Retirement plan

UNIVERSITY OF LOUISVILLE PHYSICIANS, INC. PROFIT SHARING PLAN

Name: UNIVERSITY OF LOUISVILLE PHYSICIANS, INC. - UNIVERSITY OF LOUISVILLE PHYSICIANS, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: UNIVERSITY OF LOUISVILLE PHYSICIANS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSITY OF LOUISVILLE PHYSICIANS, INC. PROFIT SHARING PLAN, UNIVERSITY OF LOUISVILLE PHYSICIANS, INC.

UNIVERSITY OF LOUISVILLE PHYSICIANS, INC.EIN 27-3645560Plan #002PY 2024

300 EAST MARKET STREET, SUITE 400 - LOUISVILLE, KY 40202502-588-0476LinkedIn1-10 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$111.3M assets

Prospect flagsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed October 24, 2011

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$161M

+42.2% from 2023

Total participants

3,707

+6.6% from 2023

Average account balance

$48,769

+25.1% from 2023

Annual return

26.69%

+3.22 pp from 2023

Benchmarks

See 1,436 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,436 peers

Snapshot2024

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

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$160.99M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

3,301

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.

87.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+26.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$51

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

See the 9-year trajectory. $4.99 for your first month.

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

Start for $4.99 See plans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070	Contract Administrator	$157,811
STEGNER INVESTMENT ASSOCIATES1 year Service code 26 · EIN 61-1253247	Advisory (Participants)	$9,016

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D2R2S3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$167K

$52 / participant

Contract admin$167K100.0%

% of EOY assets

0.104%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BLUE & CO., LLC
Auditor EIN: 351178661
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,769

$53,136-8.2%

$155,509-68.6%

$199,593-75.6%

Participation rate

87.4%

64.1%+23.4pp

78.2%+9.3pp

72.0%+15.5pp

Annual return

26.69%

41.15%-14.5pp

64.67%-38.0pp

34.25%-7.6pp

Employer contribution / active EE

$2,562

$1,851+38.4%

$4,672-45.2%

$3,034-15.6%

Participant deferral / active EE

$5,203

$3,161+64.6%

$5,626-7.5%

$5,087+2.3%

Admin fee / account holder

$51

$185-72.7%

$15,912-99.7%

$269-81.2%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION3 years

Service code 13 · EIN 35-1140070

Contract Administrator

$157,811

STEGNER INVESTMENT ASSOCIATES1 year

Service code 26 · EIN 61-1253247

Advisory (Participants)

$9,016

UNIVERSITY OF LOUISVILLE PHYSICIANS, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSITY OF LOUISVILLE PHYSICIANS, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

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