Retirement plan

PARK SLOPE VETERINARY CENTER PROFIT SHARING 401(K) PLAN

Name: PARK SLOPE VETERINARY CENTER - PARK SLOPE VETERINARY CENTER PROFIT SHARING 401(K) PLAN (2016) Form 5500
Creator: PARK SLOPE VETERINARY CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARK SLOPE VETERINARY CENTER PROFIT SHARING 401(K) PLAN, PARK SLOPE VETERINARY CENTER

PARK SLOPE VETERINARY CENTEREIN 27-3044477Plan #001PY 2016

639 4TH AVENUE - BROOKLYN, NY 11215718-369-7387parkslopeveterinarycenter.vetstreet.comLinkedIn1-10 employeesveterinary

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$261K

+46.5% from 2015

Total participants

+37.5% from 2015

Average account balance

$32,683

-8.5% from 2015

Annual return

8.93%

+13.37 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.08M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

362.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$107K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$485

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 codes2E2J2F2G3D

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$406 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.776%

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

$32,683

$135,956-76.0%

$123,894-73.6%

$273,972-88.1%

Participation rate

40.0%

84.1%-44.1pp

81.4%-41.4pp

83.0%-43.0pp

Annual return

8.93%

56.63%-47.7pp

47.52%-38.6pp

41.46%-32.5pp

Employer contribution / active EE

$9,753

$5,170+88.7%

$4,617+111.2%

$4,869+100.3%

Participant deferral / active EE

$3,650

$6,343-42.5%

$5,984-39.0%

$5,287-31.0%

Admin fee / account holder

$254

$9,817-97.4%

$8,357-97.0%

$10,133-97.5%

PARK SLOPE VETERINARY CENTER PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARK SLOPE VETERINARY CENTER PROFIT SHARING 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