Retirement plan

APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A. 401(K) PLAN

Name: APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A. - APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A. 401(K) PLAN (2017) Form 5500
Creator: APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A. 401(K) PLAN, APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A.

APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A.EIN 27-2760781Plan #001PY 2017

600 E. TAYLOR ST., SUITE 4011 - SHERMAN, TX 75090903-893-0298LinkedIn11-50 employeesmental health care

Prospect flagsHigh feesLow participationLow assets / participant

How to read this page

Total assets (EOY)

$48K

No prior year

Total participants

No prior year

Average account balance

$24,250

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 106,905 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,905 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$576K

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

70.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$49

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 codes2E2F2G2J3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$661 / participant

Other / not subdivided$2K100.0%

% of EOY assets

4.091%

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

$24,250

$198,462-87.8%

$170,439-85.8%

$147,585-83.6%

Participation rate

66.7%

88.0%-21.3pp

83.6%-16.9pp

82.8%-16.2pp

Annual return

0.00%

257.30%-257.3pp

205.94%-205.9pp

578.58%-578.6pp

Employer contribution / active EE

$2,793

$6,184-54.8%

$5,433-48.6%

$4,876-42.7%

Participant deferral / active EE

$12,824

$5,629+127.8%

$4,939+159.6%

$5,439+135.8%

Admin fee / account holder

$992

$16,852-94.1%

$13,881-92.9%

$10,886-90.9%

APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APPLIED PSYCHOLOGY GROUP OF TEXOMA, P.A. 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