Retirement plan

CHARLES K. MORRIS, MD, FACC, INC. 401(K) PLAN

Name: CHARLES K. MORRIS, MD, FACC, INC. - CHARLES K. MORRIS, MD, FACC, INC. 401(K) PLAN (2017) Form 5500
Creator: CHARLES K. MORRIS, MD, FACC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARLES K. MORRIS, MD, FACC, INC. 401(K) PLAN, CHARLES K. MORRIS, MD, FACC, INC.

CHARLES K. MORRIS, MD, FACC, INC.EIN 27-4371423Plan #001PY 2017

2100 WEBSTER STREET, SUITE 521 - SAN FRANCISCO, CA 94115415-885-8650LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$335K assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$551K

+33.1% from 2016

Total participants

0.0% from 2016

Average account balance

$183,580

+33.1% from 2016

Annual return

20.45%

+15.10 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.45M

Not enough data

1 years with asset history on file

Average account balance

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

$242K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$81K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6014

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$1221 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.665%

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

$183,580

$198,457-7.5%

$170,435+7.7%

$147,586+24.4%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

20.45%

257.30%-236.9pp

205.94%-185.5pp

578.59%-558.1pp

Employer contribution / active EE

$8,609

$6,183+39.2%

$5,432+58.5%

$4,876+76.5%

Participant deferral / active EE

$8,800

$5,629+56.3%

$4,939+78.2%

$5,439+61.8%

Admin fee / account holder

$1,221

$16,852-92.8%

$13,881-91.2%

$10,886-88.8%

CHARLES K. MORRIS, MD, FACC, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARLES K. MORRIS, MD, FACC, INC. 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