Retirement plan

KENTUCKY ANESTHESIA GROUP, PSC 401K RETIREMENT SAVINGS PLAN

Name: KENTUCKY ANESTHESIA GROUP, PSC - KENTUCKY ANESTHESIA GROUP, PSC 401K RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: KENTUCKY ANESTHESIA GROUP, PSC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENTUCKY ANESTHESIA GROUP, PSC 401K RETIREMENT SAVINGS PLAN, KENTUCKY ANESTHESIA GROUP, PSC

KENTUCKY ANESTHESIA GROUP, PSCEIN 30-0171158Plan #001PY 2016

425 LEWIS HARGETT CIRCLE - LEXINGTON, KY 40503859-268-1030kyanesthesiagroup.comLinkedIn11-50 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$2.3M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$8.8M

+22.3% from 2015

Total participants

+42.3% from 2015

Average account balance

$258,666

-6.5% from 2015

Annual return

8.13%

+6.12 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.17M

Not enough data

1 years with asset history on file

Average account balance

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

$248K

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.

196.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$901K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

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

+11.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23455

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 codes2E2F2G2J2R3D2T

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.
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.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$31K

$1243 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.353%

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

$258,666

$77,638+233.2%

$156,551+65.2%

$62,881+311.4%

Participation rate

88.0%

71.2%+16.8pp

84.0%+4.0pp

69.3%+18.7pp

Annual return

8.13%

50.33%-42.2pp

32.23%-24.1pp

20.14%-12.0pp

Employer contribution / active EE

$33,437

$3,444+870.9%

$5,501+507.8%

$2,281+1365.9%

Participant deferral / active EE

$8,544

$3,046+180.6%

$4,871+75.4%

$3,203+166.8%

Admin fee / account holder

$914

$5,561-83.6%

$13,028-93.0%

$4,296-78.7%

KENTUCKY ANESTHESIA GROUP, PSC 401K RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENTUCKY ANESTHESIA GROUP, PSC 401K RETIREMENT SAVINGS 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