Retirement plan

EAR, NOSE & THROAT ASSOCIATES, P. C. RETIREMENT SAVINGS P & T

Name: EAR, NOSE & THROAT ASSOCIATES, P.C. - EAR, NOSE & THROAT ASSOCIATES, P. C. RETIREMENT SAVINGS P & T (2018) Form 5500
Creator: EAR, NOSE & THROAT ASSOCIATES, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EAR, NOSE & THROAT ASSOCIATES, P. C. RETIREMENT SAVINGS P & T, EAR, NOSE & THROAT ASSOCIATES, P.C.

EAR, NOSE & THROAT ASSOCIATES, P.C.EIN 35-1086214Plan #001PY 2018

10021 DUPONT CIRCLE COURT - FORT WAYNE, IN 46825260-426-8117LinkedIn51-200 employeesmedical practice

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$24.3M

-3.6% from 2017

Total participants

165

+12.2% from 2017

Average account balance

$153,589

-13.4% from 2017

Annual return

-7.18%

-19.89 pp from 2017

Benchmarks

See 5,259 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,259 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.30M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

204

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+18.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$269

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
VALEO FINANCIAL ADVISORS LLC4+ years Filed as: VALEO FINANCIAL ADVISORS, LLC Service code 26 · EIN 03-0519130	Advisory (Participants)	$31,564
BKD, LLP4+ years Filed as: BKD WEALTH ADVISORS LLC Service code 26 · EIN 43-1815436	Advisory (Participants)	$23,766
PROCOURSE FIDUCIARY ADVISORS, LLC1 year Filed as: VESTIA ADVISORY LLC Service code 26 · EIN 82-1828832	Advisory (Participants)	$21,825
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 42-1558009	Custodial (other than securities)	$3,101
CHARLES SCHWAB & CO., INC.2 years Service code 53 · EIN 94-1737782	Insurance Commissions	$1,819

Plan features & details

Pension benefit codes2A2G2E2J2K2R2F2T3H

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$117K

$944 / participant

Investment mgmt$25K21.2%
Contract admin$3K2.7%
Other / not subdivided$89K76.1%

% of EOY assets

0.482%

all-in expense ratio

Categories reported

2 / 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: BADEN, GAGE & SCHROEDER, LLC
Auditor EIN: 351939627
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$153,589

$47,977+220.1%

$154,111-0.3%

$56,287+172.9%

Participation rate

94.4%

66.2%+28.2pp

83.0%+11.3pp

69.9%+24.5pp

Annual return

-7.18%

3.54%-10.7pp

735.18%-742.4pp

-9.96%+2.8pp

Employer contribution / active EE

$5,690

$2,169+162.4%

$5,298+7.4%

$2,111+169.5%

Participant deferral / active EE

$5,079

$2,392+112.3%

$5,0810%

$3,350+51.6%

Admin fee / account holder

$741

$438+69.0%

$13,411-94.5%

$521+42.2%

Provider

Service type

Compensation

VALEO FINANCIAL ADVISORS LLC4+ years

Filed as: VALEO FINANCIAL ADVISORS, LLC

Service code 26 · EIN 03-0519130

Advisory (Participants)

$31,564

BKD, LLP4+ years

Filed as: BKD WEALTH ADVISORS LLC

Service code 26 · EIN 43-1815436

Advisory (Participants)

$23,766

PROCOURSE FIDUCIARY ADVISORS, LLC1 year

Filed as: VESTIA ADVISORY LLC

Service code 26 · EIN 82-1828832

Advisory (Participants)

$21,825

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB BANK

Service code 18 · EIN 42-1558009

Custodial (other than securities)

$3,101

CHARLES SCHWAB & CO., INC.2 years

Service code 53 · EIN 94-1737782

Insurance Commissions

$1,819

EAR, NOSE & THROAT ASSOCIATES, P. C. RETIREMENT SAVINGS P & T

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EAR, NOSE & THROAT ASSOCIATES, P. C. RETIREMENT SAVINGS P & T

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