Retirement plan

PROSCAN IMAGING, LLC PROFIT SHARING PLAN

Name: PROSCAN IMAGING, LLC - PROSCAN IMAGING, LLC PROFIT SHARING PLAN (2017) Form 5500
Creator: PROSCAN IMAGING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROSCAN IMAGING, LLC PROFIT SHARING PLAN, PROSCAN IMAGING, LLC

PROSCAN IMAGING, LLCEIN 31-1466329Plan #001PY 2017

5400 KENNEDY AVENUE - CINCINNATI, OH 45213513-281-3400proscan.comLinkedIn501-1000 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.6M

+23.1% from 2016

Total participants

211

+3.4% from 2016

Average account balance

$55,987

+18.6% from 2016

Annual return

20.78%

+13.30 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.38M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

463

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.

76.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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 3 by compensation

Provider	Service type	Compensation
CLARK, SCHAEFER, HACKETT & CO.1 year Filed as: CLARK SCHAEFER & HACKETT Service code 10 · EIN 31-0800053	Accounting	$9,000
TRI-AD ACTUARIES, INC.3+ years Filed as: TRI-STATE PLAN ADMINISTRATION Service code 10 · EIN 31-1214674	Accounting	$8,820
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 15 · EIN 95-6817943	Recordkeeping	$1,025

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$19K

$139 / participant

Contract admin$1K5.4%
Other / not subdivided$18K94.6%

% of EOY assets

0.177%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLARK, SHAEFER, HACKETT & CO.
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,987

$80,753-30.7%

$136,297-58.9%

$62,293-10.1%

Participation rate

84.6%

73.5%+11.0pp

81.9%+2.6pp

69.5%+15.0pp

Annual return

20.78%

35.83%-15.0pp

5156.19%-5135.4pp

28.90%-8.1pp

Employer contribution / active EE

$2,241

$2,884-22.3%

$4,696-52.3%

$2,042+9.7%

Participant deferral / active EE

$3,973

$5,164-23.1%

$6,247-36.4%

$3,169+25.4%

Admin fee / account holder

$99

$525-81.1%

$9,244-98.9%

$479-79.3%

Provider

Service type

Compensation

CLARK, SCHAEFER, HACKETT & CO.1 year

Filed as: CLARK SCHAEFER & HACKETT

Service code 10 · EIN 31-0800053

Accounting

$9,000

TRI-AD ACTUARIES, INC.3+ years

Filed as: TRI-STATE PLAN ADMINISTRATION

Service code 10 · EIN 31-1214674

Accounting

$8,820

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 15 · EIN 95-6817943

Recordkeeping

$1,025

PROSCAN IMAGING, LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROSCAN IMAGING, LLC PROFIT SHARING 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