Retirement plan

ANESTHESIA PRACTICE CONSULTANTS, P.C. SAVINGS AND RETIREMENT PLAN

Name: ANESTHESIA PRACTICE CONSULTANTS, P.C. - ANESTHESIA PRACTICE CONSULTANTS, P.C. SAVINGS AND RETIREMENT PLAN (2016) Form 5500
Creator: ANESTHESIA PRACTICE CONSULTANTS, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANESTHESIA PRACTICE CONSULTANTS, P.C. SAVINGS AND RETIREMENT PLAN, ANESTHESIA PRACTICE CONSULTANTS, P.C.

ANESTHESIA PRACTICE CONSULTANTS, P.C.EIN 27-5332559Plan #001PY 2016

3333 EVERGREEN DRIVE NE, SUITE 100 - GRAND RAPIDS, MI 49525616-364-4200apcpc.netLinkedIn201-500 employeeshospital & health care

Other plans on this EIN

1 filing

#005Retirement-$15.4M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$88.1M

+15.1% from 2015

Total participants

208

+3.5% from 2015

Average account balance

$423,384

+11.2% from 2015

Annual return

9.39%

+10.64 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$188.02M

Not enough data

1 years with asset history on file

Average account balance

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

$589K

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.

319

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$44K

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

+14.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$647

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

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

Service providers

Top 6 by compensation

Provider	Service type	Compensation
FIFTH THIRD BANK RETIREMENT SERVICE2+ years Service code 64 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263	Recordkeeping Fees	$40,587
LAFLEUR & GODFREY LLC2+ years Service code 27 2900 CHARLEVOIX DR STE 302 · GRAND RAPIDS, MI 49546	Advisory (Plan)	$10,241
CORTLAND ASSOCIATES2+ years Filed as: CORTLAND ASSOCIATES INC Service code 27 8000 MARYLAND AVE STE 730 · ST LOUIS, MO 63105	Advisory (Plan)	$3,790
TD AMERITRADE, INC.2+ years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$2,987
HENRICKSON NAUTA WEALTH ADVISORS2+ years Filed as: HENRICKSON NAUTA WEALTH ADVISORS IN Service code 27 6290 JUPITER AVE STE B · BELMONT, MI 49306	Advisory (Plan)	$2,603
CENTENNIAL SECURITIES2+ years Filed as: CENTENNIAL SECURITIES CO LLC Service code 27 3075 CHARLEVOIX DR SE · GRAND RAPIDS, MI 49546	Advisory (Plan)	$790

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$67K

$350 / participant

Contract admin$67K100.0%

% of EOY assets

0.076%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MONROE SWEERIS & TROMP PLC
Auditor EIN: 382621598
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$423,384

$46,732+806.0%

$156,552+170.4%

$55,167+667.5%

Participation rate

100.0%

65.8%+34.2pp

84.0%+16.0pp

69.0%+31.0pp

Annual return

9.39%

17.72%-8.3pp

32.23%-22.8pp

169.23%-159.8pp

Employer contribution / active EE

$25,087

$2,105+1091.7%

$5,501+356.0%

$1,963+1178.2%

Participant deferral / active EE

$12,427

$2,204+463.8%

$4,871+155.1%

$3,054+306.9%

Admin fee / account holder

$324

$418-22.7%

$13,028-97.5%

$504-35.8%

Provider

Service type

Compensation

FIFTH THIRD BANK RETIREMENT SERVICE2+ years

Service code 64

38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263

Recordkeeping Fees

$40,587

LAFLEUR & GODFREY LLC2+ years

Service code 27

2900 CHARLEVOIX DR STE 302 · GRAND RAPIDS, MI 49546

Advisory (Plan)

$10,241

CORTLAND ASSOCIATES2+ years

Filed as: CORTLAND ASSOCIATES INC

Service code 27

8000 MARYLAND AVE STE 730 · ST LOUIS, MO 63105

Advisory (Plan)

$3,790

TD AMERITRADE, INC.2+ years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$2,987

HENRICKSON NAUTA WEALTH ADVISORS2+ years

Filed as: HENRICKSON NAUTA WEALTH ADVISORS IN

Service code 27

6290 JUPITER AVE STE B · BELMONT, MI 49306

Advisory (Plan)

$2,603

CENTENNIAL SECURITIES2+ years

Filed as: CENTENNIAL SECURITIES CO LLC

Service code 27

3075 CHARLEVOIX DR SE · GRAND RAPIDS, MI 49546

Advisory (Plan)

$790

ANESTHESIA PRACTICE CONSULTANTS, P.C. SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANESTHESIA PRACTICE CONSULTANTS, P.C. SAVINGS AND RETIREMENT 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