension Consulting	$7,735
LALLY & CO., LLC1 year Filed as: LALLY & CO. Service code 10 · EIN 25-1846963 5700 CORPORATE DRIVE · PITTSBURGH, PA 152325851	Accounting	$5,800
AMERICAN FUNDS2+ years Filed as: CAPITAL BANK & TRUST Service code 64 · EIN 95-6817943 PS BOX 6040 · INDIANAPOLIS, IN 462066040	Recordkeeping Fees	$500

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3D

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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$18K

$99 / participant

Investment mgmt$4K21.2%
Other / not subdivided$14K78.8%

% of EOY assets

0.140%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: LALLY & CO., LLC
Auditor EIN: 251846963
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,395

$42,546+63.1%

$71,796-3.3%

$55,167+25.8%

Participation rate

88.9%

59.1%+29.8pp

69.1%+19.8pp

69.0%+19.9pp

Annual return

8.90%

12.36%-3.5pp

78.04%-69.1pp

169.23%-160.3pp

Employer contribution / active EE

$1,944

$803+142.0%

$1,924+1.0%

$1,963-0.9%

Participant deferral / active EE

$1,699

$2,064-17.7%

$2,794-39.2%

$3,054-44.4%

Admin fee / account holder

$97

$650-85.0%

$4,815-98.0%

$504-80.7%

Provider

Service type

Compensation

METRO BENEFITS, INC.2+ years

Service code 17 · EIN 25-1541083

8150 PERRY HIGHWAY · PITTSBURGH, PA 15237

Pension Consulting

$7,735

LALLY & CO., LLC1 year

Filed as: LALLY & CO.

Service code 10 · EIN 25-1846963

5700 CORPORATE DRIVE · PITTSBURGH, PA 152325851

Accounting

$5,800

AMERICAN FUNDS2+ years

Filed as: CAPITAL BANK & TRUST

Service code 64 · EIN 95-6817943

PS BOX 6040 · INDIANAPOLIS, IN 462066040

Recordkeeping Fees

$500

PHYSICIANS PHARMACY DIRECTION RETIREMENT PLAN FOR SELF-EMPLOYED

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHYSICIANS PHARMACY DIRECTION RETIREMENT PLAN FOR SELF-EMPLOYED

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