Retirement plan

GASTRO FLORIDA 401K PLAN

Name: WEST CENTRAL GASTROENTEROLOGY, LLP - GASTRO FLORIDA 401K PLAN (2017) Form 5500
Creator: WEST CENTRAL GASTROENTEROLOGY, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GASTRO FLORIDA 401K PLAN, WEST CENTRAL GASTROENTEROLOGY, LLP

WEST CENTRAL GASTROENTEROLOGY, LLPEIN 26-4471084Plan #001PY 2017

3001 EXECUTIVE DRIVE, SUITE 130 - ST. PETERSBURG, FL 33762727-347-0536LinkedIn1-10 employeeshospital & health care

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.1M

+34.7% from 2016

Total participants

149

+7.2% from 2016

Average account balance

$81,332

+25.6% from 2016

Annual return

17.98%

+6.34 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$30.09M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

256

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+15.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$338

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

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Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
AMERICAN PORTFOLIOS FINANCIAL3+ years Filed as: AMERICAN PORTFOLIOS ADVISORS, INC Service code 27 4250 VETERANS MEMORIAL HWY · HOLBROOK, NY 11741	Advisory (Plan)	$35,483
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$9,902
PENSION ASSURANCE LLP1 year Filed as: KB PENSION SERVICES Service code 13 9423 TOWN CENTER PKWY · LAKEWOOD RANCH, FL 34202	Contract Administrator	$7,279

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$47K

$367 / participant

Contract admin$47K100.0%

% of EOY assets

0.388%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SPOOR BUNCH FRANZ
Auditor EIN: 364818378
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,332

$55,453+46.7%

$170,442-52.3%

$62,292+30.6%

Participation rate

100.0%

66.4%+33.6pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

17.98%

21.38%-3.4pp

205.93%-188.0pp

28.90%-10.9pp

Employer contribution / active EE

$8,460

$2,164+291.0%

$5,433+55.7%

$2,042+314.2%

Participant deferral / active EE

$6,366

$2,303+176.4%

$4,939+28.9%

$3,169+100.9%

Admin fee / account holder

$315

$455-30.7%

$13,880-97.7%

$479-34.2%

Provider

Service type

Compensation

AMERICAN PORTFOLIOS FINANCIAL3+ years

Filed as: AMERICAN PORTFOLIOS ADVISORS, INC

Service code 27

4250 VETERANS MEMORIAL HWY · HOLBROOK, NY 11741

Advisory (Plan)

$35,483

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$9,902

PENSION ASSURANCE LLP1 year

Filed as: KB PENSION SERVICES

Service code 13

9423 TOWN CENTER PKWY · LAKEWOOD RANCH, FL 34202

Contract Administrator

$7,279

GASTRO FLORIDA 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GASTRO FLORIDA 401K 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