Retirement plan

SURGICAL SPECIALTY CENTER OF BATON ROUGE, ROUGE, LLC 401(K) PLAN

Name: SURGICAL SPECIALTY CENTER OF BATON ROUGE, LLC - SURGICAL SPECIALTY CENTER OF BATON ROUGE, ROUGE, LLC 401(K) PLAN (2015) Form 5500
Creator: SURGICAL SPECIALTY CENTER OF BATON ROUGE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SURGICAL SPECIALTY CENTER OF BATON ROUGE, ROUGE, LLC 401(K) PLAN, SURGICAL SPECIALTY CENTER OF BATON ROUGE, LLC

SURGICAL SPECIALTY CENTER OF BATON ROUGE, LLCEIN 26-3120962Plan #001PY 2015

8080 BLUEBONNET BLVD - BATON ROUGE, LA 70810225-408-5554sscbr.comLinkedIn51-200 employeeshospital & health care

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$2.9M

No prior year

Total participants

200

No prior year

Average account balance

$25,263

No prior year

Annual return

-2.11%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.41M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

167

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.

69.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$666K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$29,815
CETERA ADVISOR NETWORKS LLC1+ years Filed as: CETERA ADVISORS Service code 63	12b-1 Fees	$14,212
SENTINEL PENSION LLC1+ years Filed as: SENTINEL PENSION, LLC Service code 10 6811 JEFFERSON HWY · BATON ROUGE, LA 70806	Accounting	$4,704
SENTINEL PENSION LLC1+ years Service code 65	Account Maintenance	$1,981
CETERA ADVISOR NETWORKS LLC1+ years Filed as: CETERA ADVISORS, LLC Service code 26 4600 S. SYRACUSE ST · DENVER, CO 80237	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$6K

$37 / participant

Investment mgmt$4K58.2%
Contract admin$3K41.8%

% of EOY assets

0.221%

all-in expense ratio

Categories reported

2 / 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: POSTLETHWAITE & NETTERVILLE
Auditor EIN: 721202445
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,263

$46,360-45.5%

$147,617-82.9%

$52,331-51.7%

Participation rate

52.3%

64.9%-12.7pp

84.6%-32.3pp

68.1%-15.8pp

Annual return

-2.11%

1.62%-3.7pp

61.98%-64.1pp

4.54%-6.6pp

Employer contribution / active EE

$300

$2,126-85.9%

$5,565-94.6%

$1,882-84.1%

Participant deferral / active EE

$1,701

$2,258-24.6%

$4,895-65.2%

$3,022-43.7%

Admin fee / account holder

$56

$766-92.7%

$11,611-99.5%

$592-90.6%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$29,815

CETERA ADVISOR NETWORKS LLC1+ years

Filed as: CETERA ADVISORS

Service code 63

12b-1 Fees

$14,212

SENTINEL PENSION LLC1+ years

Filed as: SENTINEL PENSION, LLC

Service code 10

6811 JEFFERSON HWY · BATON ROUGE, LA 70806

Accounting

$4,704

SENTINEL PENSION LLC1+ years

Service code 65

Account Maintenance

$1,981

CETERA ADVISOR NETWORKS LLC1+ years

Filed as: CETERA ADVISORS, LLC

Service code 26

4600 S. SYRACUSE ST · DENVER, CO 80237

Advisory (Participants)

SURGICAL SPECIALTY CENTER OF BATON ROUGE, ROUGE, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SURGICAL SPECIALTY CENTER OF BATON ROUGE, ROUGE, LLC 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