Retirement plan

ELIZABETH WENDE BREAST CARE, LLC 401(K) PROFIT SHARING PLAN

Name: ELIZABETH WENDE BREAST CARE, LLC - ELIZABETH WENDE BREAST CARE, LLC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: ELIZABETH WENDE BREAST CARE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELIZABETH WENDE BREAST CARE, LLC 401(K) PROFIT SHARING PLAN, ELIZABETH WENDE BREAST CARE, LLC

ELIZABETH WENDE BREAST CARE, LLCEIN 26-1124473Plan #001PY 2016

170 SAWGRASS DRIVE - ROCHESTER, NY 14620585-758-7003ewbc.comLinkedIn51-200 employeeshospital & health care

Other plans on this EIN

1 filing

#003Retirement-$3.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$19M

+10.0% from 2015

Total participants

146

+9.0% from 2015

Average account balance

$135,387

+4.5% from 2015

Annual return

7.32%

+8.49 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.87M

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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.

170

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.

84.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$637

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 2 by compensation

Provider	Service type	Compensation
THE WATERFORD GROUP LLC2+ years Service code 27 · EIN 80-0675279	Advisory (Plan)	$88,030
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$1,756

Plan features & details

Pension benefit codes2F2G2J2S2T3D2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$90K

$691 / participant

Other / not subdivided$90K100.0%

% of EOY assets

0.474%

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: MENGEL METZGER BARR & CO. LLP
Auditor EIN: 161092347
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$135,387

$46,732+189.7%

$156,551-13.5%

$55,167+145.4%

Participation rate

95.4%

65.8%+29.6pp

84.0%+11.4pp

69.0%+26.4pp

Annual return

7.32%

17.72%-10.4pp

32.23%-24.9pp

169.23%-161.9pp

Employer contribution / active EE

$5,916

$2,105+181.0%

$5,501+7.5%

$1,963+201.4%

Participant deferral / active EE

$3,739

$2,204+69.6%

$4,871-23.2%

$3,054+22.4%

Admin fee / account holder

$641

$418+53.3%

$13,028-95.1%

$504+27.3%

Provider

Service type

Compensation

THE WATERFORD GROUP LLC2+ years

Service code 27 · EIN 80-0675279

Advisory (Plan)

$88,030

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$1,756

ELIZABETH WENDE BREAST CARE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELIZABETH WENDE BREAST CARE, LLC 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