Retirement plan

SUMMERFIELD VETERINARY HOSPITAL PLLC SAFE HARBOR 401(K) PLAN

Name: SUMMERFIELD VETERINARY HOSPITAL PLLC - SUMMERFIELD VETERINARY HOSPITAL PLLC SAFE HARBOR 401(K) PLAN (2018) Form 5500
Creator: SUMMERFIELD VETERINARY HOSPITAL PLLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUMMERFIELD VETERINARY HOSPITAL PLLC SAFE HARBOR 401(K) PLAN, SUMMERFIELD VETERINARY HOSPITAL PLLC

SUMMERFIELD VETERINARY HOSPITAL PLLCEIN 32-0250365Plan #001PY 2018

4318 N US 220 HIGHWAY - SUMMERFIELD, NC 273589401336-643-6326summerfieldveterinaryhospital.comLinkedIn1-10 employeesveterinary

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$828K

-11.3% from 2017

Total participants

0.0% from 2017

Average account balance

$48,729

-11.3% from 2017

Annual return

-4.90%

-11.46 pp from 2017

Benchmarks

See 116,760 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort116,760 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.44M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

138.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$123K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+19.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1032

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 codes2E3B3D2R2F2G2J

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.
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

1 tripped

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

$140K

$12727 / participant

Other / not subdivided$140K100.0%

% of EOY assets

16.900%

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

$48,729

$138,072-64.7%

$123,549-60.6%

$135,382-64.0%

Participation rate

100.0%

84.7%+15.3pp

82.3%+17.7pp

82.6%+17.4pp

Annual return

-4.90%

153.69%-158.6pp

119.20%-124.1pp

519.77%-524.7pp

Employer contribution / active EE

$1,852

$5,152-64.0%

$4,628-60.0%

$4,779-61.2%

Participant deferral / active EE

$5,421

$6,799-20.3%

$6,426-15.6%

$5,609-3.3%

Admin fee / account holder

$8,235

$10,917-24.6%

$9,284-11.3%

$10,829-23.9%

SUMMERFIELD VETERINARY HOSPITAL PLLC SAFE HARBOR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUMMERFIELD VETERINARY HOSPITAL PLLC SAFE HARBOR 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