Retirement plan

FOOT AND ANKLE PAIN CLINIC 401(K) PLAN

Name: FOOT AND ANKLE PAIN CLINIC 401(K) PLAN - FOOT AND ANKLE PAIN CLINIC 401(K) PLAN (2019) Form 5500
Creator: FOOT AND ANKLE PAIN CLINIC 401(K) PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOOT AND ANKLE PAIN CLINIC 401(K) PLAN, FOOT AND ANKLE PAIN CLINIC 401(K) PLAN

FOOT AND ANKLE PAIN CLINIC 401(K) PLANEIN 27-3940248Plan #001PY 2019

2075 INDIANAPOLIS BLVD - WHITING, IN 46394219-629-2846

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$354K

+55.4% from 2018

Total participants

+100.0% from 2018

Average account balance

$50,570

-11.2% from 2018

Annual return

29.06%

+29.06 pp from 2018

Benchmarks

See 104,312 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.17M

Not enough data

1 years with asset history on file

Average account balance

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

$233K

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.

55.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

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

+15.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2502

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 codes2B2G2J3B3D

Plan features

2B
Target benefit plan
Defined contribution plan whose contribution formula is designed to fund a targeted benefit at retirement.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$4K

$375 / participant

Other / not subdivided$4K100.0%

% of EOY assets

1.059%

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

$50,570

$202,345-75.0%

$172,755-70.7%

$152,885-66.9%

Participation rate

70.0%

87.1%-17.1pp

82.6%-12.6pp

82.5%-12.5pp

Annual return

29.06%

1029.77%-1000.7pp

802.94%-773.9pp

345.39%-316.3pp

Employer contribution / active EE

$1,166

$5,858-80.1%

$5,144-77.3%

$4,763-75.5%

Participant deferral / active EE

$4,842

$5,948-18.6%

$5,198-6.8%

$5,851-17.2%

Admin fee / account holder

$536

$17,111-96.9%

$13,955-96.2%

$11,598-95.4%

FOOT AND ANKLE PAIN CLINIC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOOT AND ANKLE PAIN CLINIC 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