Retirement plan

BRIDGEVIEW EYE PARTNERS RETIREMENT SAVINGS PLAN

Name: BRIDGEVIEW EYE PARTNERS - BRIDGEVIEW EYE PARTNERS RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: BRIDGEVIEW EYE PARTNERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRIDGEVIEW EYE PARTNERS RETIREMENT SAVINGS PLAN, BRIDGEVIEW EYE PARTNERS

BRIDGEVIEW EYE PARTNERSEIN 35-1845786Plan #001PY 2023

835 NORTH CASS STREET - WABASH, IN 46992260-569-9550bridgevieweye.comLinkedIn501-1000 employeesmedical practice

Prospect flagsLow employer contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$20.2M

+390.1% from 2015

Total participants

1,058

+95.2% from 2015

Average account balance

$22,573

+147.8% from 2015

Annual return

35.65%

+37.60 pp from 2015

Benchmarks

See 284 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort284 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$29.99M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

1,083

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.

80.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$179

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

See the 4-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 10 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$155,578
DIMENSIONAL FUND ADVISORS1 year Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4470812	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
THE HARTFORD1 year Filed as: HARTFORD MUTUAL FUNDS Service code 28 · EIN 13-3317783	Investment Management	$0
INVESCO1 year Service code 28 · EIN 26-4521338	Investment Management	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	Investment Management	$0
MFS INVESTMENT MANAGEMENT1 year Filed as: MFS FUNDS Service code 28 · EIN 04-2747644	Investment Management	$0
PIMCO FUNDS1 year Service code 28 · EIN 33-0629048	Investment Management	$0
PRINCIPAL LIFE INSURANCE COMPANY1 year Filed as: PRINCIPAL FUND Service code 28 · EIN 42-1520346	Investment Management	$0
T ROWE PRICE RPS INC1 year Filed as: T ROWE PRICE RPS, INC Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H3D

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$156K

$175 / participant

Other / not subdivided$156K100.0%

% of EOY assets

0.771%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CROWE, LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,573

$57,739-60.9%

$112,229-79.9%

$74,419-69.7%

Participation rate

81.5%

55.6%+25.9pp

72.4%+9.1pp

70.7%+10.8pp

Annual return

35.65%

19.52%+16.1pp

30.20%+5.4pp

34.38%+1.3pp

Employer contribution / active EE

$1,675-99.9%

$3,430-99.9%

$2,637-99.9%

Participant deferral / active EE

$2,882

$2,891-0.3%

$4,798-39.9%

$4,528-36.4%

Admin fee / account holder

$174

$462-62.4%

$7,748-97.8%

$348-50.0%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$155,578

DIMENSIONAL FUND ADVISORS1 year

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4470812

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

THE HARTFORD1 year

Filed as: HARTFORD MUTUAL FUNDS

Service code 28 · EIN 13-3317783

Investment Management

INVESCO1 year

Service code 28 · EIN 26-4521338

Investment Management

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

Investment Management

MFS INVESTMENT MANAGEMENT1 year

Filed as: MFS FUNDS

Service code 28 · EIN 04-2747644

Investment Management

PIMCO FUNDS1 year

Service code 28 · EIN 33-0629048

Investment Management

PRINCIPAL LIFE INSURANCE COMPANY1 year

Filed as: PRINCIPAL FUND

Service code 28 · EIN 42-1520346

Investment Management

T ROWE PRICE RPS INC1 year

Filed as: T ROWE PRICE RPS, INC

Service code 15

Recordkeeping

BRIDGEVIEW EYE PARTNERS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRIDGEVIEW EYE PARTNERS 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