Retirement plan

QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC. PROFIT SHARING & 401(K) PLAN

Name: QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC. - QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC. PROFIT SHARING & 401(K) PLAN (2016) Form 5500
Creator: QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC. PROFIT SHARING & 401(K) PLAN, QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC.

QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC.EIN 25-1792806Plan #002PY 2016

629D LOWTHER ROAD - LEWISBERRY, PA 17339717-938-2765qita.comLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$30M

+15.6% from 2015

Total participants

105

+6.1% from 2015

Average account balance

$285,278

+9.0% from 2015

Annual return

8.15%

+8.04 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

$75.49M

Not enough data

1 years with asset history on file

Average account balance

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

$543K

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.

139

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$40K

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

+18.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-125

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Filed as: FIDELITY INVTMTS INST OPERATIONS CO Service code 37 · EIN 04-2647786	Loan Processing	$3,911
INTERNAL REVENUE SERVICE1 year Service code 50 · EIN 61-1785722	Direct Payment	$2,870
STRATEGIC ADVISORS, INC.2+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$488

Plan features & details

Pension benefit codes2E2G2J2K2R2T3D

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

2 tripped

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$5K

$59 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.018%

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: CATANESE GROUP
Auditor EIN: 251685380
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$285,278

$77,638+267.4%

$156,551+82.2%

$62,881+353.7%

Participation rate

100.0%

71.2%+28.8pp

84.0%+16.0pp

69.3%+30.7pp

Annual return

8.15%

50.33%-42.2pp

32.23%-24.1pp

20.14%-12.0pp

Employer contribution / active EE

$18,921

$3,444+449.4%

$5,501+243.9%

$2,281+729.6%

Participant deferral / active EE

$8,937

$3,046+193.4%

$4,871+83.5%

$3,203+179.0%

Admin fee / account holder

$51

$5,561-99.1%

$13,028-99.6%

$4,296-98.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Filed as: FIDELITY INVTMTS INST OPERATIONS CO

Service code 37 · EIN 04-2647786

Loan Processing

$3,911

INTERNAL REVENUE SERVICE1 year

Service code 50 · EIN 61-1785722

Direct Payment

$2,870

STRATEGIC ADVISORS, INC.2+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$488

QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC. PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUANTUM IMAGING & THERAPEUTIC ASSOCIATES, INC. PROFIT SHARING & 401(K) 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