Retirement plan

ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 401(K) PLAN

Name: ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. - ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 401(K) PLAN (2019) Form 5500
Creator: ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 401(K) PLAN, ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC.

ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC.EIN 25-1836154Plan #001PY 2019

875 POPLAR CHURCH RD. , STE 320 - CAMP HILL, PA 17011717-763-7400askaop.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$9.9M

+32.5% from 2018

Total participants

+3.3% from 2018

Average account balance

$159,728

+23.9% from 2018

Annual return

25.68%

+33.38 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.32M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

190.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$640K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+13.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$35594

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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$150K

$3418 / participant

Other / not subdivided$150K100.0%

% of EOY assets

1.519%

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

$159,728

$85,169+87.5%

$172,755-7.5%

$72,983+118.9%

Participation rate

97.7%

70.1%+27.7pp

82.6%+15.1pp

69.5%+28.2pp

Annual return

25.68%

27.32%-1.6pp

802.94%-777.3pp

81.01%-55.3pp

Employer contribution / active EE

$8,259

$3,324+148.5%

$5,144+60.5%

$2,440+238.5%

Participant deferral / active EE

$5,920

$3,260+81.6%

$5,198+13.9%

$3,608+64.1%

Admin fee / account holder

$2,426

$5,880-58.7%

$13,955-82.6%

$5,124-52.7%

ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIATED OTOLARYNGOLOGISTS OF PA, INC. 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