Retirement plan

US ACUTE CARE SOLUTIONS PROFIT SHARING/401(K) PLAN AND TRUST

Name: US ACUTE CARE SOLUTIONS - US ACUTE CARE SOLUTIONS PROFIT SHARING/401(K) PLAN AND TRUST (2017) Form 5500
Creator: US ACUTE CARE SOLUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, US ACUTE CARE SOLUTIONS PROFIT SHARING/401(K) PLAN AND TRUST, US ACUTE CARE SOLUTIONS

US ACUTE CARE SOLUTIONSEIN 34-1807694Plan #001PY 2017

4535 DRESSLER RD NW - CANTON, OH 44718330-493-4443usacs.comLinkedIn1001-5000 employeeshospital & health care

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$627.5M

-10.6% from 2016

Total participants

3,909

-6.3% from 2016

Average account balance

$174,446

+0.1% from 2016

Annual return

53.96%

-8.89 pp from 2016

Benchmarks

See 1,308 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,308 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.94B

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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.

9,720

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$166.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+18.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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
RAYMOND JAMES FINANCIAL SERVICES1 year Service code 27 · EIN 59-2937883	Advisory (Plan)	$335,931
EMP ANNUITY INS CO OF AMERICA2 years Filed as: EMP MANAGEMENT GROUP, LTD. Service code 16 4535 DRESSLER ROAD NW · CANTON, OH 44718	Consulting	$8,000
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$1,312

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$321K

$112 / participant

Other / not subdivided$321K100.0%

% of EOY assets

0.051%

all-in expense ratio

Categories reported

0 / 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: SKODA MINOTTI
Auditor EIN: 341945206
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$174,446

$44,989+287.8%

$170,435+2.4%

$77,958+123.8%

Participation rate

89.1%

64.6%+24.5pp

83.6%+5.5pp

71.6%+17.5pp

Annual return

53.96%

19.61%+34.3pp

205.94%-152.0pp

20.87%+33.1pp

Employer contribution / active EE

$15,530

$1,466+959.2%

$5,432+185.9%

$2,310+572.1%

Participant deferral / active EE

$7,773

$2,208+252.1%

$4,939+57.4%

$3,537+119.8%

Admin fee / account holder

$89

$69+29.5%

$13,881-99.4%

$97-8.3%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES1 year

Service code 27 · EIN 59-2937883

Advisory (Plan)

$335,931

EMP ANNUITY INS CO OF AMERICA2 years

Filed as: EMP MANAGEMENT GROUP, LTD.

Service code 16

4535 DRESSLER ROAD NW · CANTON, OH 44718

Consulting

$8,000

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$1,312

US ACUTE CARE SOLUTIONS PROFIT SHARING/401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

US ACUTE CARE SOLUTIONS PROFIT SHARING/401(K) PLAN AND TRUST

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