Retirement plan

WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C. 401(K) PROFIT SHARING PLAN

Name: WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C. - WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C. 401(K) PROFIT SHARING PLAN, WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C.

WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C.EIN 25-1655176Plan #001PY 2016

532 WEST PITTSBURGH STREET - GREENSBURG, PA 15601724-832-4626LinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$28.2M

+13.3% from 2015

Total participants

0.0% from 2015

Average account balance

$522,150

+13.3% from 2015

Annual return

6.84%

+7.74 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.79M

Not enough data

1 years with asset history on file

Average account balance

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

$734K

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.

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.

132.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$39K

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

+12.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$43304

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

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.
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

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$129K

$3311 / participant

Other / not subdivided$129K100.0%

% of EOY assets

0.458%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$522,150

$77,638+572.5%

$156,551+233.5%

$62,881+730.4%

Participation rate

100.0%

71.2%+28.8pp

84.0%+16.0pp

69.3%+30.7pp

Annual return

6.84%

50.33%-43.5pp

32.23%-25.4pp

20.14%-13.3pp

Employer contribution / active EE

$26,429

$3,444+667.4%

$5,501+380.4%

$2,281+1058.7%

Participant deferral / active EE

$17,847

$3,046+486.0%

$4,871+266.4%

$3,203+457.2%

Admin fee / account holder

$2,391

$5,561-57.0%

$13,028-81.6%

$4,296-44.3%

WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTMORELAND EMERGENCY MEDICINE SPECIALISTS, P.C. 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