Retirement plan

WESTMORELAND EMERGENCY MEDICINE SPECIALIST 401(K) PROFIT SHARING PLAN

Name: WESTMORELAND EMERGENCY MEDICINE SPECIALIST - WESTMORELAND EMERGENCY MEDICINE SPECIALIST 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: WESTMORELAND EMERGENCY MEDICINE SPECIALIST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WESTMORELAND EMERGENCY MEDICINE SPECIALIST 401(K) PROFIT SHARING PLAN, WESTMORELAND EMERGENCY MEDICINE SPECIALIST

WESTMORELAND EMERGENCY MEDICINE SPECIALISTEIN 25-1655176Plan #001PY 2018

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)

$32M

-6.9% from 2017

Total participants

+3.6% from 2017

Average account balance

$582,148

-5.2% from 2017

Annual return

-3.59%

-20.45 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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 codes2E2G2J2T3D

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.
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

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

$3.0M

$71996 / participant

Other / not subdivided$3M100.0%

% of EOY assets

9.219%

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

$582,148

$75,962+666.4%

$154,111+277.7%

$64,173+807.2%

Participation rate

92.7%

70.4%+22.3pp

83.0%+9.6pp

69.6%+23.1pp

Annual return

-3.59%

30.32%-33.9pp

735.18%-738.8pp

7.63%-11.2pp

Employer contribution / active EE

$25,460

$3,350+660.0%

$5,298+380.6%

$2,381+969.4%

Participant deferral / active EE

$17,414

$3,175+448.5%

$5,081+242.8%

$3,470+401.9%

Admin fee / account holder

$53,670

$5,589+860.3%

$13,411+300.2%

$4,887+998.1%

WESTMORELAND EMERGENCY MEDICINE SPECIALIST 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WESTMORELAND EMERGENCY MEDICINE SPECIALIST 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