Retirement plan

GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, P.A. 401(K) PLAN

Name: GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, PA - GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, P.A. 401(K) PLAN (2018) Form 5500
Creator: GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, PA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, P.A. 401(K) PLAN, GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, PA

GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, PAEIN 27-1269714Plan #001PY 2018

726 SW 137TH WAY - NEWBERRY, FL 32669407-267-4912LinkedIn51-200 employeeshospital & health care

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.9M

+6.0% from 2017

Total participants

+12.5% from 2017

Average account balance

$33,424

-1.4% from 2017

Annual return

-5.68%

-25.02 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.35M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

115.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+498.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7053

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 codes2E3D2G2J2F2T

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$33,424

$75,962-56.0%

$154,108-78.3%

$64,173-47.9%

Participation rate

89.1%

70.4%+18.7pp

83.0%+6.1pp

69.6%+19.5pp

Annual return

-5.68%

30.32%-36.0pp

735.21%-740.9pp

7.63%-13.3pp

Employer contribution / active EE

$70

$3,350-97.9%

$5,298-98.7%

$2,381-97.0%

Participant deferral / active EE

$3,762

$3,175+18.5%

$5,081-26.0%

$3,470+8.4%

Admin fee / account holder

$5,589-100.0%

$13,411-100.0%

$4,887-100.0%

GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GAINESVILLE EMERGENCY MEDICAL ASSOCIATES, P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion