Retirement plan

OB-GYN ASSOCIATES OF ERIE 401(K) PROFIT SHARING PLAN

Name: OB-GYN ASSOCIATES OF ERIE, P.C. - OB-GYN ASSOCIATES OF ERIE 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: OB-GYN ASSOCIATES OF ERIE, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OB-GYN ASSOCIATES OF ERIE 401(K) PROFIT SHARING PLAN, OB-GYN ASSOCIATES OF ERIE, P.C.

OB-GYN ASSOCIATES OF ERIE, P.C.EIN 25-1653555Plan #003PY 2017

100 PEACH STREET, SUITE 300 - ERIE, PA 16507814-459-1851

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.9M

+10.8% from 2016

Total participants

138

+3.8% from 2016

Average account balance

$100,371

+6.7% from 2016

Annual return

13.33%

+3.73 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

$17.41M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

248

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$443

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 6 by compensation

Provider	Service type	Compensation
OB-GYN ASSOCIATES OF ERIE, P.C.1 year Service code 99 · EIN 25-1653555 100 PEACH STREET · ERIE, PA 16507	Other Fees	$10,500
MERRILL LYNCH PIERCE FENNER & SMITH2 years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 26 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Advisory (Participants)	$7,408
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Service code 27 1801 CALIFORNIA STREET · DENVER, CO 80202	Advisory (Plan)	$3,473
DUNBAR, BENDER & ZAPF, INC.1 year Service code 13 · EIN 25-1650062 437 GRANT STREET · PITTSBURGH, PA 15219	Contract Administrator	$1,050
SCHAFFNER, KNIGHT, MINNAUGH & CO1 year Service code 10 1545 WEST 38TH STREET · ERIE, PA 16508	Accounting	$1,000
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$519

Plan features & details

Pension benefit codes2E2K2G2J2T3D2R

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$25K

$250 / participant

Other / not subdivided$25K100.0%

% of EOY assets

0.182%

all-in expense ratio

Categories reported

0 / 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: SCHAFFNER, KNIGHT, MINNAUGH & CO.
Auditor EIN: 251690617
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,371

$55,453+81.0%

$170,435-41.1%

$62,293+61.1%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

13.33%

21.38%-8.0pp

205.94%-192.6pp

28.90%-15.6pp

Employer contribution / active EE

$3,942

$2,164+82.2%

$5,432-27.4%

$2,042+93.0%

Participant deferral / active EE

$5,088

$2,303+120.9%

$4,939+3.0%

$3,169+60.5%

Admin fee / account holder

$183

$455-59.8%

$13,881-98.7%

$479-61.9%

Provider

Service type

Compensation

OB-GYN ASSOCIATES OF ERIE, P.C.1 year

Service code 99 · EIN 25-1653555

100 PEACH STREET · ERIE, PA 16507

Other Fees

$10,500

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 26 · EIN 13-5674085

4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Advisory (Participants)

$7,408

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Service code 27

1801 CALIFORNIA STREET · DENVER, CO 80202

Advisory (Plan)

$3,473

DUNBAR, BENDER & ZAPF, INC.1 year

Service code 13 · EIN 25-1650062

437 GRANT STREET · PITTSBURGH, PA 15219

Contract Administrator

$1,050

SCHAFFNER, KNIGHT, MINNAUGH & CO1 year

Service code 10

1545 WEST 38TH STREET · ERIE, PA 16508

Accounting

$1,000

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$519

OB-GYN ASSOCIATES OF ERIE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OB-GYN ASSOCIATES OF ERIE 401(K) 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